Common use of Other Rights; Fiduciary Duties Clause in Contracts

Other Rights; Fiduciary Duties. The Series C Preferred Units and the Series C Unitholders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law. Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the General Partner nor any other Indemnitee shall owe any duties, including fiduciary duties, or have any liabilities to Series C Unitholders, other than the implied contractual covenant of good faith and fair dealing.

Appears in 5 contracts

Samples: Operating Agreement (EnLink Midstream Partners, LP), Operating Agreement (EnLink Midstream, LLC), EnLink Midstream, LLC

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Other Rights; Fiduciary Duties. The Series C Preferred Units and the Series C Preferred Unitholders shall not have any designations, preferences, rights, powers powers, or duties, other than as set forth in this Agreement or as provided by applicable law. Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the General Partner nor any other Indemnitee shall owe any duties, including fiduciary duties, or have any liabilities to Series C Preferred Unitholders, other than the implied contractual covenant of good faith and fair dealing.

Appears in 4 contracts

Samples: Partnership Agreement (DCP Midstream, LP), Equity Restructuring Agreement (DCP Midstream, LP), Partnership Agreement (DCP Midstream, LP)

Other Rights; Fiduciary Duties. The Series C Preferred Units and the Series C Unitholders Holders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law. Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the General Partner nor any other Indemnitee shall owe any duties, including fiduciary duties, or have any liabilities to Series C UnitholdersHolders, other than the implied contractual covenant of good faith and fair dealing.”

Appears in 2 contracts

Samples: media.corporate-ir.net, Energy Transfer Partners, L.P.

Other Rights; Fiduciary Duties. The Series C A Preferred Units and the Series C A Preferred Unitholders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law. Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the General Partner nor any other Indemnitee shall owe any duties, including fiduciary duties, or have any liabilities to Series C A Preferred Unitholders, other than the implied contractual covenant of good faith and fair dealing.

Appears in 2 contracts

Samples: DCP Midstream, LP, www.dcpmidstream.com

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Other Rights; Fiduciary Duties. The Series C Preferred Units and the Series C Unitholders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law. Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the General Partner nor any other Indemnitee shall owe any duties, including fiduciary duties, or have any liabilities to Series C Unitholders, other than the implied contractual covenant of good faith and fair dealing.. 42

Appears in 1 contract

Samples: EnLink Midstream, LLC

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