Common use of Reliance on Books, Reports and Records Clause in Contracts

Reliance on Books, Reports and Records. Each Manager shall, in the performance of his or her duties, be fully protected in relying in good faith upon the books of account or reports made to the Company by any of its Officers or by an independent certified public accountant or by an appraiser selected with reasonable care by the Board, or in relying in good faith upon other records of the Company.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Fortis Minerals, LLC), Limited Liability Company Agreement (RoyaltyTraders LLC), Limited Liability Company Operating Agreement (Riviera Resources, Inc.)

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Reliance on Books, Reports and Records. Each Manager The Managing Member shall, in the performance of his or her its duties, be fully protected in relying in good faith upon the books of account or reports made to the Company by any of its Officers or by an independent certified public accountant or by an appraiser selected with reasonable care by the BoardManaging Member, or in relying in good faith upon other records of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)

Reliance on Books, Reports and Records. Each Manager shall, in the performance of his or her duties, be fully protected in relying in good faith upon the books of account or reports made to the Company by any of its the Officers or by an independent certified public accountant or by an appraiser selected with reasonable care by the Board, or in relying in good faith upon other records of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Magnum Hunter Resources Corp), Limited Liability Company Agreement (Magnum Hunter Resources Corp)

Reliance on Books, Reports and Records. Each Manager shall, in the performance of his or her duties, be fully protected in relying in good faith upon the books of account or reports made to the Company by any of its Officers or by an independent certified public accountant or by an appraiser selected with reasonable care by the Board, or in relying in good faith upon other records of the Company.. AAG HOLDING CO4, LLC Limited Liability Company Operating Agreement

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.)

Reliance on Books, Reports and Records. Each Manager shall, in the performance of his or her duties, be fully protected in relying in good faith upon the books of account or reports made to the Company by any of its Officers or by an independent certified public accountant or by an appraiser selected with reasonable care by the Board, or in relying in good faith upon other records of the Company.. AAG HOLDING CO2, LLC Limited Liability Company Operating Agreement

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.)

Reliance on Books, Reports and Records. Each In accordance with Article XI each Manager shall, in the performance of his or her duties, be fully protected in relying in good faith upon the books of account or reports made to the Company by any of its Officers officers or by an independent certified public accountant or by an appraiser selected with reasonable care by the Board, or in relying in good faith upon other records of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lordstown Motors Corp.)

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Reliance on Books, Reports and Records. Each Manager shall, in the performance of his or her duties, be fully protected in relying in good faith upon the books of account or reports made to the Company LLC by any of its Officers or by an independent certified public accountant or by an appraiser selected with reasonable care by the BoardBoard of Managers, or in relying in good faith upon other records of the CompanyLLC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Outerwall Inc)

Reliance on Books, Reports and Records. Each Manager shall, in the performance of his or her duties, be fully protected in relying in good faith upon the books of account or reports made to the Company by any of its Officers or by an independent certified public accountant or by an appraiser selected with reasonable care by the Board, or in relying in good faith upon other records of the Company.. AAG HOLDING CO1, LLC Limited Liability Company Operating Agreement

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.)

Reliance on Books, Reports and Records. Each Manager shall, in the performance of his or her duties, be fully protected in relying in good faith upon the books of account or reports made to the Company by any of its Officers or by an independent certified public accountant or by an appraiser selected with reasonable care by the Board, or in relying in good faith upon other records of the Company.. AAG HOLDING CO3, LLC Limited Liability Company Operating Agreement

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.)

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