Inland Clause Samples
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Inland. None of Inland, or any officer, director, trustee, shareholder, member, manager, partner, employee, Affiliate or agent of Inland, or any Affiliate of Inland shall be liable, responsible or accountable in damages or otherwise to the Partnership or to any other Partner for any act or omission on behalf of the Partnership, in good faith and within the scope of authority conferred on Inland under this Agreement or by law unless such act or failure to act (i) is or results in a breach of any representation, warranty or covenant of Inland contained in this Agreement or any other agreement entered into in connection therewith or related thereto, (ii) was fraudulent or committed in bad faith or (iii) constituted gross negligence, willful misconduct or a breach of fiduciary duty.
Inland. Inland and any of its Affiliates and related parties may engage in or possess any interest in other business ventures of any kind, independently or with others, including but not limited to the ownership, operation and management of net-leased real estate asset.
Inland. Washington shall give Inland-Delaware
(i) prompt written notice of any written demands by dissenting shareholders for appraisal of common shares, withdrawals of such demands and any other instruments pursuant to the Act received by Inland-Washington and (ii) the opportunity to participate in all negotiations and proceedings with respect to demands by dissenting shareholders for appraisal under the Act. Prior to the Effective Time, Inland-Washington shall not, except with the prior written consent of Inland-Delaware, voluntarily make any payment with respect to any demands by dissenting shareholders for appraisal of common shares or offer to settle or settle any such demands.
Inland. Delaware is a Delaware corporation. The date of filing of Inland-Delaware's Certificate of Incorporation is _________, 2003 (as amended from time to time, the "Certificate of Incorporation").