Common use of Liability to Third Parties Clause in Contracts

Liability to Third Parties. 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 Member shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) for any such debt, obligation or liability, including under any judgment, decree or order of any court.

Appears in 110 contracts

Samples: Limited Liability Company Agreement (Chicagoland Television News, LLC), Limited Liability Company Agreement (Chicagoland Television News, LLC), Limited Liability Company Agreement (Chicagoland Television News, LLC)

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Liability to Third Parties. Except as otherwise expressly 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 solely of the Company, and neither the Member or any Director shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability of the Company by reason of being the Member or order a Director of any courtthe Company.

Appears in 30 contracts

Samples: Limited Liability Company Agreement (United States Heating Oil Fund, LP), Limited Liability Company Agreement (United States Heating Oil Fund, LP), Limited Liability Company Agreement (United States Oil Fund, LP)

Liability to Third Parties. Except as otherwise provided by the Act, no Member shall be liable for the debts, obligations and obligations, or liabilities of the Company, Company (whether arising in contract, tort tort, or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Member shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) for any such debt, obligation or liability), including under any a judgment, decree decree, or order of any courta court or arbitrator.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Dell Inc), Operating Agreement (Dell Inc), Limited Liability Company Agreement (Dell International L.L.C.)

Liability to Third Parties. Except as otherwise provided required 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 no Member, Manager, officer, employee, representative or agent of the Member Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liabilityliability of the Company solely by reason of being a Member or acting as a Manager, including under any judgmentofficer, decree employee, representative or order agent of any courtthe Company.

Appears in 4 contracts

Samples: Operating Agreement (Us Geothermal Inc), Operating Agreement (Us Geothermal Inc), Operating Agreement (Us Geothermal Inc)

Liability to Third Parties. Except as otherwise provided by the Act, the 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, Company and no Member or Officer of the Member Company shall not be obligated personally for any such debts, obligations or liable in any capacity (including as liabilities solely by reason of being a member Member or as a manager Officer of the Company) for any such debt, obligation or liability, including under any judgment, decree or order of any court.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (MPLX Lp), Limited Liability Company Agreement (MPLX Operations LLC)

Liability to Third Parties. 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 no member, manager or officer of the Member Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability of the Company solely by reason of being a member or order acting as a manager or officer of any courtthe Company.

Appears in 2 contracts

Samples: Operating Agreement (Resource Well Services, LLC), Operating Agreement (Atlas Energy Tennessee, LLC)

Liability to Third Parties. Except as otherwise expressly provided by the Act, the debts, obligations and or liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities solely of the Company, and the no Member shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree or order liability of any courtthe Company solely by reason of being a Member.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Magnachip Semiconductor LLC), Limited Liability Company Operating Agreement (Magnachip Semiconductor LLC)

Liability to Third Parties. Except as otherwise provided by the Act, the 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 Member Members, Directors and Officers shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation obligation, or liabilityliability by reason of acting as a Member, including under any judgment, decree or order Director of any courtOfficer of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Eastern Airlines Inc), Operating Agreement (Eglobe Inc)

Liability to Third Parties. Except as otherwise provided by the LLC 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, as such, and no Member of the Member Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation obligation, or liability, including under any judgment, decree or order liability of any courtthe Company solely by reason of being a Member of the Company.

Appears in 1 contract

Samples: Operating Agreement (Pxre Corp)

Liability to Third Parties. 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 Member shall not be obligated personally liable, directly or liable indirectly, including, without limitation, by way of indemnification, contribution, assessment or otherwise in any capacity (including as a member or as a manager of the Company) for any such debt, obligation or liability, including under any judgment, decree or order of any court.

Appears in 1 contract

Samples: Operating Agreement (COURIER Corp)

Liability to Third Parties. Except as otherwise provided by the Act, the The debts, obligations and -------------------------- liabilities of the Company, whether arising in contract, tort or otherwise, Company shall be solely the debts, obligations and liabilities of the Company, and no party hereto, including the Member Owners, nor any member of the Board of Directors nor any Officer shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liabilityliability of the Company, including under any judgment, decree except as otherwise provided in this Agreement or order of any courtby applicable law.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Advanced Glassfiber Yarus LLC)

Liability to Third Parties. Except as otherwise provided by the Act, the 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 no Member shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree or order liability of any courtthe Company solely by reason of being a Member of the Company.

Appears in 1 contract

Samples: Company Agreement (Calair LLC)

Liability to Third Parties. Except as otherwise provided by the Act, the The debts, obligations obligations, and liabilities of the Company, whether arising in contract, tort tort, or otherwise, shall will be solely the debts, obligations obligations, and liabilities of the Company, and the Member shall Members, Directors, Managing Directors and/or Officers will not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation obligation, or liabilityliability by reason of acting as a Member, including under any judgmentDirector, decree or order Managing Director and/or Officer of any courtthe Company.

Appears in 1 contract

Samples: Operating Agreement (International Assets Holding Corp)

Liability to Third Parties. Except as otherwise provided by in 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 Member shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation obligation, or liability, including liability of the Company solely by reason of being a Member. The failure of the Company to observe any formalities or requirements relating to the exercise of its powers or management of its business or affairs under any judgment, decree the Act or order this Agreement shall not be grounds for imposing personal liability on the Member for liabilities of any courtthe Company.

Appears in 1 contract

Samples: Operating Agreement

Liability to Third Parties. Except as otherwise provided by the Act, the 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 no Member or Manager of the Member Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability of the Company solely by reason of being a Member or order acting as a Manager of any courtthe Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Horsehead Corp)

Liability to Third Parties. Except as otherwise provided by the Act, the The debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall will be solely the debts, obligations and liabilities of the Company, and the Member shall will not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree or order liability of any courtthe Company solely by reason of being a Member of the Company.

Appears in 1 contract

Samples: Operating Agreement (R. J. Reynolds Tobacco Co.)

Liability to Third Parties. Except as otherwise provided by the Act, the 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 Member no Shareholder shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree or order liability of any courtthe Company solely by reason of being a Shareholder of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Acco Brands Corp)

Liability to Third Parties. 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 Member shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree or order liability of any courtthe Company solely by reason of being a Member of the Company.

Appears in 1 contract

Samples: Operating Agreement (Hospitality Distribution Inc)

Liability to Third Parties. Except as otherwise provided by the ActChapter 1705, 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 no Member or Manager of the Member Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability of the Company solely by reason of being a Member or order acting as a Manager of any courtthe Company.

Appears in 1 contract

Samples: Operating Agreement (American Greetings Corp)

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Liability to Third Parties. Except as otherwise provided by the LLC 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 no Member, member of the Member Committee or officer of the Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liabilityliability of the Company solely by reason of being a Member, including under any judgment, decree or order acting as a member of any courtthe Committee or as an officer of the Company.

Appears in 1 contract

Samples: Operating Agreement (Innovex Inc)

Liability to Third Parties. a. Except as otherwise provided by the Act, the debts, obligations and liabilities Liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities Liabilities of the Company, and no Member or Board Member, nor any director, manager, officer, employee or agent of any of the Member Members, shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debtLiability of the Company solely by reason of being a Member, obligation acting as a Board Member or liability, including under any judgment, decree or order serving in a representative capacity on behalf of any courtof the Members.

Appears in 1 contract

Samples: Operating Agreement (Caladrius Biosciences, Inc.)

Liability to Third Parties. Except as otherwise provided by the Act, the 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. To the fullest extent permitted by law, and the no Member shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree or order liability of any courtthe Company solely by reason of being a Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (FUND.COM Inc.)

Liability to Third Parties. Except as otherwise provided by the Act, the 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 Member no Manager shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation obligation, or liability, including under any judgment, decree liability by reason of his or order her acting as a Manager of any courtthe Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sheldahl Inc)

Liability to Third Parties. Except as otherwise provided by the Act, the debts, obligations and liabilities of the Company, whether arising in contracttort, tort contract or otherwise, shall be solely the debts, obligations and liabilities of the Company, and neither the Member nor any “manager” (as such term is defined under the Act) shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability of the Company solely by reason of being the Member or order acting as a “manager” of any courtthe Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CSI Technologies, LLC)

Liability to Third Parties. 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 no Member or Manager of the Member Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability of the Company solely by reason of being a Member or order acting as the Manager of any courtthe Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Americasdoctor Com Inc)

Liability to Third Parties. Except as otherwise provided by the Act, the 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, Company and the no Member shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liabilityliability of the Company solely by reason of being a Member of the Company. Except as otherwise provided in this Agreement, including under any judgmentthe liability of the Members, decree or order as such, shall be limited to the amount of any courtcapital contributions that the Members have made to the Company.

Appears in 1 contract

Samples: Operating Agreement (Wilshire Enterprises Inc)

Liability to Third Parties. Except as otherwise expressly 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 solely of the Company, and the no Member or Manger shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability of the Company solely by reason of being a Member or order Manager of any courtthe Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Avalon GloboCare Corp.)

Liability to Third Parties. (a) 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 no Member, nor any director, manager, officer, employee or agent of any of the Member Members, shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debtliability of the Company solely by reason of being a Member, obligation acting as a Managing Member or liability, including under any judgment, decree or order serving in a representative capacity on behalf of any courtof the Members.

Appears in 1 contract

Samples: Preferred Securities Purchase Agreement (Leucadia National Corp)

Liability to Third Parties. Except as otherwise provided by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort tort, strict liability or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member or Manager of the Member Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability of the Company solely by reason of being a Member or order acting as a Manager of any courtthe Company.

Appears in 1 contract

Samples: Operating Agreement (Ridgewood Electric Power Trust Iv)

Liability to Third Parties. Except as otherwise provided by the Act, the 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 no Member or Officer of the Member Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability of the Company solely by reason of being a Member or order acting as a Officer of any courtthe Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Liability to Third Parties. Except as otherwise provided by the Act, the 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 no Member or any officer of the Member Company shall not be obligated or liable in any capacity (including as a member or as a manager of the Company) personally for any such debt, obligation or liability, including under any judgment, decree liability by reason of his or order her acting as a Member or officer of any courtthe Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Imperial Holdings, LLC)

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