Common use of Investment Opportunities and Conflicts of Interest Clause in Contracts

Investment Opportunities and Conflicts of Interest. (a) The Public Offering Entity and its Affiliates (other than any Group Company) and each of their respective stockholders, directors, officers, controlling Persons, partners, members and employees (each, an “Investor”) may have business interests and engage in business activities in addition to those relating to any Group Company. Neither the Company nor any Member or Unitholder shall have any rights by virtue of this Agreement in any business ventures of any such Investor and the involvement by any Investor in such business ventures shall not constitute a conflict of interest by such Persons with respect to any Group Company or Unitholder.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (loanDepot, Inc.), Limited Liability Company Agreement (loanDepot, Inc.)

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Investment Opportunities and Conflicts of Interest. (a) The Public Offering Entity and its respective Affiliates (other than any Group Company) and each of their respective stockholders, directors, officers, controlling Persons, partners, members and employees (each, an a Financial Investor”) may have business interests and engage in business activities in addition to those relating to any Group Companythe Company and its Subsidiaries. Neither the Company nor any Member or Unitholder shall have any rights by virtue of this Agreement in any business ventures of any such Financial Investor and the involvement by any Financial Investor in such business ventures shall not constitute a conflict of interest by such Persons with respect to the Company, its Unitholders or any Group Company or Unitholderof its Subsidiaries.

Appears in 1 contract

Samples: Limited Liability Company Agreement (loanDepot, Inc.)

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Investment Opportunities and Conflicts of Interest. (a) The Public Offering Entity Investors and its their respective Affiliates (other than any Group Company) and each of their respective stockholders, directors, officers, controlling Persons, partners, members and employees (each, an a Financial Investor”) may have business interests and engage in business activities in addition to those relating to any Group Companythe Company and its Subsidiaries. Neither the Company nor any Member or Unitholder shall have any rights by virtue of this Agreement in any business ventures of any such Financial Investor and the involvement by any Financial Investor in such business ventures shall not constitute a conflict of interest by such Persons with respect to the Company, its Unitholders or any Group Company or Unitholderof its Subsidiaries.

Appears in 1 contract

Samples: Limited Liability Company Agreement (loanDepot, Inc.)

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