Limitations on All Members Clause Samples
The 'Limitations on All Members' clause sets boundaries or restrictions that apply equally to every member involved in an agreement or organization. Typically, this clause outlines specific actions that all members are prohibited from taking, such as engaging in competing businesses, disclosing confidential information, or exceeding certain financial commitments. By establishing uniform rules, the clause ensures fairness and consistency among members, helping to prevent disputes and protect the collective interests of the group.
Limitations on All Members. Each Member acknowledges and agrees that no foreign government will hold a Substantial Interest in it or its Affiliates from the date hereof until the dissolution of the Fund pursuant to Article IX.