Liability of Member. The Member shall have no personal liability in its capacity as Member, whether to the Company or to any creditors of the Company or to any other third party, for the debts, liabilities, contracts or any other obligations of the Company, or for any losses of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Nutone Inc), Operating Agreement (Nutone Inc), Limited Liability Company Agreement (Nutone Inc)
Liability of Member. The (a) No Member shall have no any personal liability in its capacity as Member, whether with respect to the Company liabilities or to any creditors of the Company or to any other third party, for the debts, liabilities, contracts or any other obligations of the Company, or for except to the extent that the Member expressly and voluntarily assumes in writing any losses obligations of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Luna Azul Development Fund, LLC), Limited Liability Company Agreement (Luna Azul Development Fund, LLC), Limited Liability Company Agreement (Luna Azul Development Fund, LLC)
Liability of Member. The Except as otherwise required by applicable law and as explicitly set forth in this Agreement, the Member shall not have no any personal liability whatsoever in its such Member’s capacity as Membera member, whether to the Company or Company, to any the creditors of the Company or to any other third party, for the debts, liabilities, contracts commitments or any other obligations of the Company, Company or for any losses of the Company.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Fintech Acquisition Corp. II), Limited Liability Company Agreement (Rush Street Interactive, Inc.), Business Combination Agreement (dMY Technology Group, Inc.)
Liability of Member. The No Member shall have no personal liability in its capacity as Member, whether to the Company or to any creditors of the Company or to any other third party, be liable for the debts, liabilities, contracts or any other obligations of the Company, or for any losses of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Georesources Inc), Limited Liability Company Agreement (NBL Texas, LLC)
Liability of Member. The Except as otherwise required by applicable law and as explicitly set forth in this Agreement, the Member shall not have no any personal liability whatsoever in its the Member’s capacity as a Member, whether to the Company or Company, to any the creditors of the Company or to any other third party, for the debts, liabilities, contracts commitments or any other obligations of the Company, Company or for any losses of the Company.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Equitrans Midstream Corp), Agreement and Plan of Merger (EQT Corp)
Liability of Member. The Member shall have no personal individual liability in its capacity as Memberwhatsoever, whether to the Company or to any the creditors of the Company, for the debts of the Company or to any other third party, for the debts, of its losses or liabilities, contracts or any other obligations of the Company, or for any losses of the Company.
Appears in 1 contract
Liability of Member. The Except as otherwise required by applicable law and as explicitly set forth in this Restated Agreement, the Member shall not have no any personal liability whatsoever in its such Member’s capacity as Membera member, whether to the Company or Company, to any the creditors of the Company or to any other third party, for the debts, liabilities, contracts commitments or any other obligations of the Company, Company or for any losses of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ICO P&O, Inc.)
Liability of Member. The Member shall have no personal individual liability in its capacity as Memberwhatsoever, whether to the Company or to any the creditors of the Company, for the debts of the Company or to any other third party, for the debts, liabilities, contracts of its losses or any other obligations of the Company, or for any losses of the Companyliability.
Appears in 1 contract
