Common use of Negation of Fiduciary Duties Clause in Contracts

Negation of Fiduciary Duties. A Member who is not also the Manager owes no fiduciary duties to the Company or to the other Members solely by reason of being a Member.

Appears in 14 contracts

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

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Negation of Fiduciary Duties. A Member member who is not also the a Manager owes no fiduciary duties to the Company or to the other Members members solely by reason of being a Membermember.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (Huntsman Polymers Corp), Limited Liability Company Agreement (Huntsman Polymers Corp), Limited Liability Company Agreement (Huntsman Texas Holdings LLC)

Negation of Fiduciary Duties. A Member who is not also the Manager owes no fiduciary duties to the Company LLC or to the other Members solely by reason of being a Member.

Appears in 10 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)

Negation of Fiduciary Duties. A Member who is not also the a Manager owes no fiduciary duties to the Company or to the other Members solely by reason of being a Member.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement (Huntsman Polymers Corp)

Negation of Fiduciary Duties. A Member who is not also the Manager owes no fiduciary duties to the Company or any Series, or to the other Members Members, solely by reason of being a Member.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Concreit Series LLC), Limited Liability Company Operating Agreement (Concreit Series LLC), Limited Liability Company Operating Agreement (Concreit Series LLC)

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Negation of Fiduciary Duties. A Member who is not also the Manager owes no fiduciary duties to the Company or any Series, or to the other Members Members, solely by reason of being a Member.. LIMITED LIABILITY COMPANY OPERATING AGREEMENT FORTE INVESTMENT FUND, LLC

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Forte Investment Fund, LLC)

Negation of Fiduciary Duties. A Member who is not also the Manager owes no fiduciary duties to the Company Series or to the other Members solely by reason of being a Member.

Appears in 1 contract

Samples: Operating Agreement

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