Common use of Duties and Liabilities of Covered Persons Clause in Contracts

Duties and Liabilities of Covered Persons. (i) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member to replace such other duties and liabilities of such Covered Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (S.D. Shepherd Systems, Inc.)

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Duties and Liabilities of Covered Persons. (ia) To the extent that, at law or in equity, a any Covered Person has duties (including fiduciary duties) and liabilities relating related thereto to the Company IX, L.L.C. or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the Company IX, L.L.C. or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member Members to replace such other duties and liabilities of such Covered Person.

Appears in 1 contract

Samples: Nfo Worldwide Inc

Duties and Liabilities of Covered Persons. (i) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member parties hereto to replace such other duties and liabilities of such Covered PersonPerson .

Appears in 1 contract

Samples: American Medical Providers Inc

Duties and Liabilities of Covered Persons. (i) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary dutiesINCLUDING FIDUCIARY DUTIES) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this LLC Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this LLC Agreement. The provisions of this LLC Agreement, to the extent that they expand or restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member Members to replace such other duties and liabilities of such Covered Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Teppco Partners Lp)

Duties and Liabilities of Covered Persons. (i) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this AgreementAgreement (including, without limitation, Sections 10(f) and 17(a)). The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member to replace such other duties and liabilities of such Covered Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ipr LLC)

Duties and Liabilities of Covered Persons. (i) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this AgreementAgreement (including, without limitation, Section 17(a)). The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member to replace such other duties and liabilities of such Covered Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ipr LLC)

Duties and Liabilities of Covered Persons. (i) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this the Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member parties hereto to replace such other duties and liabilities of such Covered Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Frontier Communications Corp)

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Duties and Liabilities of Covered Persons. (i) To the ------------------------------------------ extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they expand or restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member parties hereto to replace such other duties and liabilities of such Covered Person.

Appears in 1 contract

Samples: Usx Corp

Duties and Liabilities of Covered Persons. (ia) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member parties hereto to replace such other duties and liabilities of such Covered PersonPerson as related to this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Commodore Applied Technologies Inc)

Duties and Liabilities of Covered Persons. (ia) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict or otherwise modify the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member to replace such other duties and liabilities of such Covered Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Duties and Liabilities of Covered Persons. (i) To the extent that, at law or in equity, a Covered Person has duties (including fiduciary duties) and liabilities relating thereto to the Company or to any other Covered Person, a Covered Person acting under this Agreement shall not be liable to the Company or to any other Covered Person for its good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Covered Person otherwise existing at law or in equity, are agreed by the Undersigned Member parties hereto to replace such other duties and liabilities of such Covered Person.

Appears in 1 contract

Samples: Limited Liability Company Agreement (New Gaming Capital Partnership)

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