Diligence, Care and Prudence. Each Party shall use such diligence, care and prudence in the performance of its duties, including each Party’s respective services set forth in Article II and Article III hereof and shall devote such time, effort and skills, and shall cause its employees and the employees of its subsidiaries to devote such time effort and skills, as an ordinary professional in like position would do in like circumstances, with like executive responsibilities and fiduciary duties in the case of those employees that serve as executive officers of PEG Inc. who also serve as executive officers of either PEG 1 or PEG 2 (or both), but subject to and in accordance with the provisions of this Agreement.
Appears in 3 contracts
Samples: Multilateral Management Services Agreement, Multilateral Management Services Agreement (Pattern Energy Group Inc.), Multilateral Management Services Agreement (Pattern Energy Group Inc.)
Diligence, Care and Prudence. Each Party shall use such diligence, care and prudence in the performance of its duties, including each Party’s respective services set forth in Article II and Article III hereof and shall devote such time, effort and skills, and shall cause its employees and the employees of its subsidiaries to devote such time effort and skills, as an ordinary professional in like position would do in like circumstances, with like executive responsibilities and fiduciary duties in the case of those employees that serve as executive officers of both PEG Inc. who also serve as executive officers of either LP and PEG 1 or PEG 2 (or both)Inc., but subject to and in accordance with the provisions of this Agreement.
Appears in 3 contracts
Samples: Bilateral Management Services Agreement, Bilateral Management Services Agreement (Pattern Energy Group Inc.), Bilateral Management Services Agreement (Pattern Energy Group Inc.)
