Common use of Activities of the Members Clause in Contracts

Activities of the Members. Except as expressly restricted by the Joint Investment and Non-Competition Agreement, each Member and its Affiliates may engage in or hold interests in other business ventures and activities of any nature, including, without limitation, ventures and activities similar to those of the Company, and neither the Company nor the other Members shall, by virtue of this Agreement, have any interest or rights in or to such other ventures or business or any liability or obligation with respect thereto.

Appears in 3 contracts

Samples: Operating Agreement (RCN Corp /De/), Operating Agreement (Nstar/Ma), Operating Agreement (RCN Corp /De/)

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Activities of the Members. Except as expressly restricted by the Joint Investment and Non-Non- Competition Agreement, each Member and its Affiliates may engage in or hold interests in other business ventures and activities of any nature, including, without limitation, ventures and activities similar to those of the Company, and neither the Company nor the other Members shall, by virtue of this Agreement, have any interest or rights in or to such other ventures or business or any liability or obligation with respect thereto.

Appears in 1 contract

Samples: Operating Agreement (RCN Corp /De/)

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