Other Matters Concerning the Managing Member. A. Reliance on Documents. The Managing Member may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture or other paper or document believed by it in good faith to be genuine and to have been signed or presented by the proper party or parties.
Appears in 2 contracts
Sources: Contribution Agreement (Trizec Properties Inc), Limited Liability Company Agreement (Trizec Properties Inc)
Other Matters Concerning the Managing Member. A. (a) Reliance on Documents. , The Managing Member may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture debenture, or other paper or document in good faith and reasonably believed by it in good faith to be genuine and to have been signed or presented by the proper party or parties.,
Appears in 1 contract
Sources: Limited Liability Company Agreement (Seaport Entertainment Group Inc.)
Other Matters Concerning the Managing Member. A. Reliance on Documents. The Managing Member and any other Indemnitee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture or other paper or document believed by it in good faith to be genuine and to have been signed or presented by the proper party or parties.
Appears in 1 contract
Sources: Limited Liability Company Agreement (First Solar, Inc.)