Activities of Others. No Covered Person shall be liable for the negligence, whether of omission or commission, dishonesty or bad faith of any employee, broker or other agent of the Partnership selected by any Covered Person with reasonable care.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Plymouth Opportunity REIT Inc.), Limited Partnership Agreement (Plymouth Opportunity REIT Inc.), Limited Partnership Agreement
Activities of Others. No Covered Person shall be liable to the Company or any Member, in its capacity as such, for the negligence, whether of omission action or commissionomission, dishonesty or bad faith of any employee, broker or other agent of the Partnership Company selected and retained in good faith by the Company or by any Covered Person with reasonable carePerson.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cityfunds I, LLC)
Activities of Others. No Covered Person shall be liable for the negligence, whether of omission action or commissionomission, dishonesty or bad faith of any employee, broker or other agent of the Partnership Company selected and supervised by any Covered Person with reasonable care.
Appears in 1 contract
Samples: Limited Liability Company Agreement