Liability to Third Parties. Except as may be expressly provided in a separate, written guaranty or other agreement executed by the Member or the Board, neither the Member nor any Manager of the Board shall be liable for the debts, obligations or liabilities of the Company, including under a judgment, decree or order of a court.
Appears in 9 contracts
Samples: Operating Agreement (RAC Mexico Holdings II, LLC), Operating Agreement (RAC Mexico Holdings II, LLC), Operating Agreement (RAC Mexico Holdings II, LLC)
Liability to Third Parties. Except as may be expressly provided in a another separate, written guaranty or other agreement executed by the a Member, no Member or the Board, neither the Member nor any Manager of the Board shall be liable for the debts, obligations or liabilities Liabilities of the Company, including under a judgment, decree or order of a court. Except as otherwise provided in this Agreement, no Member has the authority or power to act for or on behalf of or bind the Company or to incur any expenditures on behalf of the Company.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Energy Transfer Equity, L.P.), Limited Liability Company Agreement (Energy Transfer Equity, L.P.), Limited Liability Company Agreement (QR Energy, LP)
Liability to Third Parties. Except as may be expressly provided in a separate, written guaranty or other agreement executed by the Member or the Board, neither Neither the Member nor any Manager of the Board of Directors shall be liable for the debts, obligations or liabilities of the Company, including including, without limitation, under a judgment, decree or order of a court.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (KNOT Offshore Partners LP), Limited Liability Company Agreement (Seadrill Partners LLC)
Liability to Third Parties. Except as may be expressly provided in a another separate, written guaranty or other agreement executed by a Member, to the fullest extent permitted by Law, no Member or the Board, neither the Member nor any Manager of the Board shall be liable for the debts, obligations or liabilities Liabilities of the Company, including under a judgment, decree or order of a court. Except as otherwise provided in this Agreement, no Member (other than the Managing Member in its capacity as the managing member of the Company) has the authority or power to act for or on behalf of or bind the Company or to incur any expenditures on behalf of the Company.
Appears in 3 contracts
Samples: Agreement and Plan of Merger, Limited Liability Company Agreement (Williams Companies Inc), Limited Liability Company Agreement (Energy Transfer Equity, L.P.)
