Common use of RIGHTS TO ENGAGE IN OTHER VENTURES Clause in Contracts

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.

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 natural gas fund, project or property.

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 natural gas fund, project or property.

RIGHTS TO ENGAGE IN OTHER VENTURES. No Investor Interestholder or any officer, director, shareholder Interestholder or other person holding a legal or beneficial interest in any Investor Interestholder shall, by virtue of his ownership of a direct or indirect interest in the FundCompany, 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 venture involving the oil and gas fund, project or propertyindustry.