Obligations of Administrator Not Exclusive. The obligations of the Administrator to the other Parties are not exclusive. The Administrator may, in its discretion, render the same or similar services as rendered to the Issuer and Masterworks Cayman to any Person or Persons whose business may be in direct or indirect competition with the Issuer, including other Affiliates of the Administrator.
Obligations of Administrator Not Exclusive. The obligations of the Administrator to the other Parties are not exclusive. The Administrator may, in its discretion, render the same or similar services as rendered to the Parties to any Person or Persons whose business may be in direct or indirect competition with the Parties, including other Affiliates of the Administrator.
Obligations of Administrator Not Exclusive. The obligations of the Administrator to the Issuer are not exclusive. The Administrator may, in its discretion, render the same or similar services as rendered to the Issuer to any Person or Persons whose business may be in direct or indirect competition with the Issuer, including other Affiliates of the Administrator.
Obligations of Administrator Not Exclusive. The obligations of the Administrator to the Issuer and MW Cayman are not exclusive. The Administrator may, in its discretion, render the same or similar services as rendered to the Issuer and MW Cayman to any Person or Persons whose business may be in direct or indirect competition with the Issuer, including other Affiliates of the Administrator .
