Outside Business. Except as provided in the Charter, any Member or Affiliate thereof may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company, and the Company and the Members shall have no, right by virtue of this Agreement in and to such independent venture or the profits derived therefrom, and the pursuit of any such venture shall not be deemed wrongful or improper.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Alcoa Corp), Limited Liability Company Agreement
Outside Business. Except as provided in the Charter, any Any Member or Affiliate thereof may engage in or possess an interest in other business ventures of any nature or description, description independently or with others, similar or dissimilar to the business of the Company, and the Company and the Members shall have no, right no rights by virtue of this Agreement in and to such independent venture or the profits derived therefrom, and the pursuit of any such venture shall not be deemed wrongful or improper.to
Appears in 1 contract
Samples: Limited Liability Company Agreement (Times Mirror Co /New/)
Outside Business. Except as provided in the Charter, any Member or Affiliate thereof may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the business of the Company, and the Company and the Members shall have no, no right by virtue of this Agreement in and to such independent venture or the profits derived therefrom, and the pursuit of any such venture shall not be deemed wrongful or improper.
Appears in 1 contract
