Standards of Conduct and Fiduciary Duties. (a) In causing the Company to make a determination or take or decline to take any action in its capacity as the general partner of the Partnership as opposed to in its individual capacity, an Indemnitee shall act in accordance with Article VII of the Partnership Agreement and shall not be subject to any other or different standards imposed by this Agreement or any other agreement contemplated hereby or under the Act or any other law, rule or regulation.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Axar Capital Management L.P.), Limited Liability Company Agreement (Stonemor Partners Lp), Limited Liability Company Agreement (Stonemor Partners Lp)