Outside Business Activity definition

Outside Business Activity means any organized or business activity conducted by a MSIM Employee outside of MSIM. This includes, but is not limited to, participation on a board of directors or advisory board, including that of a charitable organization, working part-time outside of MSIM, establishing a holding company for investments, establishing an LLC that invests in rental properties, or forming a limited partnership.
Outside Business Activity. – means any activity by an Access Person where they are actively engaged in:
Outside Business Activity means any business other than (i) the ownership, acquisition and disposition of Partnership Interests as a General Partner or Limited Partner and (ii) the management of the business of the Partnership, and such activities as are incidental thereto, including, without limitation, the issuance of New Securities and the application of the proceeds thereof in compliance with the provisions of Section 7.10 of this Agreement.

Examples of Outside Business Activity in a sentence

  • Without the Consent of the Limited Partners, the General Partner shall not directly or indirectly enter into or conduct any Outside Business Activity.

  • Conflicts with any Outside Business Activity (OBA) When Worldsource approves an OBA for an advisor, there is a review to determine whether it creates a conflict of interest with current and/or future clients.


More Definitions of Outside Business Activity

Outside Business Activity means any employment or other outside activity by a Supervised Person.
Outside Business Activity means any employment or other outside activity by a Supervised Person. “Reportable Security” means any security, except:
Outside Business Activity means an activity by which a Covered Person is an employee, independent contractor, sole proprietor, officer, director or partner of a third party (excluding affiliates of Liberty Street), and receiving compensation or having the reasonable expectation of receiving compensation from the third party for the activity.
Outside Business Activity means any business carried on by an Approved Person other than business done on behalf of the Approved Person’s Member.
Outside Business Activity means ownership of, investment in, material participation in the conduct of, or any other material financial interest in, a business. It does not include an investment in the stock or debt of a publicly-traded company. Examples include, but are not limited to, ownership of a sole-proprietorship; ownership of debt or stock in a corporation that is not publicly-traded; and membership or investment in a limited liability company, limited liability partnership, partnership, or corporation.
Outside Business Activity means any form of employment or engagement outside of your employment at the Company. Outside business activities also include, but are not limited to, serving as a director or officer of another company or organization, or any activity that has the potential to detract from your ability to devote appropriate time and attention to your responsibilities to the Company.
Outside Business Activity means any activity that calls for a material time commitment or provides compensation in return for investment-related or other-business-related activity. Further, Outside Business Activities also include (i) serving as an officer, director, trustee or partner of any business organization; (ii) participating as a member of a limited liability company or a limited partner of a limited partnership; or (iii) serving as a consultant, teacher, lecturer, publisher of articles or radio or television guest. If you are in doubt as to whether an activity is an Outside Business Activity, consult the CCO. Compensation may be provided, without limitation, as cash or non-cash salaries, commissions, director’s fees and consulting, finders, advisory and other fees.