Common use of Partnership Representative Has No Exclusive Duty to Company Clause in Contracts

Partnership Representative Has No Exclusive Duty to Company. The Partnership Representative shall not be required to act in such capacity as his/ her/its sole and exclusive function. The Partnership Representative shall devote such time to this position as is commercially reasonable to fulfill her obligations, responsibilities and duties.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement (PRC Equity Fund I, LLC), Operating Agreement

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Partnership Representative Has No Exclusive Duty to Company. The Partnership Representative shall not be required to act in such capacity as his/ her/his, her or its sole and exclusive function. The Partnership Representative shall devote such time to this position as is commercially reasonable to fulfill her obligations, responsibilities and duties.

Appears in 1 contract

Samples: Operating Agreement (Spark Fund One LLC)

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