Separate Businesses. Partners may engage in any other business, investment or profession, including the investment and the ownership, financing, development, operation and management of real property, and neither the Joint Venture nor any other Partner shall have any rights in and to any said business, profession or investment or the income or the profits derived therefrom by reason of this Agreement.
Appears in 3 contracts
Sources: Joint Venture Agreement (CNL Hospitality Properties Inc), Joint Venture Agreement (CNL Health Care Properties Inc), Joint Venture Agreement (CNL American Properties Fund Inc)