Common use of Independent Activities Clause in Contracts

Independent Activities. 14.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:

Appears in 11 contracts

Samples: Acquisition Agreement, Acuisition Agreement, Acquisition Agreement (Toron Inc.)

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Independent Activities. 14.1 11.01 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any an obligation to any other party as to:

Appears in 5 contracts

Samples: www.sec.gov, Property Option Agreement (North Springs Resources Corp.), Property Option Agreement (North Springs Resources Corp.)

Independent Activities. 14.1 13.01 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any an obligation to any other party as to:

Appears in 4 contracts

Samples: Property Option Agreement (Hi Ho Silver Resources Inc.), Property Option Agreement (Hi Ho Silver Resources Inc.), Property Option Agreement (Revelstoke Industries, Inc.)

Independent Activities. 14.1 11.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture business arrangement or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:.

Appears in 3 contracts

Samples: Option Agreement (Ripple Lake Diamonds Inc.), Option Agreement (Ripple Lake Diamonds Inc.), Option Agreement (Ripple Lake Diamonds Inc.)

Independent Activities. 14.1 11.01 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours endeavors of any sort whatsoever, whether or not competitive with the endeavours endeavors contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours endeavors within the general scope of the endeavours endeavors contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any an obligation to any other party as to:

Appears in 2 contracts

Samples: Property Option Agreement (Solara Ventures Inc), Property Option Agreement (Solara Ventures Inc)

Independent Activities. 14.1 13.01 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive received the full benefit of any and all business endeavours endeavors of any sort whatsoever, whether or not competitive with the endeavours endeavors contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours endeavors within the general scope of the endeavours endeavors contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or of having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any an obligation to any other party as to:

Appears in 2 contracts

Samples: Option Agreement (Freegold Ventures LTD), Option Agreement (Freegold Ventures LTD)

Independent Activities. 14.1 13.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:

Appears in 2 contracts

Samples: www.sec.gov, Mining Property Acquisition Agreement (Potash America, Inc.)

Independent Activities. 14.1 Except as expressly provided herein, each party the Parties shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other others or inviting or allowing the other others to participate therein. No party Neither Party shall be under any fiduciary or other duty to the other which will prevent it them from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any partyof the Parties. In particular, without limiting the foregoing, no party neither of the Parties shall have any an obligation to any the other party Party as toto :

Appears in 1 contract

Samples: Platinum Group Metals LTD

Independent Activities. 14.1 9.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:

Appears in 1 contract

Samples: Option Agreement (Orko Silver Corp)

Independent Activities. 14.1 11.01 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture business arrangement or having fiduciary status shall not apply in the case of any ofany party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:.

Appears in 1 contract

Samples: Option Agreement (Ripple Lake Diamonds Inc.)

Independent Activities. 14.1 11.01 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes sometime applied to persons engaged in a joint venture business arrangement or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:.

Appears in 1 contract

Samples: Option Agreement (Ripple Lake Diamonds Inc.)

Independent Activities. 14.1 13.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any an obligation to any other party as to:

Appears in 1 contract

Samples: Property Option Agreement (Northwestern Mineral Ventures Inc.)

Independent Activities. 14.1 11.01 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with with. the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. _ No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture business arrangement or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:.

Appears in 1 contract

Samples: Option Agreement (Ripple Lake Diamonds Inc.)

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Independent Activities. 14.1 8.01 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any an obligation to any other party as to:

Appears in 1 contract

Samples: Property Option Agreement (Uranium Power Corp)

Independent Activities. 14.1 13.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:

Appears in 1 contract

Samples: Exploration and Development Agreement (Vista Gold Corp)

Independent Activities. 14.1 Except as expressly provided herein, each party all parties shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other others or inviting or allowing the other others to participate therein. No party parties shall be under any fiduciary or other duty to the other others, which will prevent it them from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any partyof the parties. In particular, without limiting the foregoing, no party none of the parties shall have any an obligation to any of the other party parties as to:

Appears in 1 contract

Samples: Siltamaki Property Agreement (Canplats Resources Corp)

Independent Activities. 14.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:

Appears in 1 contract

Samples: Mining Acquisition Agreement (Chancery Resources, Inc.)

Independent Activities. 14.1 Except as expressly provided herein, each party both parties shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other others or inviting or allowing the other others to participate therein. No Neither party shall be under any fiduciary or other duty to the other other, which will prevent it them from engaging in in, or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any partyof either of the parties. In particular, without limiting the foregoing, no party neither of the parties shall have any an obligation to any the other party as to:

Appears in 1 contract

Samples: Option Agreement (Konigsberg Corp)

Independent Activities. 14.1 11.01 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of or competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture business arrangement or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:.

Appears in 1 contract

Samples: Option Agreement (Ripple Lake Diamonds Inc.)

Independent Activities. 14.1 15.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to:

Appears in 1 contract

Samples: Mining Acquisition Agreement (Gemini Explorations, Inc.)

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