No Exclusive Duty to the Company. Notwithstanding any provision at law or in equity, no Manager or Officer shall be required to manage the Company as its sole and exclusive function. Notwithstanding any provision at law or in equity, a Manager or Officer may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Agreement, to share or participate in other investments or activities of any Manager or Officer or to the income or proceeds derived therefrom.
No Exclusive Duty to the Company. The Members may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this Agreement, to share or participate in such other investments or activities of any Member or to the income or proceeds derived therefrom. No Member shall incur liability to the Company or to any of the other Members as a result of engaging in any other business or venture.
No Exclusive Duty to the Company. In recognition that (i) the Advisors currently have, and will in the future have or will consider acquiring, investments in numerous companies with respect to which the Advisors may serve as an advisor, a director or in some other capacity, (ii) the Advisors may have a myriad of duties to various investors and partners, (iii) the Advisors (or one or more affiliates, associated investment funds or portfolio companies) may engage in the same or similar activities or lines of business as the Company and have an interest in the same areas of corporate opportunities, (iv) the Company will derive certain benefits hereunder and (v) the Advisors, in desiring and endeavoring fully to satisfy their duties, may confront difficulties in determining the full scope of such duties in any particular situation, the provisions of this Section 5 are set forth to regulate, define and guide the conduct of certain affairs of the Company and other members of the Company Group as they may involve the Advisors.
No Exclusive Duty to the Company. In recognition that the Investors currently have, and will in the future have or will consider acquiring, investments in numerous companies with respect to which such Investor (or one or more Affiliates, associated investment funds, portfolio companies or employees) may serve as an advisor, a director or in some other capacity, and in recognition that such Investor (or one or more Affiliates, associated investment funds, portfolio companies or employees) may have a myriad of duties to various investors and partners, and in anticipation that the Company, on the one hand, and such Investor (or one or more Affiliates, associated investment funds, portfolio companies or employees), on the other hand, may engage in the same or similar activities or lines of business and have an interest in the same areas of corporate opportunities, and in recognition of the benefits to be derived by the Company hereunder and in recognition of the difficulties which may confront any Investor who desires and endeavors fully to satisfy such Investor’s duties, in determining the full scope of such duties in any particular situation, the provisions of this Section 7.1 are set forth to regulate, define and guide the conduct of certain affairs of the Company as they may involve such Investor.
No Exclusive Duty to the Company. Each of the Member(s) (i) recognizes that the Manager, each Member and each Assignee, and their respective affiliates now act, and/or will continue to or may act in the future, as general partners, managers, principals and in other fiduciary capacities with respect to persons and entities other than the Company and engage in businesses other than that engaged in by the Company and (ii) hereby consents to such activities. Neither the Manager, any Member nor any Assignee shall have any obligation to offer to the Company or any Member any investment opportunity made available to it, its partners, its stockholders, its members, its affiliates, any other entity in which it has an interest, or any stockholder, officer or director of any of its members or affiliates.
No Exclusive Duty to the Company. In recognition that (i) Evergreen currently has, and will in the future have or will consider acquiring, investments in numerous companies with respect to which Evergreen may serve as an advisor, a director or in some other capacity, (ii) Evergreen may have a myriad of duties to various investors and partners, (iii) Evergreen (or one or more affiliates, associated investment funds or portfolio companies) may engage in the same or similar activities or lines of business as the Company and have an interest in the same areas of corporate opportunities, (iv) the Company will derive certain benefits hereunder and (v) Evergreen, in desiring and endeavoring fully to satisfy its duties, may confront difficulties in determining the full scope of such duties in any particular situation, the provisions of this Section 5 are set forth to regulate, define and guide the conduct of certain affairs of the Company and other members of the Company Group as they may involve Evergreen.
No Exclusive Duty to the Company. In recognition that (i) DCH and GGC (or one or more affiliates, associated investment funds or portfolio companies) currently have, and will in the future have or will consider acquiring, investments in numerous companies with respect to which DCH or GGC may serve as an advisor, a director or in some other capacity, (ii) DCH and GGC may have a myriad of duties to various investors and partners, (iii) DCH and GGC (or one or more affiliates, associated investment funds or portfolio companies) may engage in the same or similar activities or lines of business as the Company and have an interest in the same areas of corporate opportunities, (iv) the Company will derive certain benefits hereunder and (v) DCH and GGC who desires and endeavors fully to satisfy DCH’s and GGC’s duties may confront difficulties in determining the full scope of such duties in any particular situation, the provisions of this Section 6 are set forth to regulate, define and guide the conduct of certain affairs of the Company as they may involve DCH and GGC.
No Exclusive Duty to the Company. No Member shall be required to manage the Company as a Member’s exclusive function and any Member may have other business interests and may engage in other activities in addition to those relating to the Company. Neither the Company nor any Member shall have any right, by virtue of this agreement, to share in such other investments or activities of the Members or to the income or proceeds derived therefrom. The Members shall not incur any liability to the Company or to any of the Members as a result of engaging in any other business or venture. (Signatures to Immediately Follow) SCHEDULE A LIST OF INITIAL MEMBERS To: LeadingCare Network Texas, LLC SCHEDULE B MEMBER SIGNATURE PAGE Re: Participation-Company Agreement , hereby agrees to become a party to and be bound by the terms of the above-described Agreement. The services the Member is providing to the Company include the following (i.e. Skilled Nursing, Rehab, Assisted Living, Adult Day, Hospice, etc.): _ . The Member contact person/representative shall be: . Notices to the Member shall be sent to the following email address , or the following physical address, as applicable: .
No Exclusive Duty to the Company. (a) In recognition that (i) Falconhead currently has, and will in the future have or will consider acquiring, investments in numerous entities with respect to which Falconhead may serve as an advisor, a director or in some other capacity; (ii) Falconhead may have duties to various investors, stockholders and partners; (iii) Falconhead (or one or more affiliates, associated investment funds or portfolio companies) may engage in the same or similar activities or lines of business as the Company and may have an interest in the same areas of corporate opportunities; (iv) the Company will derive certain benefits hereunder; and (v) Falconhead, in desiring and endeavoring to satisfy its duties, may confront difficulties in determining the full scope of such duties in any particular situation, the provisions of this Section 11 are set forth to regulate, define and guide the conduct of certain affairs of the Company as they may involve Falconhead.
No Exclusive Duty to the Company. 15 ARTICLE 6: CONTRIBUTIONS TO THE COMPANY AND CAPITAL ACCOUNTS................................16 6.1 GENERALLY...............................................................16
