Competition; Other Activities Sample Clauses

Competition; Other Activities. (a) Each party hereby acknowledges that, in its capacity as a Partner of the Partnership, it and its Governing Body appointees will acquire valuable knowledge of the Partnership's business and business methods, patients and clients, sources of patient and client referrals, and sources of financing of the Partnership. Each Partner further acknowledges that any psychiatric facility located within two hundred (200) miles of Las Cruces, New Mexico, would compete, directly or indirectly, with the business of the Partnership and that the utilization of such knowledge, directly or indirectly, for the benefit of any other hospital business operated within two hundred (200) miles of Las Cruces, New Mexico, would be injurious to and adversely affect the Partnership's business and profitability. Hence, the Partners hereby acknowledge their intention, during the term of this Agreement, to own, operate, or be employed or retained in connection with the ownership or operation of psychiatric facilities within two hundred (200) miles of Las Cruces, New Mexico, only as partners with each other, pursuant to terms, conditions and agreements substantially similar to those provided in this Agreement. Each Partner hereby covenants and agrees that, during the term of this Agreement, and for three (3) years after the earlier of: (i) the termination of this Agreement or (ii) such Partner's sale of all of its Partnership Interest, no Partners will, without the consent or participation of the other Partners, directly or indirectly, own, operate or participate in the ownership or operation of any psychiatric, substance abuse or any other form of mental health facility or unit or program within two hundred (200) miles of Las Cruces, New Mexico other than the Facility.
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Competition; Other Activities. During the term of this Agreement, except on behalf of the Company or its subsidiaries and affiliates, Consultant/Representative will not directly or indirectly, whether as an officer, director, stockholder, partner, proprietor, associate, representative, employee, consultant or otherwise, become or be interested in any other person, corporation, firm, partnership or other entity whatsoever which produces, markets and/or sells bathroom, kitchen, postal or fish scales; tire pressure gauges; shock sensing devices for packaging applications or ultrasonic distance measurement devices for consumer use, of any type and in any location; provided, however, that anything above to the contrary notwithstanding, Consultant/Distributor may own, as a passive investor, securities of any corporation which engages in such businesses which is publicly traded, so long as his holdings in any one such corporation shall not in the aggregate constitute more than 5% of the voting stock of such corporation.
Competition; Other Activities 

Related to Competition; Other Activities

  • RIGHT TO ENGAGE IN OTHER ACTIVITIES (a) The services provided by the Advisor hereunder are not to be deemed exclusive. CMF on its own behalf and on behalf of the Partnership acknowledges that, subject to the terms of this Agreement, the Advisor and its officers, directors, employees and shareholder(s), may render advisory, consulting and management services to other clients and accounts. The Advisor and its officers, directors, employees and shareholder(s) shall be free to trade for their own accounts and to advise other investors and manage other commodity accounts during the term of this Agreement and to use the same information, computer programs and trading strategies, programs or formulas which they obtain, produce or utilize in the performance of services to CMF for the Partnership. However, the Advisor represents, warrants and agrees that it believes the rendering of such consulting, advisory and management services to other accounts and entities will not require any material change in the Advisor’s basic trading strategies and will not affect the capacity of the Advisor to continue to render services to CMF for the Partnership of the quality and nature contemplated by this Agreement.

  • Other Activities Your services pursuant to this Agreement shall not be deemed to be exclusive, and you may render similar services and act as an underwriter, distributor or dealer for other investment companies in the offering of their shares.

  • No Other Activities The Issuer will not engage in activities other than financing, acquiring, owning and pledging the Trust Property as described in the Transaction Documents and activities incidental to those activities.

  • Other Activities/Renovations A. The Contractor acknowledges its responsibility to assure the Judicial Council’s quiet enjoyment of the Program and to provide the full service level of the Property for the Program, free from outside distractions, disturbances, and/or interruptions. The Contractor shall avoid assigning any rooms to the Judicial Council or the Attendees during the Program which are adjacent to or across from any group or activity that may generate noise or other distractions, such as construction or other conduct, sufficient to detract from quiet enjoyment of the Program on the Property.

  • Business Activities The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to the Company and its Restricted Subsidiaries taken as a whole.

  • Other Business Activities During the Term, Employee will not, without the prior written consent of the Company, directly or indirectly engage in any other business activities or pursuits whatsoever, except activities in connection with any charitable or civic activities, personal investments and serving as an executor, trustee or in other similar fiduciary capacity; provided, however, that such activities do not interfere with his performance of his responsibilities and obligations pursuant to this Agreement.

  • Outside Activities Subject to the Articles of Incorporation and any agreements entered into by the General Partner or its Affiliates with the Partnership or a Subsidiary, any officer, director, employee, agent, trustee, Affiliate or stockholder of the General Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities substantially similar or identical to those of the Partnership. Neither the Partnership nor any of the Limited Partners shall have any rights by virtue of this Agreement in any such business ventures, interest or activities. None of the Limited Partners nor any other Person shall have any rights by virtue of this Agreement or the partnership relationship established hereby in any such business ventures, interests or activities, and the General Partner shall have no obligation pursuant to this Agreement to offer any interest in any such business ventures, interests and activities to the Partnership or any Limited Partner, even if such opportunity is of a character which, if presented to the Partnership or any Limited Partner, could be taken by such Person.

  • Competing Activities Notwithstanding any duty otherwise existing at law or in equity, (i) neither a Member nor a Manager of the Company, or any of their respective affiliates, partners, members, shareholders, directors, managers, officers or employees, shall be expressly or impliedly restricted or prohibited solely by virtue of this Agreement or the relationships created hereby from engaging in other activities or business ventures of any kind or character whatsoever and (ii) except as otherwise agreed in writing or by written Company policy, each Member and Manager of the Company, and their respective affiliates, partners, members, shareholders, directors, managers, officers and employees, shall have the right to conduct, or to possess a direct or indirect ownership interest in, activities and business ventures of every type and description, including activities and business ventures in direct competition with the Company.

  • Competition By accepting this Contract, Contractor agrees that no collusion or other restraint of free competitive bidding, either directly or indirectly, has occurred in connection with this award by the Division of Purchases.

  • Activities Except with the prior written consent of the Board, Executive will not during his employment with the Company undertake or engage in any other employment, occupation or business enterprise, other than ones in which Executive is a passive investor. Executive may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder.

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