Common use of Activity of the Managing Member Clause in Contracts

Activity of the Managing Member. The Managing Member and persons controlling, controlled by or under common control with the Managing Member and any of such person's directors, members, stockholders, partners, officers, employees and controlling persons (each an "Affiliate" and collectively, "Affiliates"), shall devote so much of their time to the affairs of the Company as in the judgment of the Managing Member the conduct of its business shall reasonably require, and none of the Managing Member or its Affiliates shall be obligated to do or perform any act or thing in connection with the business of the Company not expressly set forth herein. Nothing herein contained in this Section 2.05 shall be deemed to preclude the Managing Member or its Affiliates from exercising investment responsibility, from engaging directly or indirectly in any other business or from directly or indirectly purchasing, selling or holding securities, options, separate accounts, investment contracts, currency, currency units or any other asset and any interest therein for the account of any such other business, for their own accounts, for any of their family members or for other clients.

Activity of the Managing Member. The Managing Member and persons controlling, controlled by or under common control with the Managing Member and any of such person's directors, members, stockholders, partners, officers, employees and controlling persons (each each, an "Affiliate" and collectively, "Affiliates"), shall devote so much of their time to the affairs of the Company as in the judgment of the Managing Member the conduct of its business shall reasonably require, and none of the Managing Member or its Affiliates shall be obligated to do or perform any act or thing in connection with the business of the Company not expressly set forth herein. Nothing herein contained in this Section 2.05 shall be deemed to preclude the Managing Member or its Affiliates from exercising investment responsibility, from engaging directly or indirectly in any other business or from directly or indirectly purchasing, selling or holding securities, options, separate accounts, investment contracts, currency, currency units or any other asset and any interest therein for the account of any such other business, for their own accounts, for any of their family members or for other clients.

Activity of the Managing Member. The Managing Member and persons Persons controlling, controlled by or under common control with the Managing Member and any of such person's Person’s directors, members, stockholders, partners, officers, employees and controlling persons (each each, an "“Affiliate" ” and collectively, "“Affiliates"”), shall devote so much of their time to the affairs of the Company as in the judgment of the Managing Member the conduct of its business shall reasonably require, and none of the Managing Member or its Affiliates shall be obligated to do or perform any act or thing in connection with the business of the Company not expressly set forth herein. Nothing herein contained in this Section 2.05 shall be deemed to preclude the Managing Member or its Affiliates from exercising investment responsibility, from engaging directly or indirectly in any other business or from directly or indirectly purchasing, selling or holding securities, options, separate accounts, investment contracts, currency, currency units or any other asset and any interest therein for the account of any such other business, for their own accounts, for any of their family members or for other clients.

Activity of the Managing Member. The Managing Member and persons controlling, controlled by or under common control with the Managing Member and any of such person's ’s directors, members, stockholders, partners, officers, employees and controlling persons (each each, an "“Affiliate" ” and collectively, "“Affiliates"”), shall devote so much of their time to the affairs of the Company as in the judgment of the Managing Member the conduct of its business shall reasonably require, and none of the Managing Member or its Affiliates shall be obligated to do or perform any act or thing in connection with the business of the Company not expressly set forth herein. Nothing herein contained in this Section 2.05 shall be deemed to preclude the Managing Member or its Affiliates from exercising investment responsibility, from engaging directly or indirectly in any other business or from directly or indirectly purchasing, selling or holding securities, options, separate accounts, investment contracts, currency, currency units or any other asset and any interest therein for the account of any such other business, for their own accounts, for any of their family members or for other clients. No Non-Managing Member shall, by reason of being a Member of the Company, have any right to participate in any manner in any profits or income earned or derived by or accruing to the Managing Member or any of its Affiliates from the conduct of any business other than the business of the Company (and only to the extent provided herein) or from the conduct of any activities for any account other than that of the Company (and only to the extent provided herein).