Common use of Assets of the Company Clause in Contracts

Assets of the Company. Any indemnification under this Article VIII shall be satisfied solely out of the assets of the Company. No debt shall be incurred by the Company or the Member in order to provide a source of funds for any indemnity, and the Member shall not have any liability (or any liability to make any additional Capital Contribution) on account thereof.

Appears in 34 contracts

Samples: Operating Agreement (Casino One Corp), Operating Agreement (Williams Electronic Games, Inc.), Limited Liability Company Agreement (Ace Gaming LLC)

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Assets of the Company. Any indemnification under this Article VIII IX shall be satisfied solely out of the assets of the Company. No debt shall be incurred by the Company or the Member in order to provide a source of funds for any indemnity, and the Member shall not have any liability (or any liability to make any additional Capital Contribution) on account thereof.

Appears in 20 contracts

Samples: Operating Agreement (Wynn Las Vegas Capital Corp), Operating Agreement (Wynn Las Vegas Capital Corp), Operating Agreement (Wynn Las Vegas Capital Corp)

Assets of the Company. Any indemnification under this Article VIII IX shall be satisfied solely out of the assets of the Company. No debt shall be incurred by the Company or the Member in order to provide a source of funds for any indemnity, and the Member shall not have any liability (or any liability to make any additional Capital Contribution) on account thereof.. ARTICLE X

Appears in 4 contracts

Samples: Operating Agreement (World Travel LLC), World Travel LLC, World Travel LLC

Assets of the Company. Any indemnification under this Article VIII shall be satisfied solely out of the assets of the Company. No debt shall be incurred by the Company or the Member in order to provide a source of funds for any indemnity, and the Member shall not have any liability (or any liability obligation to make any additional Capital Contribution) on account thereof.

Appears in 3 contracts

Samples: Operating Agreement (Harrah's Atlantic City Operating Company, LLC), Operating Agreement (New Gaming Capital Partnership), Operating Agreement (New Gaming Capital Partnership)

Assets of the Company. Any indemnification under this Article VIII shall be satisfied solely out of the assets of the Company. No debt shall be incurred by the Company or the Member in order to provide a source of funds for any indemnity, and the Member shall not have any liability (or any obligation or liability to make any additional Capital Contribution) on account thereof.

Appears in 1 contract

Samples: Operating Agreement (Wynn Las Vegas LLC)

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Assets of the Company. Any indemnification under this Article VIII shall be satisfied solely out of the assets of the Company. No debt shall be incurred by the Company or the Member in order to provide a source of funds for any indemnity, and the Member shall not have any liability (or any liability obligation to make any additional Capital Contribution) on account thereof.

Appears in 1 contract

Samples: Operating Agreement (New Gaming Capital Partnership)

Assets of the Company. Any indemnification under this Article VIII IX shall be satisfied solely out of the assets of the Company. No debt shall be incurred by the Company or the Member in order to provide a source of funds for any indemnity, and the Member shall not have any liability (or any liability to make any additional Capital Contribution) on account thereof.to

Appears in 1 contract

Samples: World Travel LLC

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