Reliance on Advisors. The Managing Member may consult with legal counsel, accountants, appraisers, management consultants, investment bankers and other consultants and advisers selected by it, and any act taken or omitted to be taken in reliance upon the opinion of such Persons as to matters which the Managing Member reasonably believes to be within such Person’s professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such opinion.
Appears in 5 contracts
Samples: Operating Agreement (Broadstone Net Lease, Inc.), Operating Agreement (Broadstone Net Lease, Inc.), Limited Liability Company Agreement (Jernigan Capital, Inc.)
Reliance on Advisors. The Managing Member may consult with legal counsel, accountants, appraisers, management consultants, investment bankers and other consultants and advisers selected by it, and any act taken or omitted to be taken in reliance upon the opinion of such Persons persons as to matters which the Managing Member reasonably believes to be within such Personperson’s professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such opinion.
Appears in 1 contract
Samples: Limited Liability Company Agreement (QTS Realty Trust, Inc.)
