Outside Interests. The Member, each of the Managers and each of the Member's and the Managers' officers, partners, employees, agents, successors and assigns may engage, invest and participate in, and otherwise enter into, other business ventures of any kind, nature or description, individually or with others, whether or not any such business venture competes with the business of the Company, and the Company shall not have any right in or to any such activities, or the income or profits derived therefrom.
Appears in 6 contracts
Samples: Operating Agreement (LNT Leasing II, LLC), Operating Agreement (LNT Leasing II, LLC), Operating Agreement (LNT Leasing II, LLC)
Outside Interests. The MemberMembers, each of the Managers and each of the Member's and the Managers' officers, partners, employees, agents, successors and assigns may engage, invest and participate inManager, and otherwise enter into, any Affiliates of any of them may engage in and possess interests in other business ventures and investment opportunities of any kind, nature or every kind and description, individually independently or with others, whether or not any including without limitation serving as manager and general partner of other limited liability companies and partnerships; provided, however, that, if applicable, no such other business venture competes with or investment opportunity shall be in violation of any non-competition, confidential information and work product agreement executed by and between the business of LLC and any Member or Manager. Neither the Company, and the Company LLC nor any other Member or any Manager shall not have any right rights in or to any such activities, ventures or opportunities or the income or profits derived therefrom.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (China Rapid Finance LTD), Limited Liability Company Agreement (China Rapid Finance LTD)