Liability of the Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (NRG Retail LLC), Limited Liability Company Agreement (Biolectron, Inc.)
Liability of the Members. All (a) Except as otherwise provided by the Act or herein, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a membermember of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (RenPac Holdings Inc.), Limited Liability Company Agreement (RenPac Holdings Inc.), Limited Liability Company Agreement (RenPac Holdings Inc.)
Liability of the Members. All Except as otherwise provided by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a memberthe Member of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Limited Liability Company Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
Liability of the Members. All (a) Except as otherwise expressly provided in the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members a Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a memberMember.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (AB Commercial Real Estate Private Debt Fund, LLC), Limited Liability Company Operating Agreement (AB Commercial Real Estate Private Debt Fund, LLC), Limited Liability Company Operating Agreement (AB Commercial Real Estate Private Debt Fund, LLC)
Liability of the Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members no Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a memberMember.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (CrossAmerica Partners LP), Limited Liability Company Agreement (FXCM Inc.)
Liability of the Members. All debts, obligations and liabilities of the CompanyGroup, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the CompanyGroup, and the Members no Member shall not be obligated personally for any such debt, obligation or liability of the Company Group solely by reason of being a memberMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Global Brokerage, Inc.)
Liability of the Members. All Except as otherwise provided by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member.
Appears in 1 contract
Liability of the Members. All Except as otherwise expressly provided in the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members no Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a memberMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Institutional Financial Markets, Inc.)
Liability of the Members. All In accordance with the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a memberMember of the Company, notwithstanding Active 61520766.2 the Managing Member’s exercising powers of the Company or managing the business and affairs of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Golar LNG LTD)
Liability of the Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member. Neither Member nor any officer, director, manager, partner or employee of any of the Members, solely by reason of being a Member or an officer, director, manager, partner or employee of a Member, shall be liable for the debts, obligations, losses or liabilities of the Company, including under a judgment decree or order of a court. In addition, a Member’s liability shall be limited as set forth in the Act and other applicable law hereafter in effect.
Appears in 1 contract
Samples: Operating Agreement (Constellation Energy Group Inc)
Liability of the Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member. Except as otherwise expressly provided in the Act, the liability of each Member shall be limited to the amount of capital contributions made by such Member in accordance with the provisions of this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Sequential Brands Group, Inc.)
Liability of the Members. All Except as otherwise required by the Act, the debts, obligations obligations, and liabilities of the Company, whether arising in contract, tort tort, or otherwise, shall be solely the debts, obligations obligations, and liabilities solely of the Company, and the Members shall not be obligated personally for any of such debtdebts, obligation obligations, or liability of the Company liabilities solely by reason of being a memberMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Goldman Sachs Group Inc/)
Liability of the Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members no Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a membermember of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (AGCO International GmbH)
Liability of the Members. All Except as otherwise provided by the Act, the debts, obligations obligations, and liabilities of the Company, whether arising in contract, tort tort, or otherwise, shall be solely the debts, obligations obligations, and liabilities of the Company, and the Members Members, including the Managers, shall not be obligated personally for any such debt, obligation obligation, or liability of the Company solely by reason of being a memberCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (BOSTON OMAHA Corp)
