Time Devoted to Company; Other Ventures. The General Partner shall devote so much of its time to the business of the Company as, in its judgment, the conduct of the Company’s business reasonably requires. The General Partner may engage in business ventures and activities of any nature and description independently or with others, whether or not in competition with the business of the Company, and neither the Company nor any of the other Partners shall have any rights in and to such independent ventures and activities or the income or profits derived therefrom by reason of the acquisition of Units.
Appears in 3 contracts
Sources: Limited Partnership Agreement, Master Agreement, Limited Partnership Agreement