Common use of Liability for Acts and Omissions Clause in Contracts

Liability for Acts and Omissions. (a) Neither the General Partner nor any Affiliate of theirs shall be liable, responsible or accountable in damages or otherwise to any of the Partners or the Partnership for any act or omissions performed or omitted by them if they determined, in good faith, that such action or omission was in the best interests of the Partnership, and such course of action did not constitute negligence or misconduct by such Persons.

Liability for Acts and Omissions. (a) Neither the General Partner nor any Affiliate of theirs shall be liable, responsible or accountable in damages or otherwise to any of the Partners or the Partnership for any act or omissions performed or omitted by them if they determined, in good faith, that such action or omission was in the best interests of the Partnership, and such course of action did not constitute negligence or misconduct by such Persons.

Liability for Acts and Omissions. (a) Neither the General Partner nor any Affiliate of theirs shall be liable, responsible re- sponsible or accountable in damages or otherwise to any of the Partners or of the Partnership for any act or omissions performed or omitted by them if they determined, determined in good faith, faith that such action or omission was in the best interests of the Partnership, and such course of action did not constitute negligence neg- ligence or misconduct by such Persons.

Liability for Acts and Omissions. (aA) Neither the The General Partner nor any Affiliate of theirs shall not be liable, responsible or accountable in damages or otherwise to any of the Partners or the Partnership for any act or omissions omission performed or omitted by them if they determined, in good faith, that such action or omission was faith on behalf of the Partnership and in a manner reasonably believed to be within the scope of the authority granted by this Agreement and in the best interests of the Partnership, and but shall be so liable, responsible or accountable for fraud, gross negligence, willful misconduct or any material breach of its fiduciary duty with respect to such course of action did not constitute negligence acts or misconduct by such Personsomissions.

Liability for Acts and Omissions. (aA) Neither the The General Partner nor any Affiliate of theirs shall not be liable, responsible or accountable in damages or otherwise to any of the Partners or the Partnership for any act or omissions omission performed or omitted by them if they determined, in good faith, that such action or omission was in the best interests faith on behalf of the Partnership, Partnership and such course in a manner reasonably believed to be within the scope of action did not constitute negligence or misconduct the authority granted by such Persons.this Agreement and in