Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions except as provided in Section 7.6 or as otherwise required by law.
Appears in 18 contracts
Samples: Operating Agreement (Granite Falls Energy, LLC), Operating Agreement (Granite Falls Energy, LLC), Operating Agreement (Granite Falls Energy, LLC)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her the Member's respective Capital Contributions Contributions, except as provided in Section 7.6 or as otherwise required by law.
Appears in 6 contracts
Samples: Operating Agreement (Capital Cities Fund, LLC), Operating Agreement (Capital Cities Fund, LLC), Operating Agreement (Capital Cities Fund, LLC)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions and any obligation of the Member under Section 8.01 or 8.02 to make Capital Contributions, except as provided in Section 7.6 6.07 herein or as otherwise required by law.
Appears in 4 contracts
Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Badlands Power Fuels, LLC)
Company Debt Liability. A Member will not be personally liable for any debts or losses Losses of the Company beyond his or her the Member’s respective Capital Contributions Contributions, except as provided in Section 7.6 or as otherwise required by lawlaw or any personal guarantees or financing requirements.
Appears in 3 contracts
Samples: Operating Agreement (Own Our Own Fund I, LLC), Operating Agreement (Own Our Own Fund I, LLC), Operating Agreement (Own Our Own Fund I, LLC)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her the Member's respective Capital Contributions and any obligation of the Member under section 8.01 or 8.02 below to make Capital Contributions, except as provided in Section 7.6 section 6.07 below or as otherwise required by law.
Appears in 3 contracts
Samples: Operating Agreement (Browsesafe Com Inc), Operating Agreement (Horsburgh & Scott Co), Operating Agreement (Horsburgh & Scott Co)
Company Debt Liability. A Member will shall not be personally liable for any debts or losses of the Company beyond his or her the Member's respective Capital Contributions and any obligation of the Member under Sections 8.1 or 8.2 hereof to make Capital Contributions, except as provided in Section 7.6 6.6 hereof or as otherwise required by law.
Appears in 2 contracts
Samples: Operating Agreement (Prime Hospitality Corp), Prime Hospitality Corp
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective any obligation of the Member under Section 8.1 to make Capital Contributions except as provided in Section 7.6 or as otherwise required by lawContributions.
Appears in 2 contracts
Samples: Operating Agreement (Homegold Financial Inc), Operating Agreement (Homegold Financial Inc)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her its respective Capital Contributions and any obligation of the Member under Section 8.01 or 8.02 to make Capital Contributions, except as provided in Section 7.6 6.06 herein or as otherwise required by law.
Appears in 2 contracts
Samples: Stratus Services Group Inc, Operating Agreement (Murdock Communications Corp)
Company Debt Liability. A Except as otherwise provided by law, a Member will not personally be personally liable for any debts debts, losses, liabilities or losses obligations of the Company beyond his or her such Member’s respective Capital Contributions except as provided in Section 7.6 or as otherwise required by law.Contribution, except:
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement, Limited Liability Company Agreement (Horizon Health Corp /De/)
Company Debt Liability. A Member will not personally be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions Company, except as provided in Section 7.6 or as otherwise required by lawthe Act.
Appears in 2 contracts
Samples: Operating Agreement (Strategic Realty Trust, Inc.), Operating Agreement (Strategic Realty Trust, Inc.)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions and any obligation of the Member under Section 9.01 or 9.02 to make Capital Contributions, except as provided in Section 7.6 herein by separate written agreement or instrument, or as otherwise required by law.
Appears in 2 contracts
Samples: Operating Agreement (Cal Maine Foods Inc), Operating Agreement (Cal Maine Foods Inc)
Company Debt Liability. A Except as may be separately agreed, a Member will not be personally liable for any debts or losses of the Company beyond his or her its respective Capital Contributions and any obligation of the Member under this Agreement to make Capital Contributions, except as provided in Section 7.6 3.4 herein or as otherwise required by law.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Magellan Petroleum Corp /De/)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her the Member’s respective Capital Contributions except as provided in Section 7.6 or as otherwise required by law.
Appears in 2 contracts
Samples: Operating Agreement (Performance Drilling Co LLC), Operating Agreement (Performance Drilling Co LLC)
Company Debt Liability. A The Member will not be personally liable for any debts or losses of the Company beyond his or her respective the Member's Capital Contributions Contribution except as provided in Section 7.6 6.4 herein or as otherwise required by law.
Appears in 2 contracts
Samples: Operating Agreement (Majestic Investor Capital Corp), Operating Agreement (Majestic Star Casino LLC)
Company Debt Liability. A Member will shall not be personally liable for any debts or losses of the Company beyond his or her respective such Member's Capital Contributions and any obligation of the Member under Article 8 below to make Capital Contributions, except as provided in Section 7.6 or as otherwise required by law.
Appears in 1 contract
Samples: Operating Agreement (Kma Global Soulutions International Inc)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective its Capital Contributions Contribution except as provided in Section 7.6 or as otherwise required by law5.8 herein.
Appears in 1 contract
Samples: Limited Liability Company Agreement (United Realty Trust Inc)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions and any obligation of the Member under Section 8.1 or 8.2 to make Capital contributions, except as provided in Section 7.6 6.7 herein or as otherwise required by law.
Appears in 1 contract
Samples: Operating Agreement (Guardian Technologies International Inc)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her the Member’s respective Capital Contributions and any obligation of the Member under Section 8.01 or 8.02 herein to make Capital Contributions, except as provided in Section 7.6 6.07 herein or as otherwise required by law.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (New Gaming Capital Partnership)
Company Debt Liability. A Member will shall not be personally liable for any debts debts, obligations, liabilities or losses of the Company beyond his or her respective its Capital Contributions except as provided in Section 7.6 or as otherwise required by lawContribution.
Appears in 1 contract
Company Debt Liability. A The Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions Company, except as provided in Section 7.6 or as otherwise required by lawthe Act.
Appears in 1 contract
Samples: Operating Agreement (Rainbow Casino-Vicksburg Partnership, L.P.)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her its respective Capital Contributions Contribution and any obligation of the Member under Section 7.01 to make Capital Contributions, except as provided in Section 7.6 5.10 or as otherwise required by law.
Appears in 1 contract
Samples: Operating Agreement
Company Debt Liability. A Member will not personally be personally liable for any debts or losses of the Company beyond his his, her or her its respective Capital Contributions Contributions, except as provided in Section 7.6 or as otherwise required by law.
Appears in 1 contract
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions Contributions, except as provided in Section 7.6 6.5 or as otherwise required by law.
Appears in 1 contract
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond in excess of his or her respective Capital Contributions Contributions, except as otherwise specifically provided in Section 7.6 or as otherwise required by law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Blue Holdings, Inc.)
Company Debt Liability. A Except as required pursuant to the Act, a Member will not be personally liable for any debts or losses of the Company beyond his or her respective the Member’s Capital Contributions except as provided in Section 7.6 or as otherwise required by lawContribution.
Appears in 1 contract
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her the Member’s respective Capital Contributions capital contributions, except as provided in Section 7.6 or as otherwise required by law.
Appears in 1 contract
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her the Members' respective Capital Contributions and any obligation of the Members under Section 8.01 or 8.02 below to make Capital Contributions, except as provided in Section 7.6 6.08 below or as otherwise required by law.. - 11 - 6.05
Appears in 1 contract
Company Debt Liability. A Member will not be personally liable for any debts obligations or losses of the Company beyond his or her its respective Capital Contributions Company Interest except as provided in Section 7.6 or as otherwise required by law5.06 herein.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Lightstone Real Estate Income Trust Inc.)
Company Debt Liability. A Member will Members shall not be personally liable for any debts or losses of the Company beyond his or her their respective Capital Contributions except as provided in Section 7.6 and any obligation of any such Member to make Capital Contributions, or as otherwise required by law.
Appears in 1 contract
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his the Member’s respective Capital Contributions and any obligation of the Member under section 6.7 related to Manufacturer’s Bank and section 8.1 or her respective 8.2 to make Capital Contributions except as provided in Section 7.6 section 6.6 herein, as specifically agreed upon in writing with creditors of the Company or as otherwise required by law.
Appears in 1 contract
Company Debt Liability. A Member Except as agreed separately, a member will not be personally liable for any debts or losses of the Company beyond his or her outside its respective Capital Contributions and any obligation of the member under this Agreement to make capital contributions, except as provided for in Section 7.6 3.4 herein or as otherwise required by law.. 6.3
Appears in 1 contract
Samples: Operating Agreement
Company Debt Liability. A Member will not be personally liable for any acts, debts or losses of the Company beyond his or her respective Capital Contributions except as provided in Section 7.6 or as otherwise unless required by law.
Appears in 1 contract
Samples: C-Bond Systems, Inc
Company Debt Liability. A No Member will not be personally liable for any ---------------------- debts or losses of the Company beyond his or her their respective Capital Contributions and any obligation of the Members under Section 8.01 or 8.02 to make Capital Contributions, except as provided in Section 7.6 6.07 herein or as otherwise required by law.
Appears in 1 contract
Samples: Operating Agreement (Universe2u Inc)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her the Member’s respective Capital Contributions except and obligations to make Capital Contributions as provided in Section 7.6 herein or except as otherwise required by lawlaw or pursuant to any written guarantees executed and delivered to third parties.
Appears in 1 contract
Samples: Operating Agreement (Torvec Inc)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions and any obligation of the Member under Section 3.2 to make Capital Contributions, except as provided in Section 7.6 5.8 herein or as otherwise required by law.
Appears in 1 contract
Company Debt Liability. A The Member is not and will not be held personally liable for any debts debts, obligations or losses of the Company beyond his Company, whether arising in tort, contract, or her respective Capital Contributions otherwise, except as expressly provided in Section 7.6 under this Agreement or as otherwise required by lawthe Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Company Debt Liability. A Member will not be personally liable ---------------------- for any debts or losses of the Company beyond his or her respective Capital Contributions and any obligation of the Member under this Agreement to make additional Capital Contributions, except as provided in Section 7.6 herein or as otherwise required by law.
Appears in 1 contract
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions and any obligation of the Member under Section 6.01 and 6.02 to make Capital Contributions, except as provided in Section 7.6 4.07 or as otherwise required by law.
Appears in 1 contract
Samples: Regulations and Operating Agreement (Dynacq International Inc)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her the Members' respective Capital Contributions and any obligation of the Members under Section 8.01 or 8.02 below to make Capital Contributions, except as provided in Section 7.6 6.08 below or as otherwise required by law.
Appears in 1 contract
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions and any obligation of the Member under Section 3.1 or 3.2 to make Capital Contributions, except as provided in Section 7.6 this agreement herein or as otherwise required by law.
Appears in 1 contract
Samples: Operating Agreement (Kti Inc)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her its respective Capital Contributions Company Interest except as provided in Section 7.6 or as otherwise required by law5.07 herein.
Appears in 1 contract
Samples: Operating Agreement (Interstate Hotels & Resorts Inc)
Company Debt Liability. A Member will not be personally liable for any debts or losses of the Company beyond his or her respective Capital Contributions and any obligation of the Member under Section 8.1 or 8.2 to make Capital Contributions, except as provided in Section 7.6 6.7 herein or as otherwise required by law.
Appears in 1 contract