Common use of Information duties Clause in Contracts

Information duties. (a) The Company and the Shareholders agree that, notwithstanding anything to the contrary in any other agreement or at law or in equity, when any of the Shareholders (in their capacity as Shareholders) takes any action under this Agreement to give or withhold its consent in its capacity as a Shareholder, such Person shall, to the fullest extent permitted by law, have no duty to consider the interests of the Company or the other Shareholders or any other shareholders of the Company and may act exclusively in its and its Affiliates’ own interests; provided, however, that the foregoing shall in no way affect the obligations of the parties to comply with the provisions of this Agreement.

Appears in 5 contracts

Samples: Shareholders Agreement, Shareholders Agreement (Kinder Morgan, Inc.), Shareholders Agreement (Kinder Morgan, Inc.)

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