Limitation of Liability of Members. No Member shall have any liability or obligation for any debts, liabilities or obligations of the Company, or of any agent or employee of the Company, beyond the Member’s Capital Contribution.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (LEAF Equipment Finance Fund 4, L.P.), Limited Liability Company Agreement (Resource America Inc)
Limitation of Liability of Members. No Member The Members shall not have any liability or obligation for any debts, liabilities or obligations of the Company, or of any agent or employee of the Company, beyond the a Member’s Capital Contributioncapital contribution, except as may be expressly required by this Agreement or applicable law.
Appears in 1 contract
Samples: Limited Liability Company Agreement (LEAF Equipment Finance Fund 4, L.P.)
Limitation of Liability of Members. No Member shall have any liability or obligation for any debts, liabilities or obligations of the Company, or of any agent or employee of the Company, beyond the Member’s Capital Contributioncapital contribution, except as may be expressly required by this Agreement or applicable law.
Appears in 1 contract
