Common use of Other Rights; Fiduciary Duties Clause in Contracts

Other Rights; Fiduciary Duties. The Series A Preferred Units and the Series A Preferred Unitholders shall not have any designations, preferences, rights, powers, duties or obligations, 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 or have any liabilities to Series A Preferred Unitholders.

Appears in 3 contracts

Samples: Fourth (Summit Midstream Partners, LP), Summit Midstream Partners, LP, Summit Midstream Partners, LP

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

Appears in 2 contracts

Samples: Partnership Agreement (Sunoco LP), Series a Preferred Unit Purchase Agreement (Sunoco LP)

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

Appears in 2 contracts

Samples: Landmark Infrastructure Partners LP, www.lw.com

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

Appears in 1 contract

Samples: Landmark Infrastructure Partners LP

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

Appears in 1 contract

Samples: Series a Preferred Unit Purchase Agreement (Energy Transfer Equity, L.P.)

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Other Rights; Fiduciary Duties. The Series A Preferred Units and the Series A Preferred Unitholders shall not have any designations, preferences, rights, powers, duties powers or obligationsduties, other than as set forth in this Agreement or as provided required 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 duties, including fiduciary duties, or have any liabilities to Series A Preferred UnitholdersHolders.

Appears in 1 contract

Samples: Fourth (Global Partners Lp)

Other Rights; Fiduciary Duties. The Series A Preferred Units and the Series A Preferred Unitholders shall not have any designations, preferences, rights, powers, duties powers or obligationsduties, other than as set forth in this Agreement Article XVI or as provided by applicable law. Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwiseAgreement, to the fullest extent permitted by applicable law, neither the General Partner nor any other Indemnitee shall owe any duties or have any liabilities to Series A Preferred Unitholders.Holders, other than the implied contractual covenant of good faith and fair dealing. 116

Appears in 1 contract

Samples: Landmark Infrastructure Partners LP

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