Liability of Member. To the fullest extent permitted under the Act, the Member, whether acting as the Member, in its capacity as the manager of the Company, or in any other capacity, shall not be liable for any debts, obligations or liabilities of the Company or each other, whether arising in tort, contract or otherwise, solely by reason of being a Member.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Urban One, Inc.), Limited Liability Company Agreement (Urban One, Inc.), Limited Liability Company Agreement (Eclipse Resources-Ohio, LLC)
Liability of Member. To the fullest extent permitted under Except as otherwise required in the Act, the Memberdebts, whether acting as the Memberobligations, in its capacity as the manager and liabilities of the Company, whether arising in contract, tort or in any other capacityotherwise, shall be solely the debts, obligations and liabilities of the Company, and the Member shall not be liable obligated personally for any debtssuch debt, obligations obligation or liabilities liability of the Company or each other, whether arising in tort, contract or otherwise, solely by reason of being a Memberthe Member or participating in the management of the Company.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Valaris United LLC), Limited Liability (TNHC - Santa Clarita GP LLC), Single Member Operating Agreement
Liability of Member. To the fullest extent permitted under the Act, the Member, whether acting as the Member, in its capacity as the manager of the CompanyLLC, or in any other capacity, shall not be liable for any debts, obligations or liabilities of the Company LLC or each other, whether arising in tort, contract or otherwise, solely by reason of being a Member.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Limited Liability Company Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Limited Liability Company Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Liability of Member. To the fullest extent permitted under Except as otherwise required in the Act, the Memberdebts, whether acting as the Memberobligations, in its capacity as the manager and liabilities of the Company, whether arising in contract, tort, or in any other capacityotherwise, shall be solely the debts, obligations, and liabilities of the Company, and the Member shall not be liable obligated personally for any debtssuch debt, obligations obligation, or liabilities liability of the Company or each other, whether arising in tort, contract or otherwise, solely by reason of being a Memberthe Member or participating in the management of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.), Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.), Limited Liability Company Agreement (Chicken Soup for the Soul Entertainment, Inc.)
Liability of Member. To the fullest extent permitted under the Act, the no Member, whether acting as the a Member, in its capacity as the manager of the Company, or in any other capacity, shall not be liable for any debts, obligations or liabilities of the Company or each other, whether arising in tort, contract or otherwise, solely by reason of being a Member.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Liability Company Operating Agreement (Investment Grade R.E. Income Fund, L.P.)
Liability of Member. To the fullest extent permitted under the Act, the MemberMember and Manager, whether acting as the Member, in its capacity as the manager of the Company, or in any other capacity, shall not be liable for any debts, obligations or liabilities of the Company or each other, whether arising in tort, contract or otherwise, solely by reason of being a MemberMember or Manager, as applicable.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Bon-Ton Department Stores, Inc.)
Liability of Member. To the fullest extent permitted under the Act, the Member, whether acting as the Member, in its capacity as the Managing Member or the manager of the Company, or in any other capacity, shall not be liable for any debts, obligations or liabilities of the Company or each other, whether arising in tort, contract or otherwise, solely by reason of being a Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Binah Capital Group, Inc.)
Liability of Member. To the fullest extent permitted under the Act, the Member, whether acting as the Member, in its capacity as the manager of the CompanyCom pan y, or in i n any other capacity, shall not be l liable for any debts, obligations or liabilities of the Company or each other, whether arising in i n tort, contract or otherwise, solely by reason of being a Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Radio One, Inc.)
