Common use of Funding of Indemnification Obligation Clause in Contracts

Funding of Indemnification Obligation. Any indemnification by the Company pursuant to this section 6.2.3 shall be provided out of and to the extent of Company assets only, and no Member shall have personal liability on account thereof or shall be required to make additional capital contributions to help satisfy such indemnification obligation.

Appears in 33 contracts

Samples: Limited Liability Company Agreement (Nv Reit LLC), Limited Liability Company Agreement (Nv Reit LLC), Limited Liability Company Agreement (Energea Portfolio 3 Africa LLC)

AutoNDA by SimpleDocs

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 14.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 8 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)

Funding of Indemnification Obligation. Any indemnification by the Company pursuant to this section 6.2.3 6.3 shall be provided out of and to the extent of Company assets only, and no Member Stockholder (unless such Stockholder otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions to help satisfy such indemnification obligation.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (American Homeowner Preservation 2015A LLC), Limited Liability Company Agreement (Af 2019 NPL a LLC), Limited Liability Company Agreement (Af 2018 NPL a LLC)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 13.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Ternio, LLC), Operating Agreement (Verb Technology Company, Inc.), Operating Agreement (Atlanticus Holdings Corp)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 8.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Lendway, Inc.), Limited Liability Company Agreement (CurrencyWorks Inc.), Limited Liability Company Agreement (Creatd, Inc.)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 10.2 shall be provided out of and to the extent of Company assets only, and no Company Member (unless such Company Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 5 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 8.01 shall be provided out of and to the extent of Company assets only, and no Member Shareholder (unless such Shareholder otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 5 contracts

Samples: Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (Hempacco Co., Inc.), Joint Venture Agreement (High Sierra Technologies, Inc.)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 9.01 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 4 contracts

Samples: Operating Agreement (Hempacco Co., Inc.), Limited Liability Company Operating Agreement (iPower Inc.), Limited Liability Company Operating Agreement (iPower Inc.)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 11.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Canopy Growth Corp), Limited Liability Company Agreement (Canopy Growth Corp), Limited Liability Company Agreement (Canopy Growth Corp)

Funding of Indemnification Obligation. Any indemnification by the Company pursuant to this section Section 6.2.3 shall be provided out of and to the extent of Company assets only, and no Member shall have personal liability on account thereof or shall be required to make additional capital contributions to help satisfy such indemnification obligation.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Concreit Fund I LLC), Limited Liability Company Agreement (Concreit Fund I LLC), Investment Agreement

Funding of Indemnification Obligation. Any indemnification by the Company pursuant to this section 6.2.3 9.2.3 shall be provided out of and to the extent of Company assets only, and no Member shall have personal liability on account thereof or shall be required to make additional capital contributions to help satisfy such indemnification obligation.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (iCross Premiere LLC), Limited Liability Company Agreement (YOBI CAPITAL FUND Corp), Limited Liability Company Agreement (YOBI CAPITAL FUND Corp)

Funding of Indemnification Obligation. Any indemnification by the Company pursuant to this section 6.2.3 7.2.3 shall be provided out of and to the extent of Company assets only, and no Member shall have personal liability on account thereof or shall be required to make additional capital contributions to help satisfy such indemnification obligation.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Multi-Housing Income REIT, LLC), Limited Liability Company Agreement (Multi-Housing Income REIT, Inc.)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 § 13.2 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Forterra, Inc.)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 8.3 shall be provided out of and to the extent of Company assets only, and no Member Stockholder (unless such Stockholder otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions to help satisfy such indemnification obligationthereof.

Appears in 2 contracts

Samples: Stockholders Agreement (Capstone Therapeutics Corp.), Stockholders Agreement (Capstone Therapeutics Corp.)

AutoNDA by SimpleDocs

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 11.3 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 2 contracts

Samples: Operating Agreement (NextPlay Technologies Inc.), Limited Liability Company Agreement (A-Mark Precious Metals, Inc.)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 9.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 7.2 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 8.3 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grom Social Enterprises, Inc.)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 12.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Defense & National Security Holdings LLC)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 Section 10.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Additional Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 1 contract

Samples: Operating Agreement (BBX Capital Florida LLC)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 shall Section 6.3 must be provided out of and to the extent of Company assets only, and no Member shall have (unless such Member otherwise agrees in writing) has personal liability on account thereof or shall be is required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Vinco Ventures, Inc.)

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to this section 6.2.3 the matters covered in Section 5.5 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Com- pany.

Appears in 1 contract

Samples: Subscription Agreement

Funding of Indemnification Obligation. Any indemnification Notwithstanding anything contained herein to the contrary, any indemnity by the Company pursuant relating to the matters covered in this section 6.2.3 shall Section 14.03shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make additional capital contributions Capital Contributions to help satisfy such indemnification obligationindemnity by the Company.

Appears in 1 contract

Samples: Operating Agreement (Agrify Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.