Common use of Liability for Acts and Omissions Clause in Contracts

Liability for Acts and Omissions. (A) The General Partner shall not be liable, responsible or accountable in damages or otherwise to any of the Partners for any act or omission performed or omitted in good faith on behalf of the Partnership and in a manner reasonably believed to be within the scope of the authority granted by this Agreement and in the best interests of the Partnership, but shall be so liable, responsible or accountable for fraud, gross negligence, willful misconduct or any material breach of its fiduciary duty with respect to such acts or omissions.

Liability for Acts and Omissions. (Aa) The Neither the General Partner nor any Affiliate shall not be liable, responsible or accountable in damages or otherwise to any of the Partners or the Partnership for any act or omission omissions performed or omitted by them if they determined, in good faith on behalf of the Partnership and in a manner reasonably believed to be within the scope of the authority granted by this Agreement and faith, that such action or omission was in the best interests of the Partnership, but shall be so liable, responsible and such course of action did not constitute negligence or accountable for fraud, gross negligence, willful misconduct or any material breach of its fiduciary duty with respect to by such acts or omissionsPersons.

Liability for Acts and Omissions. (Aa) The Neither the General Partner nor any Affiliate of theirs shall not be liable, responsible or accountable in damages or otherwise to any of the Partners or the Partnership for any act or omission omissions performed or omitted by them if they determined, in good faith on behalf of the Partnership and in a manner reasonably believed to be within the scope of the authority granted by this Agreement and faith, that such action or omission was in the best interests of the Partnership, but shall be so liable, responsible and such course of action did not constitute negligence or accountable for fraud, gross negligence, willful misconduct or any material breach of its fiduciary duty with respect to by such acts or omissionsPersons.

Liability for Acts and Omissions. (Aa) The Neither the General Partner nor any Affiliate shall not be liable, responsible re- sponsible or accountable in damages or otherwise to any of the Partners of the Partnership for any act or omission omissions performed or omitted by them if they determined in good faith on behalf of the Partnership and in a manner reasonably believed to be within the scope of the authority granted by this Agreement and that such action or omission was in the best interests of the Partnership, but shall be so liable, responsible and such course of action did not constitute neg- ligence or accountable for fraud, gross negligence, willful misconduct or any material breach of its fiduciary duty with respect to by such acts or omissionsPersons.

Liability for Acts and Omissions. (A) The General Partner shall not be liable, responsible or accountable in damages or otherwise to any of the Partners for any act or omission performed or omitted in good faith on behalf of the Partnership and in a manner reasonably believed to be within the scope of the authority granted by this Agreement and in the best interests of the Partnership, but shall be so liable, responsible or accountable for fraud, gross negligence, willful misconduct or any material breach of its fiduciary duty with respect to such acts or omissions.in