Limitation of Liability and Indemnification of Member. (a) Except as otherwise required by the Delaware Act, the Member shall not be liable for the debts, obligations or liabilities of the Company, whether arising in contract, tort, or otherwise, solely by reason of being a member of the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Gulfport Energy Corp), Limited Liability Company Agreement (Gulfport Energy Corp), Limited Liability Company Agreement (Resolute Energy Corp)
Limitation of Liability and Indemnification of Member. (a) Except as otherwise required by the Delaware LLC Act, the Member shall not be liable for the debts, obligations or liabilities of the Company, whether arising in contract, tort, or otherwise, solely by reason of being a member of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Constellation Energy Partners LLC)
