Common use of Specific Prohibitions Clause in Contracts

Specific Prohibitions. 18.2.1 The Manager acknowledges that it would be a breach of its duties under the Agreement for the Manager or an Affiliate of the Manager to use Confidential Information obtained in the course of this engagement to enter into a trade or other transaction other than for the Company. Neither the Manager nor any of its Affiliates or their respective directors, officers, or employees shall use any Confidential Information except as expressly permitted in the Agreement. This restriction prohibits, without limitation, use of any Confidential Information for the benefit of the Manager or any of its Affiliates or their respective directors, officers, or employees (beyond the consideration to be paid to the Manager by the Company pursuant to the Agreement), for the benefit of any other Manager client, or to inform any financial transaction, render any advice or recommendation, or attempt to influence any market or transaction for the benefit of any individual or entity other than the Company.