Common use of Other Business Clause in Contracts

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, Manager, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Limited Liability Company Agreement (Nissan Master Owner Trust Receivables)

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Other Business. Notwithstanding any duty otherwise existing at law or in equity, the The Member, the Special Members and any Officer, Manager, employee or agent of the Company Member and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with othersothers notwithstanding any provision to the contrary at law or in equity. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Starwood Commercial Mortgage Depositor, LLC), Limited Liability Company Agreement (Resource Real Estate Investors 6 LP), Limited Liability Company Agreement (Credit Suisse Asset Repackaging Depositor LLC)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, ManagerDirector, employee or agent of the Company and any Affiliate of the Member or the Special Members or the Directors may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The , and the Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Huntington Auto Trust 2015-1), Limited Liability Company Agreement (Huntington Funding, LLC), Limited Liability Company Agreement (Huntington Funding, LLC)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, Manager, employee Member or agent of the Company and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with othersothers (in the case of the Special Member, other than as prohibited by the definition of Independent Director). The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (John Deere Receivables LLC), Limited Liability Company Agreement (John Deere Receivables LLC), Carvana Receivables Depositor LLC

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the The Member, the Special Members and any Officer, Manager, employee or agent of the Company Member and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with othersothers notwithstanding any provision to the contrary at law or at equity. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (QualityTech, LP), Limited Liability Company Agreement (QualityTech, LP), Limited Liability Company Agreement (NRG Energy, Inc.)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, Manager, employee or agent of the Company Member and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The , and the Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (American Express Receivables Financing Corp VIII LLC), Limited Liability Company Agreement (American Express Credit Account Master Trust), Limited Liability Company Agreement (American Express Issuance Trust)

Other Business. Notwithstanding any duty otherwise existing or anything to the contrary at law (whether common or statutory) or in equity, the Member, the Special Members and any OfficerMember, the Independent Manager, any employee or agent of the Company and any Affiliate of the Member, the Special Member or the Special Members Independent Manager may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The , and the Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Nuco2 Inc /De), Limited Liability Company Agreement (Nuco2 Inc /De), Limited Liability Company Agreement (Nuco2 Inc /De)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, ManagerDirector, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The , and the Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (WF Card Funding LLC), Limited Liability Company Agreement (WF Card Issuance Trust), Pooling and Servicing Agreement (BA Credit Card Trust)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the The Member, the Special Members and any Officer, ManagerDirector, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (United Fidelity Finance LLC), Limited Liability Company Agreement (Hartman Commercial Properties Reit), United Fidelity Auto Receivables Trust 2002-A

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, ManagerDirector, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Bridgecrest Auto Funding LLC), Limited Liability Company Agreement (Capital One Auto Receivables LLC), Limited Liability Company Agreement (Capital One Auto Receivables LLC)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, Manager, employee Member or agent of the Company and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Wholesale Auto Receivables LLC), Limited Liability Company Agreement (Capital Auto Receivables LLC)

Other Business. Notwithstanding any duty otherwise existing at law or in equityTo the extent permitted by their respective organizational documents and this Agreement, the Member, the Special Members and any Officer, Manager, employee or agent of the Company Member and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (ElderTrust Operating Limited Partnership), Limited Liability Company Agreement (ElderTrust Operating Limited Partnership)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the MemberThe Members, the Special Members and any Officer, Manager, employee or agent of the Company and any Affiliate of the Member Members or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with othersothers notwithstanding any other provisions at law or equity. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Stanwich Asset Acceptance CO LLC), Limited Liability Company Agreement (Taconic Asset Acceptance Company, L.L.C.)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, Member and the Special Members and any Officer, Manager, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Safeway Stores 42, Inc.)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, Manager, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Bank of America Auto Receivables Securitization, LLC), Limited Liability Company Agreement (Bank of America Auto Receivables Securitization, LLC)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the MemberThe Members, the Special Members and any Officer, Manager, employee or agent of the Company Member and any Affiliate of the Member Members or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with othersothers notwithstanding any other duty existing at law or in equity. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Limited Liability Company Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

Other Business. Notwithstanding any other provision of this Agreement to the contrary or any duty otherwise existing at law or in equity, the Member, the Special Members Member, each Director, each Officer and any Officer, Manager, employee or agent of the Company and any each Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company , and the Company, the Member and the Special Member shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Dryrock Issuance Trust), Limited Liability Company Agreement (Dryrock Issuance Trust)

Other Business. Notwithstanding any other duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, ManagerDirector, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The , and the Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Regions Acceptance LLC)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the a Special Members and any Officer, Manager, employee or agent of the Company Member and any Affiliate of the Member or the a Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with othersothers notwithstanding any provision to the contrary at law or in equity. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (APX Group Holdings, Inc.)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, Manager, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The others notwithstanding, and the Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Operating Agreement (CAESARS ENTERTAINMENT Corp)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the The Member, the Special Members and any Officer, Manager, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the 13 14 Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lehman Brothers Asset Securitization LLC)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the The Member, the Special Members and any Officer, Manager, employee or agent of the Company Member and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (of every kind and description and unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inland American Real Estate Trust, Inc.)

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Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members Member, the Independent Manager, and any Officer, Manager, employee or agent of the Company Officer and any Affiliate of the Member or the Special Members Member, the Independent Manager or any Officer may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (MacKenzie Realty Capital, Inc.)

Other Business. Notwithstanding any duty otherwise existing to the contrary at law or in equity, the Member, the Special Members and Member, any Officer, ManagerDirector, employee or agent of the Company and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Wachovia Mortgage Loan Trust, LLC)

Other Business. Notwithstanding any duty otherwise existing at To the extent permitted by law or in equityand subject to Section 10(i), the Member, the Special Members and any Officer, Manager, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Energy Future Holdings Corp /TX/)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, Member and the Special Members and any Officer, Manager, employee or agent of the Company Member and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The , and the Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kennedy-Wilson Properties (IL))

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the any Special Members Member and any Officer, ManagerDirector, employee or agent of the Company and any Affiliate of the Member or the any Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability (Fixed Income Client Solutions LLC)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the The Member, the Special Members and any OfficerMember, Managerthe Managers, employee or agent of the Company Officers and any Affiliate of the Member or the Special Members foregoing may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with othersothers notwithstanding any duty otherwise existing at law or at equity. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement. The foregoing rights of the Member and its Affiliates shall be subject to any restrictions thereon set forth in the Transaction Documents.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capital Trust Inc)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the The Special Members and any Officer, Manager, employee or agent of the Company and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with othersothers notwithstanding any provision to the contrary at law or at equity. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement. Neither the Member nor any Special Member nor any Manager shall have the right, power or authority to bind the Company, the Member or any partner in Member in connection with any other business or transaction which is not within the scope of the purpose of the Company as set forth herein.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Glimcher Realty Trust)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and Members, any Officer, Manager, employee or agent of the Company Company, and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The , and the Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: businesslawtoday.org

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members and any Officer, Manager, employee or agent of the Company Member and any Affiliate of the Member or the Special Members Member may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (WESTMORELAND COAL Co)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Managers, the Officers, the Special Members and any Officer, Manager, employee or agent of the Company Independent Manager and any Affiliate of the Member or the Managers or the Officers or the Special Members or the Independent Managers may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (San Juan Refining Co.)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Manager, the Special Members and any Officer, Manager, employee or agent of the Company Independent Manager and any Affiliate of the Member or the Manager or the Special Members or the Independent Managers may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NovaStar Certificates Financing LLC)

Other Business. Notwithstanding any duty otherwise existing or anything to the contrary at law (whether common or statutory) or in equity, the Member, the Special Members and Members, the Managers, the Officers, any Officer, Manager, employee or agent of the Company and any Affiliate of the Member Member, the Special Members, the Managers or the Special Members Officers may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The , and the Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mru Abs Ii LLC)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the The Member, the Special Members Members, the Directors and any Officer, Manager, employee or agent of the Company Officers and any Affiliate of the Member or the Special Members may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Curis Inc)

Other Business. Notwithstanding any duty otherwise existing at law or in equity, the Member, the Special Members Member and any Officer, Manager, employee or agent of the Company Independent Manager and any Affiliate of the Member or the Special Members Member or the Independent Managers may engage in or possess an interest in other business ventures (unconnected with the Company) of every kind and description, independently or with others, provided that the Company shall insure that no violation of Section 10(d) is thereby caused. The Company shall not have any rights in or to such independent ventures or the income or profits therefrom by virtue of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (International Paper Co /New/)

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