Common use of Other Business of the Parties to this Agreement Clause in Contracts

Other Business of the Parties to this Agreement. The parties to this Agreement and their respective Affiliates may have interests in businesses other than the Joint Venture business. The Joint Venture shall not have the right to the income or proceeds derived from such other business interests and, even if they are competitive with the Partnership business, such business interests shall not be deemed wrongful or improper.

Appears in 10 contracts

Samples: Joint Venture Agreement, Joint Venture Contract (Avra Inc.), Joint Venture Agreement (Green Technology Solutions, Inc.)

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Other Business of the Parties to this Agreement. The parties to this Agreement and their respective Affiliates may have interests in businesses other than the Joint Venture business. The Joint Venture shall not have the right to the income or proceeds derived from such other business interests and, even if they are competitive with the Partnership Joint Venture business, such business interests shall not be deemed wrongful or improper.

Appears in 2 contracts

Samples: Joint Venture Contract (International Spirits & Beverage Group, Inc.), Joint Venture Agreement (AsherXino Corp)

Other Business of the Parties to this Agreement. The parties to this Agreement and their respective Affiliates may have interests in businesses other than the Joint Venture business. The Joint Venture shall not have the right to the income or proceeds derived from such other business interests and, even if they are competitive with the Partnership Joint Venture business, unless such business interests shall not be deemed wrongful or improperin the Philippines.

Appears in 1 contract

Samples: Joint Venture Agreement (Homeland Security Network, Inc.)

Other Business of the Parties to this Agreement. The parties to this Agreement and their respective Affiliates may have interests in businesses business other than the Joint Venture business. The Joint Venture shall not have the right to the income or proceeds derived from such other business interests and, even if they are competitive with the Partnership business, such business interests shall not be deemed wrongful or improper.

Appears in 1 contract

Samples: Joint Venture Agreement (Green Technology Solutions, Inc.)

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Other Business of the Parties to this Agreement. The parties to this Agreement and their respective respected Affiliates may have interests in businesses business other than the Joint Venture business. The Joint Venture shall not have the right to the income or proceeds derived from such other business interests and, even if they are competitive with the Partnership business, such business interests shall not be deemed wrongful or improper.

Appears in 1 contract

Samples: Master Joint Venture Agreement (Captains Management Corp)

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