Common use of Justifiable Reliance Clause in Contracts

Justifiable Reliance. The Manager may rely on the LLC’s records maintained in good faith and on information, opinions, reports or statements received from any Person pertaining to matters the Manager reasonably believes to be within the Person’s expertise or competence.

Appears in 9 contracts

Samples: Limited Liability Company Operating Agreement (Cf Fund Ii, LLC), Operating Agreement (Cf Fund Ii, LLC), Limited Liability Company Operating Agreement (Cf Fund Ii, LLC)

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Justifiable Reliance. The Manager may rely on the LLCCompany’s records maintained in good faith and on information, opinions, reports or statements received from any Person pertaining to matters the Manager reasonably believes to be within the Person’s expertise or competence.

Appears in 8 contracts

Samples: Limited Liability Company Operating Agreement (PFG Fund V, LLC), Limited Liability Company Operating Agreement (PFG Fund V, LLC), Limited Liability Company Operating Agreement (Circle of Wealth Fund III LLC)

Justifiable Reliance. The Manager may rely on the LLC’s Company's records maintained in good faith and on information, opinions, reports or statements received from any Person pertaining to matters the Manager reasonably believes to be within the Person’s 's expertise or competence.

Appears in 8 contracts

Samples: Limited Liability Company Operating Agreement (LK Secured Lending Reg a Fund, LLC), Limited Liability Company Operating Agreement (LK Secured Lending Reg a Fund, LLC), Limited Liability Company Operating Agreement (LK Secured Lending Reg a Fund, LLC)

Justifiable Reliance. The A Manager may rely on the LLCCompany’s records maintained in good faith and on information, reports, opinions, reports or statements received from any Person pertaining to matters that the Manager reasonably believes to be within the Person’s expertise or competence.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement (Slingshot USA LLC), Operating Agreement (Slingshot USA LLC)

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Justifiable Reliance. The Manager may rely on the LLC’s 's records maintained in good faith and on information, opinions, reports or statements received from any Person pertaining to matters the Manager reasonably believes to be within the Person’s 's expertise or competence.

Appears in 1 contract

Samples: Operating Agreement (Sachem Capital Corp.)

Justifiable Reliance. The A Manager may rely on the LLC’s Company"s records maintained in good faith and on information, opinions, reports reports, or statements received from any Person pertaining to matters that the Manager reasonably believes to be within the Person’s Person"s expertise or competence.

Appears in 1 contract

Samples: Operating Agreement

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