No Effect on Fiduciary Obligations. Nothing contained in this Article shall be construed to relieve the directors of the Board of Directors or an Interested Shareholder from any fiduciary obligation imposed by applicable law.
Appears in 9 contracts
Samples: Operating Agreement, Operating Agreement (Compass Group Diversified Holdings LLC), Operating Agreement (1847 Holdings LLC)
No Effect on Fiduciary Obligations. Nothing contained in this Article shall be construed to relieve the directors members of the Board of Directors or an Interested Shareholder from any fiduciary obligation imposed by applicable law.
Appears in 7 contracts
Samples: Operating Agreement (Macquarie Infrastructure CO LLC), Operating Agreement (Macquarie Infrastructure CO LLC), Trust Agreement (Macquarie Infrastructure CO LLC)
No Effect on Fiduciary Obligations. Nothing contained in this Article VII shall be construed to relieve the directors of the Board of Directors or an Interested Shareholder from any fiduciary obligation imposed by applicable law.
Appears in 5 contracts
Samples: Trust Agreement (Compass Group Diversified Holdings LLC), Trust Agreement (Compass Group Diversified Holdings LLC), Trust Agreement (Compass Diversified Holdings)
No Effect on Fiduciary Obligations. Nothing contained in this Article shall be construed to relieve the directors of the Board of Directors or an Interested Shareholder Member from any fiduciary obligation imposed by applicable law.
Appears in 3 contracts
Samples: Operating Agreement (KKR Financial Holdings LLC), Operating Agreement (KKR Financial Holdings LLC), Operating Agreement (Ellington Financial LLC)
No Effect on Fiduciary Obligations. Nothing contained in this Article shall be construed to relieve the directors members of the Board of Directors or an Interested Shareholder Stockholder from any fiduciary obligation imposed by applicable law.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Hearst Argyle Television Inc), Agreement and Plan of Merger (Hearst Argyle Television Inc)
No Effect on Fiduciary Obligations. Nothing contained in this Article XIII shall be construed to relieve the directors members of the Board of Directors or an Interested Shareholder Unitholder from any fiduciary obligation imposed by applicable law.law or this Agreement.β
Appears in 1 contract
Samples: Limited Liability Company Agreement
No Effect on Fiduciary Obligations. Nothing contained in this Article XIII shall be construed to relieve the directors members of the Board of Directors or an Interested Shareholder Unitholder from any fiduciary obligation imposed by applicable lawlaw or this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Macquarie Infrastructure Holdings, LLC)
