Common use of Liability of the Members Clause in Contracts

Liability of the Members. The Members shall not have any liability for the obligations or liabilities of the Company except to the extent expressly provided in the Delaware Act.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Blackstone Holdings I L.P.), Limited Liability Company Agreement (Blackstone Holdings I L.P.), Limited Liability Company Agreement (Hale Capital Partners, LP)

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Liability of the Members. The Members shall will not have any liability for the obligations or liabilities of the Company except to the extent expressly provided in the Delaware Act.

Appears in 3 contracts

Samples: Operating Agreement (CSI Canada LLC), Operating Agreement (Newpage Port Hawkesbury Holding LLC), Operating Agreement (Rumford Falls Power CO)

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Liability of the Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the extent expressly provided in the Delaware Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Safeway Stores 42, Inc.)

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