Common use of Conflicts of Interest; Other Activities Clause in Contracts

Conflicts of Interest; Other Activities. The Manager and its Affiliates and may deal with, perform other services for and sell goods or services to the Company without limitation; provided, however, that any compensation for such services or goods shall be limited to amounts and rates customary in the industry, as further set forth in Sections 12.3(d) and 12.8 hereof. The Manager, the Vice Manager, the Members, the Board or Governors and their Affiliates may, during the term of the Agreement, engage in and possess an interest, for their own account, in other business ventures of every nature and description, independently or with others including, but not limited to, the ownership, financing, leasing, operation and management of real estate activities; and neither the Company nor any Member, by virtue of the Agreement shall have any right in and to such independent venture or any income or profit derived therefrom.