Common use of Other Rights; Fiduciary Duties Clause in Contracts

Other Rights; Fiduciary Duties. The Series 15 Preferred Units and the Series 15 Holders shall not have any designations, preferences, rights, powers, guarantees 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 Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 15 Holders, other than the General Partner’s duty to act at all times in good faith.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)

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Other Rights; Fiduciary Duties. The Series 15 17 Preferred Units and the Series 15 17 Holders shall not have any designations, preferences, rights, powers, guarantees 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 Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 15 17 Holders, other than the General Partner’s duty to act at all times in good faith.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Brookfield Renewable Partners L.P.), Limited Partnership Agreement

Other Rights; Fiduciary Duties. The Series 15 Preferred Units and the Series 15 Holders shall not have any designations, preferences, rights, powers, guarantees 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 Managing General Partner nor any other Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 15 Holders, other than the Managing General Partner’s duty to act at all times in good faith.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)

Other Rights; Fiduciary Duties. The Series 15 16 Preferred Units and the Series 15 16 Holders shall not have any designations, preferences, rights, powers, guarantees 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 Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 15 16 Holders, other than the General Partner’s duty to act at all times in good faith.

Appears in 1 contract

Samples: Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)

Other Rights; Fiduciary Duties. The Series 15 13 Preferred Units and the Series 15 13 Holders shall not have any designations, preferences, rights, powers, guarantees 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 Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 15 13 Holders, other than the General Partner’s duty to act at all times in good faith.

Appears in 1 contract

Samples: Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)

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Other Rights; Fiduciary Duties. The Series 15 Preferred 16 Units and the Series 15 16 Holders shall not have any designations, preferences, rights, powers, guarantees 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 Managing General Partner nor any other Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 15 16 Holders, other than the Managing General Partner’s duty to act at all times in good faith.

Appears in 1 contract

Samples: Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)

Other Rights; Fiduciary Duties. The Series 15 14 Preferred Units and the Series 15 14 Holders shall not have any designations, preferences, rights, powers, guarantees 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 Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 15 14 Holders, other than the General Partner’s duty to act at all times in good faith.

Appears in 1 contract

Samples: Limited Partnership Agreement (Brookfield Infrastructure Partners L.P.)

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