Common use of Right to Conduct Activities Clause in Contracts

Right to Conduct Activities. The Company and each Investor hereby acknowledge that some or all of the Investors are professional investment funds or holding companies and, as such, hold investments in numerous portfolio companies, some of which may be competitive with the Company’s business. No Investor shall be liable to the Company or to other Investors for any claim arising out of, or based upon, (a) the holding of securities by the Investor in any entity competitive with the Company, or (b) actions taken by any partner, officer or other representative of any Investor to assist any such competitive company, whether or not such action was taken as a board member of such competitive company or otherwise, and whether or not such action has a detrimental effect on the Company, so long as no confidential information of the Company is used or disclosed by such Investor in connection with any such competitive activities.

Right to Conduct Activities. The Company and each Investor hereby acknowledge that some or all of the Investors are professional investment funds or holding companies andfunds, and as such, hold investments such invest in numerous portfolio companies, some of which may be competitive with the Company’s business. No Investor shall be liable to the Company or to any other Investors Investor for any claim arising out of, or based upon, (ai) the holding of securities investment by the Investor in any entity competitive with to the Company, or (bii) actions taken by any partner, officer officer, or other representative of any Investor to assist any such competitive company, whether or not such action was taken as a board member of such competitive company company, or otherwise, and whether or not such action has a detrimental effect on the Company, so long as no confidential information ; provided however that the foregoing does not diminish or modify the confidentiality obligations of the Company is used or disclosed by such Investor in connection with any such competitive activitiesInvestors hereunder.

Right to Conduct Activities. The Company and each Investor hereby acknowledge that some or all of the Investors are professional investment funds or holding companies andfunds, and as such, hold investments such invest in numerous portfolio companies, some of which may be competitive with the Company’s 's business. No Investor shall be liable to the Company or to any other Investors Investor for any claim arising out of, or based upon, the investment activities of such Investor, including without limitation, any claim arising out of, or based upon, (ai) the holding of securities investment by the Investor in any entity competitive with to the Company, or (bii) actions taken by any partner, officer or other representative of any Investor to assist any such competitive company, whether or not such action was taken as a board member of such competitive company company, or otherwise, and whether or not such action has a detrimental effect on the Company, so long as no confidential information of the Company is used or disclosed by such Investor in connection with any such competitive activities.