Common use of CONFLICTS OF INTEREST AND TRANSACTIONS WITH AFFILIATES Clause in Contracts

CONFLICTS OF INTEREST AND TRANSACTIONS WITH AFFILIATES. (a) Subject to the limitations expressly set forth herein, any Partner and any Affiliate of any Partner may engage in or possess an interest in any business or activity whatsoever, whether now existing or hereafter created, without any accountability to the Partnership or any Partner. This Agreement shall not give the Partnership or any Partner any interest in, or right to, any such business or activity or any proceeds, income or profit thereof or therefrom. No Partner shall be obligated to offer any business opportunity to the Partnership or any other Partner.

CONFLICTS OF INTEREST AND TRANSACTIONS WITH AFFILIATES. (a) Subject to the limitations expressly set forth herein, any Any Partner and any Affiliate of any Partner may engage in or possess an interest in any business or activity whatsoever, whether now presently existing or hereafter created, without any accountability to the Partnership or any Partner. This Agreement shall not give the Partnership or any Partner any interest in, or right to, any such business or activity or any proceeds, income or profit thereof or therefrom. No Partner shall be obligated to offer any business opportunity to the Partnership or any other Partner.

CONFLICTS OF INTEREST AND TRANSACTIONS WITH AFFILIATES. (a) Subject to the limitations expressly set forth herein, any Any Partner and any Affiliate of any Partner may engage in or possess an interest in any business or activity whatsoever, whether now presently existing or hereafter created, without any accountability to the Partnership or any Partner. This Agreement shall not give the Partnership or any Partner any interest in, or right to, any such business or activity or any proceeds, income or profit thereof or therefrom. No Partner shall be obligated to offer any business opportunity to the Partnership or any other Partner.