Reservation of Other Business Opportunities. No business opportunities other than those actually exploited by the Company shall be deemed the property of the Company, and the Initial Member may engage in or possess an interest in any other business venture, independently or with others, of any nature or description, even if such venture or opportunity is in direct competition with the business of the Company; and the Company shall have no rights by virtue hereof in or to such other business ventures, or to the income or profits derived therefrom.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (Versus Capital Real Assets Fund LLC), Limited Liability Company Agreement (Versus Capital Multi-Manager Real Estate Income Fund LLC), Limited Liability Company Agreement (Versus Capital Real Assets Fund LLC)
Reservation of Other Business Opportunities. No Except and solely to the extent that any business opportunities other than those of the Member are actually exploited by the Company Company, no business opportunities of the Member shall be deemed the property of the Company, and the Initial . The Member may engage in or possess an interest in any other business venture, independently or with others, of any nature or description, even if such venture or opportunity is in direct competition with the business of the Company; and the Company shall have no rights by virtue hereof in or to such other business ventures, or to the income or profits derived therefrom.
Appears in 9 contracts
Samples: Operating Agreement, Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc), Limited Liability Company Agreement
Reservation of Other Business Opportunities. No business opportunities other than those actually exploited by the Company LLC shall be deemed the property of the CompanyLLC, and the Initial Member may engage in or possess an interest in any other business venture, independently or with others, of any nature or description, even if such venture or opportunity is in direct competition with the business of the CompanyLLC; and the Company LLC shall have no rights by virtue hereof in or to such other business ventures, or to the income or profits derived therefrom.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Semiconductor Components Industries of Rhode Island Inc), Limited Liability Company Agreement (Semiconductor Components Industries of Rhode Island Inc), Limited Liability Company Agreement (Semiconductor Components Industries LLC)
Reservation of Other Business Opportunities. No business opportunities other than those actually exploited by the Company shall be deemed the property of the Company, and the Initial Member may engage in or possess an interest in any other business venture, independently or with others, of any nature or description, even if such venture or opportunity is in direct competition with the business of the Company; and the . The Company shall have no rights by virtue hereof in or to such other business ventures, or to the income or profits derived therefrom.
Appears in 2 contracts
Samples: Operating Agreement (IOC-Black Hawk Distribution Company, LLC), Limited Liability Company Agreement (Rainbow Casino-Vicksburg Partnership, L.P.)
Reservation of Other Business Opportunities. No Except and solely to the extent that any business opportunities other than those opportunity of the Member is actually exploited by the Company LLC, no business opportunities of the Member shall be deemed the property of the Company, and the Initial LLC. The Member may engage in or possess an interest in any other business venture, independently or with others, of any nature or description, even if such venture or opportunity is in direct competition with the business of the CompanyLLC; and the Company LLC shall have no rights by virtue hereof in or to such other business ventures, or to the income or profits derived therefrom.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (DB Online, LLC), Limited Liability Company Agreement (DB Online, LLC)
Reservation of Other Business Opportunities. No business opportunities other than those actually exploited by the Company shall be deemed the property of the Company, and the Initial Member may engage in or possess an interest in any other business venture, independently or with others, of any nature or description, even if such venture or opportunity is in direct competition with the business of the Company; and the Company shall have no rights by virtue hereof in or to such other business ventures, or to the income or profits derived therefrom.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Versus Global Multi-Manager Real Estate Income Fund LLC)
