Common use of Duties of Officers Clause in Contracts

Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General Corporation Law of the State of New York.

Appears in 4 contracts

Samples: Operating Agreement (Acadia Realty Trust), Operating Agreement (Acadia Realty Trust), Operating Agreement (Acadia Realty Trust)

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Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General Corporation Law of the State of New YorkDGCL.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Entergy Louisiana, LLC), Limited Liability Company Agreement (Entergy Louisiana, LLC), Limited Liability Company Operating Agreement (Delphi Trade Management, LLC)

Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General New Jersey Business Corporation Law of the State of New YorkAct.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Pseg Energy Holdings LLC), Limited Liability Company Agreement (Pseg Energy Holdings LLC)

Duties of Officers. Except to the extent otherwise provided herein, each Officer Each officer shall have a fiduciary duty duties of loyalty and care similar analogous to that of directors and officers of business corporations organized under the General Corporation Law of the State of New York.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bitzumi, Inc.)

Duties of Officers. Except to the extent otherwise provided herein, each Officer officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General Corporation Law of the State of New YorkLaw.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CIT Group Funding CO of Canada)

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Duties of Officers. Except to the extent otherwise provided herein, each Officer officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General Corporation Law of the State of New YorkIllinois.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pacific Export Resources, LLC)

Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General Corporation Law general corporation law of the State Commonwealth of New YorkMassachusetts.

Appears in 1 contract

Samples: Operating Agreement (Hot Springs Cottages Owner, LLC)

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