Common use of Reliance upon Books, Reports and Records Clause in Contracts

Reliance upon Books, Reports and Records. Unless he has knowledge concerning the matter in question which makes his reliance unwarranted, each Member shall, in the performance of his duties hereunder, be entitled to rely on information, opinions, reports or statements, including, without limitation, financial statements and other financial data, if prepared or presented by one or more employees of the Company or by legal counsel, accountants or other Persons as to matters such Member reasonably believes to be within such Person’s professional or expert competence.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Helpful Alliance Co)

AutoNDA by SimpleDocs

Reliance upon Books, Reports and Records. Unless he has knowledge concerning the matter in question which makes his reliance unwarranted, each Member shall, in the performance of his duties hereunder, be entitled to rely on information, opinions, 18 reports or statements, including, without limitation, financial statements and other financial data, if prepared or presented by one or more employees of the Company or by legal counsel, accountants or other Persons as to matters such Member reasonably believes to be within such Person’s 's professional or expert competence.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Prologis Trust)

Reliance upon Books, Reports and Records. Unless he has knowledge concerning the matter in question which makes his reliance unwarranted, each Member shall, in the performance of his duties hereunder, be entitled to rely on information, opinions, reports or statements, including, without limitation, financial statements and other financial data, if prepared or presented by one or more employees of the Company or by legal counsel, accountants or other Persons as to matters such Member reasonably believes to be within such Person’s 's professional or expert competence.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Prologis Trust)

AutoNDA by SimpleDocs

Reliance upon Books, Reports and Records. Unless he has knowledge concerning the matter in question which makes his reliance unwarranted, each Representative and Member shall, in the performance of his duties hereunderunder this Agreement, be entitled to rely on information, opinions, reports or statements, including, without limitation, financial statements and other financial data, if prepared or presented by one or more employees of the Company or by legal counsel, accountants or other Persons as to matters such Representative or Member reasonably believes to be within such Person’s professional or expert competence.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Urs Corp /New/)

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