Reliance on Advisors. The General Partner may consult with legal counsel, accountants, appraisers, management consultants, investment bankers and other consultants and advisers selected by it, and any act taken or omitted to be taken in reliance upon the opinion of such Persons as to matters which the General Partner reasonably believes to be within such Person’s professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such opinion.
Reliance on Advisors. The General Partner may consult with legal counsel, accountants, appraisers, management consultants, investment bankers and other consultants and advisors selected by it, and any act taken or omitted to be taken in reliance upon the opinion of such Persons as to matters which the General Partner reasonably believes to be within such Person's professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such opinion.
Reliance on Advisors. So long as the Trustees exercise reasonable care in the selection, instruction and supervision of a professional advisor, then subject to Section 15.4 the Trustees shall incur no liability, either collectively or individually, in acting and relying upon the opinions or advice of the professional advisor.
Reliance on Advisors. The Managing Member may consult with legal counsel, accountants, appraisers, management consultants, investment bankers and other consultants and advisers selected by it, and any act taken or omitted to be taken in reliance upon the opinion of such Persons as to matters which the Managing Member reasonably believes to be within such Person’s professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such opinion.
Reliance on Advisors. The Trustee shall be permitted to rely upon and shall not be liable for actions taken or omitted to be taken on the advice or information of any expert including legal counsel, auditors, accountants, appraisers, agents or other professional advisors employed as herein provided ("Advisors"), provided that the Trustee has met the Standard of Care in the selection and continued retention of such Advisors.
Reliance on Advisors. The Seller Parties have relied solely on their own accountants, legal counsel, investment banker and other advisors in negotiating and consummating the transactions contemplated by this Agreement. No Seller Party is relying upon any representations, promises or agreements of any of Buyer's accountants, legal counsel, investment banker or other advisors excepts as specifically set forth in this Agreement.
Reliance on Advisors. So long as the Directors and officers exercise reasonable care in the selection, instruction and supervision of a professional adviser, then subject to Subsection 8.1, the Directors and officers shall incur no liability, either collectively or individually, in acting and relying upon the opinions or advice of the professional adviser.
Reliance on Advisors. Any Manager or Officer acting for, on behalf of or in relation to, the Company in respect of any transaction, any investment or any business decision or action, or otherwise shall be entitled to rely on the advice of counsel, accountants and other professionals that is provided to the Company or such Manager or Officer, and such Manager or Officer shall not be liable to the Company or to any Member for that Manager’s or Officer’s reliance on any such advice, and each Covered Person may rely, and shall incur no liability in acting or refraining from acting, upon any resolution, certificate, statement, opinion, consent, order, bond, signature or other writing reasonably believed by it to be genuine, and may rely on a certificate signed by an officer, agent or representative of any Person in order to ascertain any fact with respect to such person or within that Person’s knowledge, provided, however, in each case, there has not been a final and non-appealable judgment entered by a court of competent jurisdiction determining that, in respect of such reliance, and taking into account the acknowledgments and agreements set forth in this Agreement, that Covered Person engaged in willful misconduct or, in the case of a criminal matter constituting a felony, acted with knowledge that any such Covered Person’s conduct was unlawful.
Reliance on Advisors. The Managing Member and any Officer acting for, on behalf of or in relation to, the Company in respect of any transaction, any investment or any business decision or action, or otherwise shall be entitled to rely on the advice of counsel, accountants and other professionals that is provided to the Company, the Managing Member or Officer, and neither the Managing Member nor any Officer shall be liable to the Company or to any Member for any reliance on any such advice by the Managing Member or such Officer, as applicable, and each Covered Person may rely, and shall incur no liability in acting or refraining from acting, upon any resolution, certificate, statement, opinion, consent, order, bond, signature or other writing reasonably believed by it to be genuine, and may rely on a certificate signed by an officer, agent or representative of any Person in order to ascertain any fact with respect to such person or within that Person’s knowledge, provided, however, in each case, there has not been a final and non-appealable judgment entered by a court of competent jurisdiction determining that, in respect of such reliance, and taking into account the acknowledgments and agreements set forth in this Agreement, that Covered Person engaged in willful misconduct or, in the case of a criminal matter constituting a felony, acted with knowledge that any such Covered Person’s conduct was unlawful.
Reliance on Advisors. Each party hereto has independently reviewed the terms and conditions of this Agreement with its own advisors, and acknowledges that it is not relying upon any other party hereto with respect to the interpretation of this Agreement and the legal and regulatory (including tax and securities laws) treatment of the transactions contemplated by this Agreement.
