Common use of Ownership or Conduct of Other Business Clause in Contracts

Ownership or Conduct of Other Business. Subject to the provisions of Sections 8.8 and 10.4, the Partners may engage in or possess an interest in other business ventures of every kind and description. Neither the Partnership nor any Partner shall have any rights by virtue of this Agreement in such independent business ventures or the income or profits therefrom.

Appears in 3 contracts

Samples: Agreement (Sand Creek Communications Co), Agreement (Sand Creek Communications Co), Agreement (Sand Creek Communications Co)

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Ownership or Conduct of Other Business. Subject to the provisions of Sections 8.8 8.7 and 10.410.3, the Partners may engage in or possess an interest in other business ventures of every kind and description. Neither the Partnership nor any Partner shall have any rights by virtue of this Agreement in such independent business ventures or to the income or profits therefromthere from.

Appears in 1 contract

Samples: Partnership Agreement

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