Good Faith Actions. Neither the Member nor any of its officers, directors, shareholders, officers, constituent partners, managers, members, trustees, representatives, agents or employees, shall be liable to the Company or to any other Member for any action taken (or any failure to act) by it in good faith on behalf of the Company and reasonably believed by it to be authorized or within the scope of its authority, except to the extent required by nonwaivable provisions of applicable law.
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Samples: Company Agreement (A.W. Realty Company, LLC), Company Agreement (A.W. Realty Company, LLC), Company Agreement (A.W. Realty Company, LLC)
Good Faith Actions. Neither No member or the Member nor Manager, or any of its their officers, directors, shareholders, officers, officers constituent partners, managersManager, members, trustees, representatives, agents or employees, shall be liable to the Company or to any of the other Member Members for any action taken (or any failure to act) by it in good faith on behalf of the Company and reasonably believed by it to be authorized or within the scope of its authority, except unless that action (or the failure to act) constitutes fraud, gross negligence, bad faith or willful misconduct, and then only to the extent required otherwise provided by nonwaivable provisions of applicable law.
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Samples: Company Agreement (Basic ESA, Inc.)
Good Faith Actions. Neither the Member nor No Member, or any of its officers, directors, shareholders, officers, constituent partners, managers, members, trustees, representatives, agents or employees, shall be liable to the Company or to any of the other Member Members for any action taken (or any failure to act) by it in good faith on behalf of the Company and reasonably believed by it to be authorized or within the scope of its authority, except unless that action (or the failure to act) constitutes fraud, gross negligence, bad faith or willful misconduct, and then only to the extent required otherwise provided by nonwaivable provisions of applicable law.
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Good Faith Actions. Neither No Member or the Member nor Manager, or any of its their officers, directors, shareholders, officers, constituent partners, managersManager, members, trustees, representatives, agents or employees, shall be liable to the Company or to any of the other Member Members for any action taken (or any failure to act) by it in good faith on behalf of the Company and reasonably believed by it to be authorized or within the scope of its authority, except unless that action (or the failure to act) constitutes fraud, gross negligence, bad faith or willful misconduct, and then only to the extent required otherwise provided by nonwaivable provisions of applicable law.
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Good Faith Actions. Neither No Member or the Member nor Manager, or any of its officers, directors, shareholders, officers, constituent partners, managers, members, trustees, representatives, agents or employees, shall be liable to the Company or to any of the other Member Members for any action taken (or any failure to act) by it in good faith on behalf of the Company and reasonably believed by it to be authorized or within the scope of its authority, except unless that action (or failure to act) constitutes fraud, gross negligence, bad faith or willful misconduct, and then only to the extent required otherwise provided by nonwaivable provisions of applicable law.
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