Reliance on Advice. The Partnership Representative may rely on the services and advice of attorneys, accountants and other professional advisors or experts. The Partnership Representative shall not be liable to the Company or to any Member for damages, losses, or costs, any loss of value or any liability arising from such reliance.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (PRC Equity Fund I, LLC), Operating Agreement, Operating Agreement
Reliance on Advice. The Partnership Representative partnership representative may rely on the services and advice of attorneys, accountants and other professional advisors or experts. The Partnership Representative partnership representative shall not be liable to the Company or to any Member member for damages, losses, or costs, any loss of value or any liability arising from such reliance.
Appears in 1 contract
Samples: Operating Agreement
