Liability; Consultation. The liquidator(s) shall not be liable to any Member for any loss attributable to any act or omission of the liquidators(s) taken in good faith in connection with the liquidation of the Company and distribution of its assets. The liquidator(s) may consult with counsel, accountants and investment advisers with respect to liquidating the Company and distributing its assets and shall be justified in acting or omitting to act in accordance with the advice or opinion of such counsel, accountants or investment advisers.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Oppenheimer Master Inflation Protected Securities Fund, LLC), Limited Liability Company Agreement (Oppenheimer Master International Value Fund, LLC), Limited Liability Company Agreement (Oppenheimer Master Event-Linked Bond Fund, LLC)