Duties and Liabilities of Covered Persons. To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Member to replace such other duties and liabilities of such Covered Person.
Appears in 6 contracts
Samples: Operating Agreement (Trestle Transport, Inc.), Limited Liability Company Agreement (Trestle Transport, Inc.), Limited Liability Company Agreement (Trestle Transport, Inc.)
Duties and Liabilities of Covered Persons. To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they expand or restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Member parties hereto to replace such other duties and liabilities of such Covered Person.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Marathon Oil Corp), Limited Liability Company Agreement (Marathon Oil Corp), Limited Liability Company Agreement (Ashland Inc)
Duties and Liabilities of Covered Persons. To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC Company or to any other Covered Person for his, her or its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equityincluding, are agreed by the Member to replace such other duties and liabilities of such Covered Personbut not limited to, Section 7.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Alaska Merger Acquisition Corp.), Limited Liability Company Agreement (Spectrum Brands Pet Group Inc.), Limited Liability Company Agreement (Spectrum Brands Pet Group Inc.)
Duties and Liabilities of Covered Persons. To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a the Covered Person otherwise existing at law or in equity, are agreed by the Member parties hereto to replace such other duties and liabilities of such Covered Person.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement (Rhythm Holding Company, LLC), Operating Agreement (Rhythm Holding Company, LLC)
Duties and Liabilities of Covered Persons. To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Member Parties hereto to replace such other duties and liabilities of such Covered Person.
Appears in 2 contracts
Samples: Option Agreement (Grown Rogue International Inc.), Option Agreement (Grown Rogue International Inc.)
Duties and Liabilities of Covered Persons. To the extent that, at law or in equity, a any Covered Person has duties (including fiduciary duties) and liabilities relating related thereto to the LLC Partnership or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC Partnership or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Member Partners to replace such other duties and liabilities of such Covered Person.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Time Warner Cable Inc.), Limited Partnership Agreement (Time Warner Cable Inc.)
Duties and Liabilities of Covered Persons. To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC Partnership or to any other Covered Person, a Covered Person acting under this Agreement shall will not be liable to the LLC Partnership or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Member to replace such other duties and liabilities of such Covered Person.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Make a Difference Ventures II Limited Partnership), Limited Partnership Agreement (Make a Difference Ventures II Limited Partnership)
Duties and Liabilities of Covered Persons. 1) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC Company or to any other Covered Person for its his or her good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Member to replace such other duties and liabilities of such Covered Person.
2) Unless otherwise expressly provided herein, (a) whenever a conflict of interest exists or arises between Covered Persons, or
Appears in 1 contract
Duties and Liabilities of Covered Persons. To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Member parties hereto to replace such other duties and liabilities of such Covered Person.
Appears in 1 contract
Duties and Liabilities of Covered Persons. To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Member to replace such other duties and liabilities of such Covered Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Clean Energy Fuels Corp.)
Duties and Liabilities of Covered Persons. To the extent that, at law Jaw or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the LLC or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the LLC or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Member to replace such other duties and liabilities of such Covered Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Trestle Transport, Inc.)
