Common use of Time Devoted to Business Clause in Contracts

Time Devoted to Business. The Members and the Managers shall devote such time to the business of the Company as they, in their discretion, deem necessary for the efficient carrying on of the Company's business. The Members and the Managers shall at all times be free to engage for their own account in any business that competes with any business of the Company.

Appears in 3 contracts

Samples: Operating Agreement (Qwest Communications International Inc), Operating Agreement (Qwest Communications International Inc), Operating Agreement (Qwest Communications International Inc)

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Time Devoted to Business. The Members and the Managers Manager shall devote such time to the business of the Company as theythe Manager, in their Manager’s discretion, deem deems necessary for the efficient carrying on operation of the Company's ’s business. The Members and the Managers Manager shall at all times be free to engage for their the Manager’s own account in all aspects of any business that competes with any business of or investment in which the CompanyCompany is involved.

Appears in 2 contracts

Samples: Operating Agreement (B&H Contracting, L.P.), Operating Agreement (B&H Contracting, L.P.)

Time Devoted to Business. The Members and the Managers Each Member shall be required to devote such time to the business of the Company as they, it in their discretion, deem its discretion deems necessary for the efficient carrying on operation of the Company's business. The Members and the Managers shall at all times be free to engage for their own account in all aspects of any business that competes with any business of or investment in which the CompanyCompany is involved.

Appears in 2 contracts

Samples: Operating Agreement (Stonehill Institutional Partners Lp), Operating Agreement (Davidson M H & Co Inc/)

Time Devoted to Business. The Members and the Managers Each Member shall be required to ------------------------- devote such time to the business of the Company as they, it in their discretion, deem its discretion deems necessary for the efficient carrying on operation of the Company's business. The Members and the Managers shall at all times be free to engage for their own account in all aspects of any business that competes with any business of or investment in which the CompanyCompany is involved.

Appears in 1 contract

Samples: Operating Agreement (Angelo Gordon & Co Lp)

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Time Devoted to Business. The Members and the Managers Manager shall devote such time to the business of the Company as theyhe, in their his discretion, deem deems necessary for the efficient carrying on operation of the Company's ’s business. The Members and the Managers shall Manager shall, at all times times, be free to engage for their in his own account in all aspects of any business that competes with any business of in which the CompanyCompany is involved.

Appears in 1 contract

Samples: Operating Agreement (MFI Holdings, Inc.)

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