Common use of DUTIES OF THE GENERAL PARTNER AND CERTAIN OTHER PERSONS Clause in Contracts

DUTIES OF THE GENERAL PARTNER AND CERTAIN OTHER PERSONS. To the extent that an Indemnified Party shall have fiduciary duties and liabilities, arising at law or in equity, relating to the Partnership or the Partners, such Indemnified Party shall not be liable to the Partnership or to any Partner for any action taken or omitted in good faith reliance on the provisions of this Agreement. The Partners hereby agree that the provisions of this Agreement, to the extent that they restrict the fiduciary duties and related liabilities of an Indemnified Party otherwise existing at law or in equity, replace such other duties and liabilities of such Indemnified Party. ARTICLE SIX

DUTIES OF THE GENERAL PARTNER AND CERTAIN OTHER PERSONS. To the extent that an Indemnified Party shall have fiduciary duties and liabilities, arising at law or in equity, relating to the Partnership or the Partners, such Indemnified Party shall not be liable to the Partnership or to any Partner for any action taken or omitted in good faith reliance on the provisions of this Agreement. The Partners hereby agree that the provisions of this Agreement, to the extent that they restrict the fiduciary duties and related liabilities of an Indemnified Party otherwise existing at law or in equity, replace such other duties and liabilities of such Indemnified Party. ARTICLE SIX.