Common use of Limitations of Fiduciary Duty Clause in Contracts

Limitations of Fiduciary Duty. Sections 7.1.B, 7.1.E and this Section 7.8 and any other Section of this Agreement limiting the liability of the General Partner and/or its trustees, directors and officers shall constitute an express limitation of any duties, fiduciary or otherwise, that they would owe the Partnership or the Limited Partners if such duty would be imposed by any law, in equity or otherwise.

Appears in 25 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (JBG SMITH Properties), Limited Partnership Agreement (JBG SMITH Properties)

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Limitations of Fiduciary Duty. Sections 7.1.B, 7.1.E Section 7.7.E and this Section 7.8 and any other Section of this Agreement limiting the liability of the General Partner and/or its trustees, the directors and officers of the Parent shall constitute an express limitation of any duties, fiduciary or otherwise, that they would owe the Partnership or the Limited Partners if such duty would be imposed by any law, in equity or otherwise.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Freehold Properties, Inc.), Limited Partnership Agreement (Broad Street Realty, Inc.), Limited Partnership Agreement (Education Realty Operating Partnership L P)

Limitations of Fiduciary Duty. Sections 7.1.B, 7.1.E Section 7.7.E and this Section 7.8 and any other Section of this Agreement limiting the liability of the General Partner and/or its trustees, the directors and officers of the General Partner shall constitute an express limitation of any duties, fiduciary or otherwise, that they would owe the Partnership or the Limited Partners if such duty would be imposed by any law, in equity or otherwise.

Appears in 5 contracts

Samples: Agreement of Limited Partnership (Steadfast Apartment REIT, Inc.), Agreement of Limited Partnership (Steadfast Apartment REIT, Inc.), Limited Partnership Agreement (Pillarstone Capital Reit)

Limitations of Fiduciary Duty. Sections 7.1.B, 7.1.E Section 7.7.E and this Section 7.8 and any other Section of this Agreement limiting the liability of the General Partner and/or its trustees, directors and officers shall constitute an express limitation of any duties, fiduciary or otherwise, that they would owe the Partnership or the Limited Partners if such duty would be imposed by any law, in equity or otherwise.

Appears in 4 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (American Homes 4 Rent), Limited Partnership Agreement (RLJ Lodging Trust)

Limitations of Fiduciary Duty. Sections 7.1.B, 7.1.E and this Section 7.8 and any other Section of this Agreement limiting the liability of the General Partner and/or its trustees, directors and officers shall constitute an express limitation of any duties, fiduciary or otherwise, that they would owe the Partnership or the Limited Partners if such duty would be imposed by any law, in equity or otherwise.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Carramerica Realty Corp), Limited Partnership Agreement (Carramerica Realty Operating Partnership Lp)

Limitations of Fiduciary Duty. Sections 7.1.B7.1B, 7.1.E and this Section 7.8 and any other Section of this Agreement limiting the liability of the General Partner and/or its trustees, directors directors, officers and officers other employees shall constitute an express limitation of any duties, fiduciary or otherwise, that they would owe the Partnership or the Limited Partners if such duty would be imposed by any law, in equity or otherwise.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (FrontView REIT, Inc.), Agreement of Limited Partnership (FrontView REIT, Inc.)

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Limitations of Fiduciary Duty. Sections 7.1.B, 7.1.E and this Section 7.8 and any other Section of this Agreement limiting the liability of the General Partner Managing Member and/or its trustees, directors and officers shall constitute an express limitation of any duties, fiduciary or otherwise, that they would owe the Partnership Company or the Limited Partners Non-Managing Members if such duty would be imposed by any law, in equity or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Trizec Properties Inc), Contribution Agreement (Trizec Properties Inc)

Limitations of Fiduciary Duty. Sections 7.1.B, 7.1.E Section 7.7.E and this Section 7.8 and any other Section of this Agreement limiting the liability of the General Partner Managing Member and/or its trustees, the directors and officers of the Managing Member shall constitute an express limitation of any duties, fiduciary or otherwise, that they would owe the Partnership Company or the Limited Partners Non-Managing Members if such duty would be imposed by any law, in equity or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Nexpoint Diversified Real Estate Trust), Limited Liability Company Agreement (Jernigan Capital, Inc.)

Limitations of Fiduciary Duty. Sections 7.1.B, 7.1.E and this Section 7.8 and any other Section of this Agreement limiting the liability of the General Partner Managing Member and/or its trustees, directors and officers shall constitute an express limitation of any duties, fiduciary or otherwise, that they would owe the Partnership Company or the Limited Partners Non-Managing Members if such duty would be imposed by any law, in equity or otherwise.

Appears in 2 contracts

Samples: Operating Agreement (Broadstone Net Lease, Inc.), Operating Agreement (Broadstone Net Lease, Inc.)

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