Common use of Exculpation of Liability Clause in Contracts

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member shall not be liable for the acts, debts, or liabilities of the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member shall not be liable to any other Member, Officer, the Company, or any third party for the acts, debts, debts or liabilities of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Grede Wisconsin Subsidiaries LLC), Operating Agreement (Jernberg Industries, LLC)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member shall will not be liable for the acts, debts, debts or liabilities of the Company.

Appears in 1 contract

Samples: First Amended Operating Agreement (Noninvasive Medical Technologies Inc)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member or Manager, or both, shall not be liable to any other Member, any Manager, the Company, or any third party for the acts, debts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Biolabs Inc)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member or Manager shall not be liable for the acts, debts, or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Grede Wisconsin Subsidiaries LLC)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member shall not be liable to any other Member, Officer, the Company or any other third party for the acts, debts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Jernberg Industries, LLC)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member shall not be liable for the acts, debts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Medical Evaluation Specialists)

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Exculpation of Liability. Indemnification. Unless otherwise provided by law or expressly assumed, a person who is a the sole Member shall not be liable for the acts, debts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member Member, Manager or Officer, shall not be liable to any other Member, Manager, Officer, the Company, or any third party for the acts, debts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Jernberg Industries, LLC)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member Member, shall not be liable for the acts, debts, or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member shall not be liable for the acts, debts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement

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