Other Activities. Except as limited by the Statutes, the Member may engage in other business ventures of any nature, including, without limitation by specification, the ownership of another business similar to that operated by the Company. The Company shall not have any right or interest in any such independent ventures or to the income and profits derived therefrom.
Appears in 219 contracts
Samples: Single Member Operating Agreement, An Alaska Limited Liability Company, Sole Member Operating Agreement
Other Activities. Except as limited by the Statutes, the Member may engage in other business ventures of any nature, including, without limitation by specification, the ownership of another business similar to that operated by the Company. The Company shall not have any right or interest in any such independent ventures or to in the income and profits derived therefrom.
Appears in 3 contracts
Samples: Single Member Operating Agreement, Single Member Operating Agreement, Single Member Operating Agreement
Other Activities. Except as limited by the Statutes, the The sole Member may engage in other business ventures of any every nature, including, without limitation by specification, the ownership of another business similar to that operated by the Company. The Company shall not have any right or interest in any such independent ventures or to the income and profits derived therefrom.
Appears in 1 contract
Samples: Operating Agreement
Other Activities. Except as limited by the Statutes, the Member may engage in other business ventures of any nature, including, without limitation by specification, the ownership of another business similar to that operated by the Company. The Company shall not have any right or interest in any such independent ventures or to the income and profits derived therefrom.. Management
Appears in 1 contract
Samples: Sole Member Operating Agreement
Other Activities. Except as limited by the Statutes, the Member may engage in other business ventures of any nature, including, without limitation by specification, the ownership of another business similar to that operated by the Company. The Company shall not have any right or interest in any such independent ventures or to in the income and profits derived therefrom. 10.
Appears in 1 contract
Samples: Operating Agreement