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

Reliance upon Books, Reports and Records. Each manager shall, in the performance of his 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 managers, or in relying in good faith upon other records of the Company.

Reliance upon Books, Reports and Records. Each manager The Manager shall, in the ---------------------------------------- performance of his its duties, be fully protected in relying in good faith upon the books records of account the Company and upon such information, opinions, reports or reports made statements presented to the Company by any of its officersMembers, or by an independent certified public accountantany other person, as to matters the Manager reasonably believes are within such other person's professional or by an appraiser expert competence and who has been selected with reasonable care by the managers, or in relying in good faith upon other records on behalf of the Company.