Gross Negligence. “Gross Negligence” shall mean a Member’s failure, through act or omission, to perform a material duty specifically set forth herein in reckless disregard of the consequences thereof. 1.55
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Winter Sports Inc /New), Limited Liability Company Agreement (Winter Sports Inc /New)
Gross Negligence. “Gross Negligence” shall mean a Member’s failure, through act or omission, to perform a material duty specifically set forth herein in reckless disregard of the consequences thereof. 1.551.54
Appears in 1 contract
Samples: Limited Liability Company Agreement (Winter Sports Inc /New)
Gross Negligence. “Gross Negligence” shall mean a Member’s failure, through act or omission, to perform a material duty specifically set forth herein in reckless disregard of the consequences thereof. 7 1.55
Appears in 1 contract
Samples: Limited Liability Company Agreement (Winter Sports Inc /New)
