Common use of Managers as Fiduciaries Clause in Contracts

Managers as Fiduciaries. Each Manager shall exercise all powers and perform all duties in good faith, and shall act in all matters for the best interest of the Company, using reasonable inquiry, diligence and prudence.

Appears in 4 contracts

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

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Managers as Fiduciaries. Each Manager shall exercise all powers and perform all duties in good faith, and shall act in all matters for the best interest of the Company, using reasonable inquiry, diligence diligence, and prudence.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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