Limited Liabilities. 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 for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.
Appears in 24 contracts
Samples: Limited Liability Company Agreement (Jacobs Entertainment Inc), Limited Liability Company Agreement (Jacobs Entertainment Inc), Limited Liability Company Agreement (Jacobs Entertainment Inc)
Limited Liabilities. 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 shall, not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Colonial Downs, LLC)
