Common use of Reliance on Documents Clause in Contracts

Reliance on Documents. The Managing Member may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture, or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties.

Appears in 10 contracts

Samples: Operating Agreement (Broadstone Net Lease, Inc.), Limited Liability Company Agreement (Sunstone Hotel Investors, Inc.), Limited Liability Company Agreement (Morgans Hotel Group Co.)

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Reliance on Documents. The Managing Member may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture, debenture or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties.

Appears in 6 contracts

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 Documents. The Managing Member may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture, debenture or other paper or document believed by it in good faith to be genuine and to have been signed or presented by the proper party or parties.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Nexpoint Diversified Real Estate Trust), Limited Liability Company Agreement (QTS Realty Trust, Inc.), Operating Agreement (Broadstone Net Lease, Inc.)

Reliance on Documents. The Managing Member Members may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture, or other paper or document reasonably believed by it them to be genuine and to have been signed or presented by the proper party or parties.

Appears in 4 contracts

Samples: Lease Agreement (Skechers Usa Inc), Development Management Agreement (Skechers Usa Inc), Development Management Agreement (Skechers Usa Inc)

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Reliance on Documents. The Managing Member may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture, debenture or other paper or document believed by it it, after reasonable inquiry, to be genuine and to have been signed or presented by the proper party or parties.

Appears in 1 contract

Samples: Fourth Amended And (Developers Diversified Realty Corp)

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