Reliance on Consultants and Advisers. 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 such 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.
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Samples: Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.)
Reliance on Consultants and Advisers. The Managing Member Members may consult with legal counsel, accountants, appraisers, management consultants, investment bankers and other consultants and advisers selected by itthem, and any act taken or omitted to be taken in reliance upon and in accordance with the opinion of such Persons as to matters which such the Managing Member Members reasonably believes believe to be within such Person’s professional or expert competence shall be conclusively presumed to have been prima facie evidence that such act was done or omitted in good faith and in accordance with such opinionfaith.
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Samples: Limited Liability Company Agreement (Skechers Usa Inc), Limited Liability Company Agreement (Skechers Usa Inc), Limited Liability Company Agreement (Skechers Usa Inc)
Reliance on Consultants and Advisers. 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 such Managing Member reasonably believes to be within such Person’s '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 3 contracts
Samples: Limited Liability Company Agreement (Strategic Hotel Capital Inc), Limited Liability Company Agreement (Strategic Hotel Capital Inc), Limited Liability Company Agreement (Strategic Hotel Capital Inc)
Reliance on Consultants and Advisers. The Managing Member Each Manager and its Affiliates may consult with legal counsel, accountants, real estate industry experts, appraisers, management consultants, investment bankers and other consultants and advisers selected by itsuch Manager or such Person, and any act taken or omitted to be taken in reliance upon and in accordance with the opinion of such Persons consultants and advisers as to matters which the Board or such Managing Member Person reasonably believes to be within such Personconsultant’s or adviser’s professional or expert competence shall be conclusively presumed considered for purposes of this Agreement to have been done or omitted in good faith and in accordance with such opinionfaith.
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Samples: Limited Liability Company Agreement (Intrexon Corp)
Reliance on Consultants and Advisers. The Managing Member may consult with legal counsel, accountants, appraisers, management consultants, investment bankers and other consultants and advisers selected by itit (collectively, the “Advisors”), and any act taken or omitted to be taken in good faith reliance upon and in accordance with the opinion of such Persons Advisors as to matters which such the Managing Member reasonably believes to be within such PersonAdvisor’s professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such opinionfaith.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Seaport Entertainment Group Inc.)
Reliance on Consultants and Advisers. 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 action taken or omitted to be taken in reliance upon the opinion of any of such Persons as to matters which such 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 1 contract
Samples: Operating Agreement (Developers Diversified Realty Corp)
Reliance on Consultants and Advisers. 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 and in accordance with the opinion of such Persons as to matters which such Managing Member reasonably believes to be within such Person’s 's professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such opinion.expert
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tarragon Realty Investors Inc)
Reliance on Consultants and Advisers. 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 and in accordance with the opinion of such Persons as to matters which such Managing Member reasonably believes to be within such Person’s 's professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such opinion.
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