Common use of Other Matters Concerning the General Partner Clause in Contracts

Other Matters Concerning the General Partner. (a) The Managing Member, the Board of Directors (or any committee thereof) and any other Indemnitee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Kimbell Royalty Partners, LP), Limited Liability Company Agreement (Kimbell Royalty Partners, LP), Recapitalization Agreement (Kimbell Royalty Partners, LP)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.