Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member will be entitled to look only to the assets of the Fund for Distributions (including Distributions in liquidation) and the Parties will have no personal liability for any Distributions.
Appears in 7 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Limitations on Payments Made in Dissolution. Except as otherwise specifically provided in this Agreement, each Member will be entitled to look only to the assets of the Fund Company for Distributions (including Distributions in liquidation) and the Parties will have no personal liability for any Distributions.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Freeport Holdings Series LLC), Limited Liability Company Operating Agreement, Limited Liability Company Agreement
