Other Activities and Competition. (a) Neither the Manager nor any of its Affiliates shall be required to manage the Company as its sole and exclusive function. The Manager shall devote such time to the Company’s business as the Manager, in its sole discretion, shall deem to be necessary to manage and supervise the Company’s business and affairs in an efficient manner. The Manager and its Affiliates may engage in or possess any interests in business ventures and may engage in other activities of every kind and description independently or with others in addition to those relating to the Company. Each Member authorizes, consents to and approves of such present and future activities by such Persons. Neither the Company nor any Member shall have any right by virtue of this Agreement or the relationship created hereby in or to other ventures or activities of the Manager or its Affiliates or to the income or proceeds derived therefrom.
Other Activities and Competition. (a) The General Partner and the members, officers and employees thereof shall devote such time and effort to the activities of the Partnership as the General Partner deems necessary or appropriate to manage responsibly the affairs of the Partnership.
Other Activities and Competition. No director shall be required to manage the Company as such director's sole and exclusive function and any Member may have other business interests and may engage in other activities in addition to those relating to the Company.
Other Activities and Competition. (a) The Investment Manager agrees that it shall devote such business and professional time to the Company and its purposes and objectives as shall be reasonably necessary in the opinion of the Investment Manager to achieve the objectives of the Company.
Other Activities and Competition. The members of the Board of Directors shall not be required to manage Station as their sole and exclusive function. The members of the Board of Directors may engage in or possess any interests in business ventures and may engage in other activities of every kind and description independently or with others in addition to those relating to Station except to the extent expressly provided otherwise in agreements between or among the parties hereto or their Affiliates. Each Stockholder authorizes, consents to and approves of such present and future activities by such Persons. Neither Station nor any Station Stockholder shall have any right by virtue of this Agreement or the relationship created hereby in or to other ventures or activities of the members of the Board of Directors or to the income or proceeds derived therefrom except to the extent expressly provided otherwise in agreements between or among the parties hereto or their Affiliates.
Other Activities and Competition. (a) Except to the extent otherwise agreed between FGM and the Company in writing, FGM, its members (including any natural persons) and any of its Affiliates, agents, representatives or employees may engage in or possess an interest in other investments, business ventures or entities of any nature or description, independently or with others, similar or dissimilar to, or that compete with, the business of the Company or the Subsidiaries, and may provide advice and other assistance to any such investment, business venture or entity, and the Company shall have no rights by virtue of this Agreement in and to such investments, business ventures or entities or the income or profits derived therefrom, and the pursuit of any such investment or venture, even if competitive with the business of the Company or the Subsidiaries, shall not be deemed wrongful or improper. None of FGM, its members or any of its Affiliates, agents, representatives or employees shall be obligated to present any particular investment or business opportunity to the Company even if such opportunity is of a character that, if presented to the Company, could be taken by the Company or its Subsidiaries, and FGM, its members or any of its Affiliates, agents, representatives or employees shall have the right to take for its own account (individually or as a partner or fiduciary) or to recommend to others any such particular investment or business opportunity. While information and recommendations supplied to the Company and the Subsidiaries shall, in FGM’s reasonable and good faith judgment, be appropriate under the circumstances and in light of the policies of the Company and the Subsidiaries, such information and recommendations may be different in certain material respects from the information and recommendations supplied by FGM or any Affiliate of FGM to others.
Other Activities and Competition. The Manager shall not be required to manage the Company as its sole and exclusive function and any Member may have other business interests and may engage in other activities in addition to those relating to the Company, including the rendering of advice or services of any kind to Affiliates, other investors and the making or management of other investments. Neither the Company nor any Member shall have any right, by virtue of this Agreement or the relationship created hereby, in or to such other ventures or activities or to the income or proceeds derived therefrom.
Other Activities and Competition. Other Investments by the Manager and its Affiliates 11 Section 8.5. Liability 11 Section 8.6 Indemnification 11 Section 8.7. Removal of Manager 13 Section 8.8. Tax Matters Member 13 ARTICLE IX - TRANSFERS OF INTERESTS BY MEMBERS 13
Other Activities and Competition. (a) Neither the General Partner, Xxxxxxxx nor any of their respective Affiliates shall be required to manage the Partnership as its sole and exclusive function. Prior to the end of the Investment Period, the General Partner shall, and shall cause Xxxxxxxx for so long as he is associated with the General Partner, the Management Company or any of their Affiliates to, devote substantially all of their business time and attention to the Partnership, Parallel Funds and Other Fundamental Funds permitted to be established pursuant to this Section 8.5 (and co-investment vehicles organized in connection with investments made by such entities). Notwithstanding the foregoing and in addition to the exceptions contained in the proviso to the immediately preceding sentence, Xxxxxxxx shall be permitted to
Other Activities and Competition. Additional Investments by the General Partner and Affiliates. The General Partner shall devote such time to the Partnership as is reasonably necessary to carry out its duties as General Partner. The General Partner shall not be required to manage the Partnership as its sole and exclusive function. The General Partner, its affiliates and agents, officers, directors, partners and employees of the General Partner and their affiliates may enter into transactions with the Partnership and may engage in or possess any interests in business ventures and may engage in other activities of every kind and description independently or with others in addition to those relating to the Partnership. The Limited Partners authorize, consent to and approve such present and future activities by such Persons, whether or not such activities may conflict with any interest of the Partnership or any of the Partners or be competitive with the business of the Partnership or represent an opportunity that the Partnership might wish to engage in. Without limiting the generality of the foregoing, the General Partner shall not have any obligation or responsibility to disclose or refer any such investments or other activities to the Partnership or any Partner. Neither the Partnership nor any Partner shall have any right by virtue of this Agreement or the partnership relationship created hereby in or to other ventures or activities of the General Partners or their affiliates or to the income or proceeds derived therefrom.
