Common use of Limited Liability of Members Clause in Contracts

Limited Liability of Members. No Member shall be liable for any debts or obligations of the Company beyond the amount of the Capital Contributions made by such Member.

Appears in 14 contracts

Samples: Limited Liability Company Operating Agreement (Redwood Mortgage Investors IX), Limited Liability Company Operating Agreement (Redwood Mortgage Investors IX), Limited Liability Company Operating Agreement (Redwood Mortgage Investors IX)

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Limited Liability of Members. No Member The Members, including the Managing Member, shall not be liable for any debts debts, obligations or obligations liabilities of the Company beyond the amount of the Capital Contributions made by such MemberCompany.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (United Maritime Group, LLC), Limited Liability Company Agreement (United Maritime Group, LLC), Limited Liability Company Agreement (United Maritime Group, LLC)

Limited Liability of Members. No Member in its capacity as a Member shall be liable for any debts debts, obligations or obligations liabilities of the Company beyond the amount of the Capital Contributions made by such MemberCompany.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Ambase Corp), Limited Liability Company Agreement (Ambase Corp), Limited Liability Company Agreement (Broadview Networks Holdings Inc)

Limited Liability of Members. No Member shall be liable for any debts or obligations of the Company beyond the amount of the Capital Contributions made by such Memberother than as provided in Section 17.1.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC), Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC), Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC)

Limited Liability of Members. No Member shall be liable required to make any contribution to the capital of the Company for the payment of any Losses or for any other purposes; nor shall any Member be responsible or obligated to any third party for any debts or obligations liabilities of the Company beyond the amount in excess of the sum of that Member’s total Capital Contributions made by such MemberContribution and share of any undistributed Profits of the Company.

Appears in 6 contracts

Samples: Operating Agreement (Aurora Fund I, LLC), Operating Agreement (ADPI Fund I, LLC), Operating Agreement (ADPI Fund I, LLC)

Limited Liability of Members. No Member shall be liable for any debts or obligations of the Company beyond the amount of the Capital Contributions made by such Memberother than as provided in Section 16.1.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC), Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC), Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC)

Limited Liability of Members. No Member shall be liable required to make any contribution to the capital of the Company for the payment of any losses, nor shall any Member be responsible or obligated to any third party for any debts or obligations liabilities of the Company beyond the amount in excess of the sum of that Member’s total Capital Contributions made by such MemberContribution and share of any undistributed profits of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Cardone REIT I, LLC), Operating Agreement

Limited Liability of Members. No Member or any of its Affiliates shall be liable have any liability for any debts the debts, obligations or obligations liabilities of the Company beyond the amount or of the Capital Contributions made by such any other Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC), Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC)

Limited Liability of Members. No The Members in their capacity as a Member shall not be liable for any debts debts, obligations or obligations liabilities of the Company beyond the amount of the Capital Contributions made by such MemberCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cole Kenneth Productions Inc), Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC)

Limited Liability of Members. No Member shall be liable for any debts of the losses, debts, liabilities, or obligations of the Company or be required (except as provided in Section 2.7 hereof) to contribute any capital beyond his required Capital Contribution or to lend any funds to the amount Company except that a Member may be required by law pursuant to the Act to return all or a portion of the his Capital Contributions made by such MemberContribution which has been distributed to him.

Appears in 2 contracts

Samples: Operating Agreement (Servico Market Center Inc), Operating Agreement (Servico Market Center Inc)

Limited Liability of Members. No Member shall be liable required to make any contribution to the capital of the Company for the payment of any losses, nor shall any Member be responsible or obligated to any third party for any debts or obligations liabilities of the Company beyond the amount in excess of the sum of that Member’s total Capital Contributions made by such Member.Contribution and share of any undistributed profits of the Company. OPERATING AGREEMENT OF CARDONE EQUAL OPPORTUNITY FUND 2, LLC

Appears in 2 contracts

Samples: Operating Agreement (Cardone Equal Opportunity Fund 2, LLC), Operating Agreement (Cardone Equal Opportunity Fund 2, LLC)

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Limited Liability of Members. No Member shall be liable for any debts the debts, liabilities, contracts or other obligations of the Company beyond except to the amount extent of any unpaid Capital Contributions a Member has agreed to make to the Company and a Member's share of the assets (including undistributed revenues) of the Company; and in all events, a Member shall be liable and obligated to make payments of his Capital Contributions made by only as and when such Memberpayments are due in accordance with the terms of these Regulations, and no Member shall be required to make any loans to the Company.

Appears in 1 contract

Samples: Ilex Oncology Inc

Limited Liability of Members. No Member shall be liable required to make any contribution to the capital of the Company for the payment of any Losses or for any other purposes; nor shall any Member be responsible or obligated to any third party for any debts or obligations liabilities of the Company beyond the amount in excess of the sum of that Member’s total Capital Contributions made by such Member.Contribution and share of any undistributed Profits of the Company. OPERATING AGREEMENT OF ADPI FUND I, LLC 17 OF 34

Appears in 1 contract

Samples: Operating Agreement (ADPI Fund I, LLC)

Limited Liability of Members. No Member The Members, including the Sole Member, shall not be liable for any debts debts, obligations or obligations liabilities of the Company beyond the amount of the Capital Contributions made by such MemberCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cogdell Spencer Inc.)

Limited Liability of Members. No Member shall be liable for the debts, obligations or liabilities of the Company beyond such Member's Agreed Contributions to the Company. No Member shall be required to make any debts Capital Contribution or obligations of loan to the Company beyond the amount of the Capital Contributions made by such Member's Agreed Contribution.

Appears in 1 contract

Samples: Company Agreement (Martin Midstream Partners Lp)

Limited Liability of Members. No Member The Members, including the Member, shall not be liable for any debts debts, obligations or obligations liabilities of the Company beyond the amount of the Capital Contributions made by such MemberCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tw Telecom Inc.)

Limited Liability of Members. No Member shall be liable required to make any contribution to the capital of the Company for the payment of any losses, nor shall any Member be responsible or obligated to any third party for any debts or obligations liabilities of the Company beyond the amount in excess of the sum of that Member’s total Capital Contributions made by such Member.Contribution and share of any undistributed profits of the Company. AMENDED OPERATING AGREEMENT OF

Appears in 1 contract

Samples: Amended Operating Agreement (Cardone REIT I, LLC)

Limited Liability of Members. No Member shall be bound by, or be personally liable for any debts for, the expenses, liabilities, indebtedness or obligations of the Company beyond the amount or of the Capital Contributions made by such Memberother Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Glimcher Realty Trust)

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