HOBBY Clause Samples
The HOBBY clause defines the rights and limitations regarding the use of a product, service, or intellectual property for personal, non-commercial purposes. Typically, this clause clarifies that users may engage in activities such as personal enjoyment, experimentation, or learning, but prohibits any commercial exploitation or resale. Its core function is to distinguish between personal and business use, ensuring that the product or service is not used for profit without proper authorization, thereby protecting the provider's commercial interests.
HOBBY. Lease Agreement dated August 25, 1970, between City of Houston and Atlantic Aviation Corporation, as amended and supplemented on February 3, 1972, July 19, 1972, October 19, 1976, February 12, 1979, and November 2, 2000 (countersigned date), for property located at ▇▇▇▇▇▇▇ ▇. Hobby Airport.
HOBBY. FARM LIVESTOCK: as described and for which limit of insurance is specified in the Policy Declarations.
HOBBY. Mr. Hobby is a founder and a Managing Partner of Genesis Park LP., a regional private equity firm that has expertise in communications, energy technologies and other technology sectors. Mr. Hobby has served on the board of a number of public companies including: NRG, Eagle Global Logistics, ▇▇▇▇▇▇▇ Title, Coastal Banc, Amegy Bank of Texas and Aronex Pharmaceuticals. He is former Chairman of the Houston Branch of the Federal Reserve Bank of Dallas, the Greater Houston Partnership, the Texas Ethics Commission, the Texas General Services Commission and the Texas Business Hall of Fame. He has also held a number of other community leadership positions over time. Mr. Hobby is a graduate of the University of Virginia, where he has been honored for service to the University, and the University of Texas School of Law, where he has served as an adjunct faculty member and been honored as an Outstanding Young Alumnus. He has been a guest lecturer at the Rice University ▇▇▇▇▇ School, the University of Houston, Texas State University and the Stanford University Graduate School of Business. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ is Founder and President of ▇▇▇▇▇▇▇▇▇▇ Investment Management Company (NIMCO) of Camas, Washington, which manages The D3 Family Funds, which seeks long term capital gain, principally through investment in a concentrated portfolio of undervalued micro-cap public equities. He has served on dozens of not for profit, public, and private for profit boards since 1985.