Liability for Certain Acts. No Manager shall be liable to the Company or to a Member for any loss or damage sustained by the Company or a Member (or successor thereto), except to the extent, if any, that the loss or damage shall have been the result of gross negligence, fraud, deceit, willful misconduct, or breach of this Agreement.
Appears in 2 contracts
Sources: Operating Agreement (Sligo Partners LLC), Operating Agreement (Sligo Partners LLC)
Liability for Certain Acts. No The Manager shall not be liable to the Company or to a the Member for any loss or damage sustained by the Company or a the Member (or successor thereto), except to the extent, if any, that the loss or damage shall have been the result of gross negligence, fraud, deceit, willful misconduct, or breach of this Agreement.
Appears in 2 contracts
Sources: Operating Agreement (Capitalsource Holdings LLC), Operating Agreement (Capitalsource Holdings LLC)
Liability for Certain Acts. No Manager or Officer shall be liable to the Company or to a the Member for any loss or damage sustained by the Company or a Member (or successor thereto)the Member, except to the extent, if any, that the loss or damage shall have been the result of gross negligence, fraud, deceit, willful misconduct, or willful breach of this AgreementAgreement by such Manager or Officer.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Northrop Grumman Corp /De/), Limited Liability Company Agreement (Northrop Grumman Corp /De/)
Liability for Certain Acts. No Manager shall be liable to the Company or to a any Member for any loss or damage sustained by the Company or a any Member (or successor thereto), except to the extent, if any, that the loss or damage shall have been the result of gross negligence, fraud, deceit, willful misconduct, or breach of this Agreement.
Appears in 1 contract
Liability for Certain Acts. No Manager shall be liable to the Company or to a the Member for any loss or damage sustained by the Company or a Member (or successor thereto)the Member, except to the extent, if any, that unless the loss or damage shall have been the result of gross negligence, fraud, deceit, gross negligence, willful misconduct, or breach of this AgreementAgreement or a wrongful taking by the Manager.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Tronox Pigments Australia Holdings Pty LTD)
Liability for Certain Acts. No Manager shall be liable to the Company or to a the Member for any loss or damage sustained by the Company or a Member (or successor thereto)the Members, except to the extent, if any, that unless the loss or damage shall have been is the result of gross negligence, fraud, deceit, gross negligence, willful misconduct, or breach of this AgreementAgreement or a wrongful taking by the Manager.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Triple S Minerals Resources Corp)
Liability for Certain Acts. No Manager The Managers shall not be liable to the Company or to a any Member or Assignee for any loss or damage sustained by the Company or a any Member (or successor thereto)Assignee, except to the extent, if any, that unless the loss or damage shall have been the result of gross negligence, fraud, deceit, gross negligence, willful misconduct, or breach of this AgreementOperating Agreement or a wrongful taking by the Manager.
Appears in 1 contract
Sources: Operating Agreement (Tb Woods Corp)