Common use of Other Rights; Fiduciary Duties Clause in Contracts

Other Rights; Fiduciary Duties. The Series 7 Units and the Series 7 Holders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law. Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the Managing General Partner nor any other Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 7 Holders, other than the Managing General Partner’s duty to act at all times in good faith.

Other Rights; Fiduciary Duties. The Series 7 5 Units and the Series 7 5 Holders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law. Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the Managing General Partner nor any other Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 7 5 Holders, other than the Managing General Partner’s duty to act at all times in good faith.

Other Rights; Fiduciary Duties. The Series 7 6 Units and the Series 7 6 Holders shall not have any designations, preferences, rights, powers or duties, other than as set forth in this Agreement or as provided by applicable law. Notwithstanding anything to the contrary in this Agreement or any duty existing at law, in equity or otherwise, to the fullest extent permitted by applicable law, neither the Managing General Partner nor any other Indemnified Party shall owe any duties, including fiduciary duties, or have any liabilities to Series 7 6 Holders, other than the Managing General Partner’s duty to act at all times in good faith.