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