Common use of Other Businesses of Partners Clause in Contracts

Other Businesses of Partners. Neither the Partnership nor any Partner or Investor shall have any rights or obligations, by virtue of this Agreement, in or to any independent ventures of any nature or description, or the income or profits derived therefrom, in which a Partner or Investor may engage, including, without limitation, the ownership, operation, management, syndication and development of other real estate projects.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Realty Parking Properties Lp), Limited Partnership Agreement (Realty Parking Properties Lp), Agreement (Realty Parking Properties Ii Lp)

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Other Businesses of Partners. Neither the Partnership nor any Partner or Investor Unitholder shall have any rights or obligations, by virtue of this Agreement, in or to any independent ventures of any nature or description, or the income or profits derived therefrom, in which a Partner or Investor Unitholder may engage, including, without limitation, the ownership, operation, management, syndication and development of other real estate projects, even if in competition with the Properties.

Appears in 3 contracts

Samples: Brown Benchmark Properties Limited Partnership, Brown Benchmark Properties Limited Partnership, Brown Benchmark Properties Limited Partnership

Other Businesses of Partners. Neither the Partnership nor any Partner or Investor shall have any rights or obligations, by virtue of this Agreement, in or to any independent ventures of any nature or description, or the income or profits derived therefrom, in which a Partner or Investor may engage, including, without limitation, the ownership, operation, management, syndication and development of other real estate projects, even if in competition with the Properties.

Appears in 2 contracts

Samples: Brown Flournoy Equity Income Fund LTD Partnership, Brown Flournoy Equity Income Fund LTD Partnership

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Other Businesses of Partners. Neither the Partnership Fund nor any Partner or Investor shall have any rights or obligations, by virtue of this Agreement, in or to any independent ventures of any nature or description, or the income or profits derived therefrom, in which a Partner or Investor may engage, including, without limitation, the ownership, operation, management, syndication and development of other real estate projects, even if in competition with the Facilities.

Appears in 1 contract

Samples: Limited Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership)

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