RIGHTS TO ENGAGE IN OTHER VENTURES Sample Clauses

RIGHTS TO ENGAGE IN OTHER VENTURES. No Investor or any officer, director, shareholder or other person holding a legal or beneficial interest in any Investor shall, by virtue of his ownership of a direct or indirect interest in the Fund, be in any way prohibited from or restricted in engaging in, or possessing an interest in, any other business venture of a like or similar nature including any other oil and gas fund, project or property.
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RIGHTS TO ENGAGE IN OTHER VENTURES. The Limited Partner (or any other officer, director, shareholder or other person holding a legal or beneficial interest in any Limited Partner) shall not be prohibited from or restricted in engaging in or possession of an interest in any other business venture of like or similar nature.
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