Common use of Outside Activities of the Limited Partners Clause in Contracts

Outside Activities of the Limited Partners. Any Limited Partner, directly or indirectly, through Affiliates or otherwise, shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement or otherwise in any business ventures, direct or indirect, of any kind or character, of any Limited Partner, its Affiliates or otherwise.

Appears in 9 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Steel Partners Holdings L.P.), Agreement of Limited Partnership (Steel Partners Holdings L.P.)

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Outside Activities of the Limited Partners. Any Each Limited Partner, directly or indirectly, through Affiliates or otherwise, Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement or otherwise in any business ventures, direct or indirect, of any kind or character, ventures of any Limited Partner, its Affiliates or otherwise.

Appears in 4 contracts

Samples: Limited Partnership Agreement (DCP Midstream, LP), Limited Partnership Agreement (DCP Midstream, LP), Limited Partnership Agreement

Outside Activities of the Limited Partners. Any Limited Partner, directly or indirectly, through Affiliates or otherwise, Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement or otherwise in any business ventures, direct or indirect, of any kind or character, ventures of any Limited Partner, its Affiliates or otherwise.

Appears in 3 contracts

Samples: Limited Partnership Agreement (AWA Group LP), Limited Partnership Agreement (Soleil Capital L.P.), Limited Partnership Agreement (Blackstone Group L.P.)

Outside Activities of the Limited Partners. Any Limited Partner, directly or indirectly, through Affiliates or otherwise, Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement or otherwise in any business ventures, direct or indirect, of any kind or character, of any Limited Partner, its Affiliates or otherwise.

Appears in 1 contract

Samples: Limited Partnership Agreement (Ap Eagle Finance Corp)

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Outside Activities of the Limited Partners. Any Limited Partner, directly or indirectly, through Affiliates or otherwise, Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership GroupPartnership. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement or otherwise in any business ventures, direct or indirect, of any kind or character, ventures of any Limited Partner, its Affiliates or otherwise.. 15

Appears in 1 contract

Samples: Limited Partnership Agreement (Joyner Capital LP)

Outside Activities of the Limited Partners. Any The Limited Partner, directly or indirectly, through Affiliates or otherwise, Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners or Assignees shall have any rights by virtue of this Agreement or otherwise in any business ventures, direct or indirect, ventures of any kind or character, of any the Limited Partner, its Affiliates or otherwise.

Appears in 1 contract

Samples: Limited Partnership Agreement (Panhandle Eastern Pipe Line Co Lp)

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