Reliance Upon Agreement. To the extent that any Manager (each, a “Responsible Party”) has, at law or in equity, duties (including, without limitation, fiduciary duties) to the Company, any Member or other Person bound by the terms of this Agreement, such Responsible Parties acting in accordance with this Agreement shall not be liable to the Company, any Member, or any such other Person for its good faith reliance on the provisions of this Agreement.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company (Advanced Micro Devices Inc), Limited Liability Company (Advanced Micro Devices Inc)
Reliance Upon Agreement. To the extent that any Manager, General Manager or Officer (each, a “"Responsible Party”") has, at law under Applicable Law or in equity, duties (including, without limitation, fiduciary duties) to the Company, any Member or other Person bound by the terms of this Agreement, such Responsible Parties acting in accordance with this Agreement shall not be liable to the Company, any Member, or any such other Person for its good faith reliance on the provisions of this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company (Photronics Inc), Limited Liability Company Operating Agreement (Photronics Inc)
