Common use of Devotion of Time Clause in Contracts

Devotion of Time. A Manager shall devote such time to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 8 contracts

Samples: Operating Agreement (Affinity Gaming), Operating Agreement (Affinity Gaming), Operating Agreement (Affinity Gaming)

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Devotion of Time. A Manager shall devote such time to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall The Managers are not be obligated to devote his all of their time or her full time business efforts to the affairs of the Company. The Managers shall devote whatever time, effort, and skill as they deem appropriate for the operation of the Company.

Appears in 4 contracts

Samples: Index Operating Agreement, Operating Agreement (ARAMARK FHC Kansas, Inc.), Limited Liability Company Agreement (Akorn Inc)

Devotion of Time. A The Manager shall devote such time to the affairs of the Company and as it deems necessary for the proper performance of its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Companyduties.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (PLM Equipment Growth & Income Fund Vii), Limited Liability Company Agreement (PLM Equipment Growth Fund V), Limited Liability Company Agreement (PLM Equipment Growth Fund V)

Devotion of Time. A The Manager is not obligated to devote one hundred percent (100%) of the time or business efforts to the affairs of the Company. The Manager shall devote such time to whatever time, effort and skill as they deem appropriate for the Company and its business as is reasonably necessary in the reasonable discretion operation of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 3 contracts

Samples: Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC), Operating Agreement (Chosen, LLC)

Devotion of Time. A The Manager is not obligated to devote all of its ---------------- time or business efforts to the affairs of the Company. The Manager shall devote such time to whatever time, effort, and skill as it reasonably deems appropriate for the Company and its business as is reasonably necessary in the reasonable discretion operation of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp)

Devotion of Time. A The Manager shall devote such time and attention to the Company and its business as is shall be appropriate to manage and supervise the Company business properly and efficiently, and shall take all such actions as, in its reasonable judgment, shall be reasonably necessary in appropriate for the reasonable discretion proper management and supervision of such Manager the business of the Company and to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Companyobligations under this Agreement.

Appears in 2 contracts

Samples: Contribution Agreement (Plum Creek Timber Co Inc), Limited Liability Company Agreement (Plum Creek Timber Co Inc)

Devotion of Time. A The Manager shall is not obligated to devote such all of the Manager’s time or business efforts to the affairs of the Company and its business shall only devote whatever time and effort as is the Manager reasonably necessary in deems appropriate for the reasonable discretion operation of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 2 contracts

Samples: www.sec.gov, Limited Liability Company Operating Agreement (Netsuite Inc)

Devotion of Time. A The Manager is not obligated to devote all of its time or business efforts to the business and affairs of the Company or any Series. The Manager shall devote such time whatever time, effort, and skill as it deems appropriate to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to manage the Company’s or any Series’ business and affairs.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Freeport Holdings Series LLC), Operating Agreement

Devotion of Time. A The Manager is not obligated to devote all of its time or business efforts to the affairs of the Company. The Manager shall devote such time to whatever time, effort, and skill as it reasonably deems necessary for the Company and its business as is reasonably necessary in the reasonable discretion operation of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Helix Biomedix Inc)

Devotion of Time. A The Manager shall devote such time to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his all of its time or her full time business efforts to the affairs of the Company. The Manager shall devote whatever time, effort, and skill as it deems appropriate for the operation of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Golden Pacific Homes, LLC), Limited Liability Company Agreement (Golden Pacific Homes, LLC)

Devotion of Time. A The Manager is not obligated to devote all of its time or business efforts to the affairs of the Company. The Manager shall devote such time to whatever time, effort, and skill as it deems appropriate for the Company and its business as is reasonably necessary in the reasonable discretion operation of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 2 contracts

Samples: Operating Agreement (Panera Bread Co), Limited Liability Company Agreement (Sizzler International Inc)

Devotion of Time. A The Manager shall will devote such of its time in connection with the investment management services to be provided hereunder as the Sole Member of the Company and its business as is the Manager reasonably deem necessary in and appropriate, commensurate with the reasonable discretion level of such Manager activity of the Company from time to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Companytime.

Appears in 1 contract

Samples: Management Agreement (New York Mortgage Trust Inc)

Devotion of Time. A The Manager and each Member shall devote such so much of its business time to the affairs of the Company and its business as is may be reasonably necessary in for the reasonable discretion proper conduct of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike mannerthe business of the Company, but hesubject to this requirement, she or it shall not be obligated required to devote his or her its full business time efforts to the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (American Realty Capital Healthcare Trust Inc)

Devotion of Time. A The Manager is not obligated to devote all of his time or business efforts to the affairs of the Company; provided, however, that any Manager that is also an officer of the Company shall devote all of such Manager's time and business efforts to the affairs of the Company. The Manager shall devote such time to whatever time, effort, and skill as he deems appropriate for the Company and its business as is reasonably necessary in the reasonable discretion operation of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 1 contract

Samples: Operating Agreement (Global Resource CORP)

Devotion of Time. A Except if the Manager is an employee of the Company, the Manager is not obligated to devote all of the Manager’s time or business efforts to the affairs of the Company. The Manager shall devote such time to whatever time, effort, and skill as the Company and its business as is reasonably necessary in Manager deems appropriate for the reasonable discretion operation of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TNP Strategic Retail Trust, Inc.)

Devotion of Time. A The Manager shall devote such time to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his all of its time or her full time business efforts to the affairs of the Company. The Manager, directly or through its Affiliates, shall devote such time, effort, and skill as is customary for the operation of the Company and its business so that the Restaurant is operated in compliance with the Lease.

Appears in 1 contract

Samples: Operating Agreement (American Vantage Companies)

Devotion of Time. A The Manager is not obligated to devote all of its time or business efforts to the affairs of the Company. The Manager shall devote such time to the business and affairs of the Company such time, effort and its business skill as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Companydeems appropriate.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Innovaro, Inc.)

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Devotion of Time. A Each Manager shall devote such time to the business and affairs of the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its the Manager’s duties hereunder set forth in this Agreement and shall be reasonably available on an efficient as-needed and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to non-exclusive basis for providing overall supervision of the Company’s business.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kensington Capital Acquisition Corp.)

Devotion of Time. A The Manager is not obligated to devote all of its time or business efforts to the business and affairs of the Company or any Series. The Manager shall devote such time whatever time, effort, and skill as it deems appropriate to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to manage the Company's or any Series' business and affairs.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Devotion of Time. A The Manager is not obligated to devote all of its time or business efforts to the affairs of the Company. The Manager shall devote such time to whatever time, effort, and skill as the Company and its business as is reasonably necessary in Manager deems appropriate for the reasonable discretion operation of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Javo Beverage Co Inc)

Devotion of Time. A The Manager is not obligated to devote all of its time or business efforts to the business and affairs of the Company. The Manager shall devote such time whatever time, effort, and skill as it deems appropriate to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to manage the Company's business and affairs.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Devotion of Time. A Manager shall devote such time to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full any particular amount of time efforts to the business and affairs of the Company, but shall devote such time and effort as may be appropriate for the oversight of the business and the affairs of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Packard Bioscience Co)

Devotion of Time. A The Manager shall devote such time to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated expected to devote his its entire time or her full time efforts attention to the Company's business, but only such time and effort as is required for the sound and proper management of the Company.

Appears in 1 contract

Samples: Operating Agreement (Sterling House Corp)

Devotion of Time. A The Manager shall devote such whatever time to or effort as he or she deems appropriate for the Company and its business as is reasonably necessary in the reasonable discretion furtherance of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company’s business.

Appears in 1 contract

Samples: Operating Agreement

Devotion of Time. A Manager shall devote such time to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to diligently carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company.

Appears in 1 contract

Samples: Operating Agreement (Sterling Construction Co Inc)

Devotion of Time. A The Manager is not obligated to devote all of its time or business efforts to the affairs of the Company. The Manager shall devote such time to whatever time, effort and skill as it deems appropriate, in its sole discretion, for the Company and its business as is reasonably necessary in the reasonable discretion operation of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to the Company; provided, however, that in no event will this Section 13.01 excuse the Manager from performing its express obligations under this Agreement.

Appears in 1 contract

Samples: Operating Agreement

Devotion of Time. A The Manager shall devote such time to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his all of its time or her full time business efforts to the affairs of the Company or any Membership Class thereof. The Manager shall devote whatever time, effort, and skill it deems appropriate for the operation of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Devotion of Time. A The Manager is not obligated to devote all of its time or business efforts to the business and affairs of the Company. The Manager shall devote such time whatever time, effort, and skill as it reasonably deems appropriate to the Company and its business as is reasonably necessary in the reasonable discretion of such Manager to carry out his, her or its duties hereunder in an efficient and businesslike manner, but he, she or it shall not be obligated to devote his or her full time efforts to manage the Company’s business and affairs.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ipr LLC)

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