Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law of the State of Delaware.
Appears in 86 contracts
Samples: Limited Liability Company Operating Agreement (Dynegy Power, LLC), Limited Liability Company Operating Agreement (Dynegy Power, LLC), Limited Liability Company Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC)
Duties of Officers. Except to the extent otherwise provided herein, each Officer officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law of the State of Delaware.
Appears in 65 contracts
Samples: Limited Liability Company Agreement (Pacific Export Resources, LLC), Limited Liability Company Agreement (Peabody Trout Creek Reservoir LLC), Limited Liability Company Agreement (Pacific Export Resources, LLC)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law of the State of DelawareAct.
Appears in 5 contracts
Samples: Company Agreement (Entergy Mississippi Inc), Company Agreement (Entergy Gulf States Louisiana, LLC), Company Agreement (Entergy Arkansas Inc)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law general corporation law of the State of DelawareMaryland.
Appears in 4 contracts
Samples: Operating Agreement (OHI Asset HUD CFG, LLC), And (Hot Springs Cottages Owner, LLC), Operating Agreement (Hot Springs Cottages Owner, LLC)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General Corporation Law of the State of DelawareNew York.
Appears in 4 contracts
Samples: Operating Agreement (Acadia Realty Trust), Operating Agreement (Acadia Realty Trust), Operating Agreement (Acadia Realty Trust)
Duties of Officers. Except to as provided in this Agreement, in exercising their rights and performing their duties under this Agreement, the extent otherwise provided herein, each Officer Officers shall have a fiduciary duty of loyalty and care similar to that of officers of a business corporations corporation organized under the General Corporation Law of the State of Delaware.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (JCP&L Transition Funding II LLC), Limited Liability Company Agreement (RSB Bondco LLC), Limited Liability Company Agreement (Gpu Inc /Pa/)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law of the State of DelawareDGCL.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Entergy Louisiana, LLC), Limited Liability Company Agreement (Entergy Louisiana, LLC), Limited Liability Company Operating Agreement (Delphi Trade Management, LLC)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law general corporation law of the State of DelawareColorado.
Appears in 2 contracts
Samples: Operating Agreement (OHI Asset HUD CFG, LLC), Operating Agreement (Hot Springs Cottages Owner, LLC)
Duties of Officers. Except to the extent otherwise provided herein, each Independent Manager and Officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General Corporation Law of the State of Delaware.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Limited Liability Company Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar duties identical to that those of officers of business corporations organized under the General Corporation Law of the State of Delaware.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.), Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General New Jersey Business Corporation Law of the State of DelawareAct.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Pseg Energy Holdings LLC), Limited Liability Company Agreement (Pseg Energy Holdings LLC)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General Corporation Law of the State of Delaware.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Limited Liability Company Agreement
Duties of Officers. Except to the extent otherwise provided herein, each Officer Each officer shall have a fiduciary duty duties of loyalty and care similar analogous to that of officers of business corporations organized under the General Corporation Law of the State of Delaware.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Petro River Oil Corp.), Subscription Agreement (Petro River Oil Corp.)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law general corporation law of the State of DelawareConnecticut.
Appears in 1 contract
Samples: Operating Agreement (Hot Springs Cottages Owner, LLC)
Duties of Officers. Except to as provided in this Agreement, in ------------------ exercising their rights and performing their duties under this Agreement, the extent otherwise provided herein, each Officer Officers shall have a fiduciary duty of loyalty and care similar to that of officers of a business corporations corporation organized under the General Corporation Law of the State of Delaware.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Jcp&l Transition Funding LLC)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law general corporation law of the State Commonwealth of DelawarePennsylvania.
Appears in 1 contract
Samples: Operating Agreement (Hot Springs Cottages Owner, LLC)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a the fiduciary duty duties of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law of the State of Delaware, as amended.
Appears in 1 contract
Duties of Officers. Except to the extent otherwise provided hereinin this Agreement, each Authorized Officer shall of the Company will have a fiduciary duty of loyalty and care similar identical to that those of officers of for profit business corporations organizations organized under the General Corporation Law of the State of Delaware.. ARTICLE FIVE CAPITAL STRUCTURE, CONTRIBUTIONS AND DISTRIBUTIONS
Appears in 1 contract
Samples: Limited Liability Company Agreement (California Republic Funding LLC)
Duties of Officers. Except to the extent otherwise provided modified herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of directors and officers of business corporations organized under the General Corporation Law of the State of Delaware.
Appears in 1 contract
Samples: Limited Liability Company Agreement (North American Airlines, Inc.)
Duties of Officers. Except to the extent otherwise provided ------------------- herein, each Officer shall have a fiduciary duty duties of loyalty and care similar to that those of officers of business corporations organized under the General Corporation Law of the State of Delaware.
Appears in 1 contract
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law Business Organizations Code of the State of Delaware.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law general corporation law of the State Commonwealth of DelawareKentucky.
Appears in 1 contract
Samples: Operating Agreement (Hot Springs Cottages Owner, LLC)
Duties of Officers. Except to as provided in this Agreement, in ------------------- exercising their rights and performing their duties under this Agreement, the extent otherwise provided herein, each Officer Officers shall have a fiduciary duty of loyalty and care similar to that of officers of a business corporations corporation organized under the General Corporation Law of the State of Delaware.
Appears in 1 contract
Duties of Officers. Except to the extent otherwise provided herein, each Officer officer shall have a fiduciary duty of loyalty and care similar to that of officers of business corporations organized under the General Corporation Law of the State of DelawareLaw.
Appears in 1 contract
Samples: Limited Liability Company Agreement (CIT Group Funding CO of Canada)
Duties of Officers. Except to the extent otherwise provided herein, each Officer shall have a fiduciary duty of loyalty and care similar identical to that of officers of business corporations organized under the General Corporation Law of the State of Delaware.
Appears in 1 contract
