Common use of Warranted Reliance by Officers on Others Clause in Contracts

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, or other Person as to matters which the Officer reasonably believes to be within such Person’s professional or expert competence.

Appears in 27 contracts

Samples: Limited Liability Company Agreement (Kodiak Gas Services, Inc.), Merger Agreement (CSI Compressco LP), Merger Agreement (CSI Compressco LP)

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Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, reports or statements of the following Persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, accountant or other Person as to matters which the Officer reasonably believes to be within such Person’s professional or expert competence.

Appears in 21 contracts

Samples: Limited Liability Company Agreement (Atlas Energy Solutions Inc.), Limited Liability Company Agreement (Atlas Energy Solutions Inc.), Limited Liability Company Agreement (Rice Acquisition Corp. II)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this LLC Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or subordinates its Subsidiaries whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, or other Person as to matters which the Officer reasonably believes to be within such Person’s professional or expert competence.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (Inspirato Inc), Limited Liability Company Agreement (Inspirato Inc), Limited Liability Company Agreement (Appreciate Holdings, Inc.)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or in subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, or other Person person as to matters which the Officer reasonably believes to be within such Personperson’s professional or expert competence.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Stryve Foods, Inc.), Limited Liability Company Agreement (Parsley Energy, Inc.), Limited Liability Company Agreement (Parsley Energy, Inc.)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, or other Person person as to matters which the Officer reasonably believes to be within such Personperson’s professional or expert competence.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Earthstone Energy Inc), Limited Liability Company Agreement (Rosehill Resources Inc.), Limited Liability Company Agreement (Spark Energy, Inc.)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or in subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, or other Person as to matters which the Officer reasonably believes to be within such Personperson’s professional or expert competence.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Stagwell Inc), Limited Liability Company Agreement (Stagwell Inc), Transaction Agreement (MDC Partners Inc)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, reports or statements of the following Persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, financial advisor or other Person as to matters which the Officer reasonably believes to be within such Person’s professional or expert competence.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Sunlight Financial Holdings Inc.), Limited Liability Company Agreement (Spartan Acquisition Corp. II), Business Combination Agreement (Spartan Acquisition Corp. II)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or in subordinates whom the Officer officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, or other Person person as to matters which the Officer officer reasonably believes to be within such Personperson’s professional or expert competence.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Emdeon Inc.), Limited Liability Company Agreement (Emdeon Inc.)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) a. one or more employees or other agents of the Company or in subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) b. any attorney, public accountant, or other Person person as to matters which the Officer reasonably believes to be within such Personperson’s professional or expert competence.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Earthstone Energy Inc), Contribution Agreement (Earthstone Energy Inc)

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Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or PubCo or in subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, or other Person person as to matters which the Officer reasonably believes to be within such Personperson’s professional or expert competence.

Appears in 2 contracts

Samples: Operating Agreement (Focus Financial Partners Inc.), Operating Agreement (Focus Financial Partners Inc.)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, reports or statements of the following Persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: : (a) one or more employees or other agents of the Company or subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, or other Person as to matters which the Officer reasonably believes to be within such Person’s professional or expert competence.

Appears in 1 contract

Samples: Limited Liability Company Agreement (OneWater Marine Inc.)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: : (a) one or more employees or other agents of the Company or subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, or other Person as to matters which the Officer reasonably believes to be within such Person’s professional or expert competence.

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Fortress Energy LLC)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: (a) one or more employees or other agents of the Company or Remora Petroleum, L.P. or subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and (b) any attorney, public accountant, management consultants, investment bankers or other Person as to matters which the Officer reasonably believes to be within such Person’s professional or expert competence.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Remora Royalties, Inc.)

Warranted Reliance by Officers on Others. In exercising their authority and performing their duties under this Agreement, the Officers shall be entitled to rely on information, opinions, reports, or statements of the following Persons or groups unless they have actual knowledge concerning the matter in question that would cause such reliance to be unwarranted: : (a) one or more employees or other agents of the Company or subordinates whom the Officer reasonably believes to be reliable and competent in the matters presented; and and (b) any attorney, public accountant, or other Person as to matters which the Officer reasonably believes to be within such Person’s professional or expert competence.

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Fortress Energy LLC)

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