Common use of Independent Activities Clause in Contracts

Independent Activities. The General Partner and the Limited Partner may, notwithstanding the existence of this Agreement, engage in whatever activities they choose, whether or not the same be competitive with the Partnership, without having or incurring any obligation to offer any interest in such activities to the Partnership or any party hereto, and the Limited Partner hereby waives, relinquishes, and renounces any such right or claim of participation.

Appears in 7 contracts

Samples: Agreement (Marietta Surgical Center, Inc.), Agreement (Marietta Surgical Center, Inc.), Agreement (Marietta Surgical Center, Inc.)

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Independent Activities. The Except as specifically provided herein, the General Partner and the Limited Partner may, notwithstanding the existence of this Agreement, engage in whatever activities they chooseit chooses, whether or not the same be competitive with the Partnership, without having or incurring any obligation to offer any interest in such activities to the Partnership or any party hereto, and the each Limited Partner hereby waives, relinquishes, relinquishes and renounces any such right or claim of participation.

Appears in 1 contract

Samples: Management Agreement (PHC Hospitals, LLC)

Independent Activities. The General Partner and the Limited Partner may, notwithstanding the existence of this Agreement, engage in whatever activities they choose, whether or not the same be or competitive with those of the PartnershipPartnership or otherwise, without having or incurring any obligation to offer any interest in such activities to the Partnership or any party hereto, and the Limited Partner hereby waives, relinquishes, and renounces any such right or claim of participationPartner.

Appears in 1 contract

Samples: Hadco Corp

Independent Activities. The General Partner and the each Limited Partner may, notwithstanding the existence of this Agreement, engage in whatever activities they choose, whether or not the same be or competitive with those of the PartnershipPartnership or otherwise, without having or incurring any obligation to offer any interest in such activities to the Partnership or any party hereto, and the Limited Partner hereby waives, relinquishes, and renounces any such right or claim of participationPartner.

Appears in 1 contract

Samples: Agreement (Fleetwood Homes of Florida, Inc.)

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Independent Activities. The General Partner and the Limited Partner ---------------------- may, notwithstanding the existence of this Agreement, engage in whatever activities they choose, whether or not the same be competitive with the Partnership, without having or incurring any obligation to offer any interest in such activities to the Partnership or any party heretoPartner; provided, and however, that no such action shall be competitive with the Limited Partner hereby waives, relinquishes, and renounces Partnership without the consent of the Partners. Neither the Partnership nor its Partners has by virtue of this Agreement any such right in any independent venture or claim of participationits income.

Appears in 1 contract

Samples: Agreement (Kansas City Southern Industries Inc)

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