No Liability for Good Faith Error of Judgment. The Litigation Trustee shall not be liable for any error of judgment made in good faith, unless it shall be finally determined by a Final Order that the Litigation Trustee was grossly negligent in ascertaining the pertinent facts.
Appears in 2 contracts
Samples: Litigation Trust Agreement, Litigation Trust Agreement
No Liability for Good Faith Error of Judgment. The Litigation Trustee shall not be liable for any error of judgment made in good faith, unless it shall be finally determined by a Final Order final judgment of a court of competent jurisdiction (not subject to further appeal or review) that the Litigation Trustee was grossly negligent in ascertaining the pertinent facts.
Appears in 2 contracts
Samples: dr201.s3.amazonaws.com, Litigation Trust Agreement (Jennifer Convertibles Inc)
No Liability for Good Faith Error of Judgment. The Litigation Trustee shall not be liable for any error of judgment made in good faith, unless it shall be finally determined by a Final Order final judgment of a court of competent jurisdiction (not subject to further appeal or review) that the Litigation Trustee was grossly negligent in ascertaining the pertinent facts.
Appears in 1 contract
Samples: Litigation Trust Agreement and Declaration of Trust (Cano Health, Inc.)
No Liability for Good Faith Error of Judgment. The Litigation Trustee shall not be liable for any error of judgment made in good faith, unless it shall be finally determined by a Final Order proved that the Litigation Trustee was grossly negligent or acting with willful misconduct in ascertaining the pertinent facts.
Appears in 1 contract
Samples: Litigation Trust Agreement
No Liability for Good Faith Error of Judgment. The Litigation Trustee shall not be liable for any act, omission or error of judgment made in good faith, unless it shall be finally determined by a Final Order proved that the Litigation Trustee was grossly negligent in ascertaining the pertinent factsnegligent.
Appears in 1 contract
