Limited Liability. 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 321 contracts
Samples: Limited Liability Company Agreement (Level 3 Communications Inc), Limited Liability Company Agreement (Nationwide Health Properties Inc), Limited Liability Company Agreement (Polymer Holdings Capital CORP)
Limited Liability. 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 95 contracts
Samples: Limited Liability Company Agreement (Cnu of Virginia, LLC), Limited Liability Company Agreement (Cnu of Virginia, LLC), Limited Liability Company Agreement (Cnu of Virginia, LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor the Special Members nor any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member or Director of the Company.
Appears in 86 contracts
Samples: Limited Liability Company Agreement (Santander Drive Auto Receivables LLC), Limited Liability Company Agreement (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Fifth Third Holdings Funding, LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and the Member shall not be obligated personally for any such debt, obligation obligation, or liability of the Company solely by reason of being a member Member of the Company.
Appears in 55 contracts
Samples: Limited Liability Company Agreement (Texas Lessor - Stonegate Limited, Inc.), Limited Liability Company Agreement (OHI Asset (CT) Lender, LLC), Limited Liability Company Agreement (OHI Asset (CT) Lender, LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor the Special Member nor any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member or Director of the Company.
Appears in 50 contracts
Samples: Limited Liability Company Agreement (Usaa Acceptance LLC), Limited Liability Company Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Limited Liability Company Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Limited Liability. Except as otherwise provided required by the Actnon-waivable, mandatory provisions of applicable law, 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 of the Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the CompanyMember.
Appears in 41 contracts
Samples: Operating Agreement (UHS of Timberlawn, Inc.), Operating Agreement (UHS of Timberlawn, Inc.), Operating Agreement (UHS of Timberlawn, Inc.)
Limited Liability. Except as otherwise expressly 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 solely 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 Member of the Company.
Appears in 40 contracts
Samples: Limited Liability Company Agreement (PBF Finance Corp), Limited Liability Company Agreement (PBF Logistics Finance Corp), Limited Liability Company Agreement (2420 Lakemont Avenue MM, LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Director of the Company.
Appears in 39 contracts
Samples: Limited Liability Company Agreement (University Club, Inc. (FL)), Limited Liability Company Agreement (Oncor Electric Delivery Co LLC), Limited Liability Company Agreement (University Club, Inc. (FL))
Limited Liability. Except as otherwise expressly 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 solely 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 34 contracts
Samples: Limited Liability Company Agreement (Barrington Quincy LLC), Limited Liability Company Agreement (Barrington Quincy LLC), Limited Liability Company Agreement (Barrington Quincy LLC)
Limited Liability. Except as otherwise provided required 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 31 contracts
Samples: Limited Liability Company Agreement (Barnett Shale Operating LLC), Limited Liability Company Agreement (Terminix Global Holdings Inc), Limited Liability Company Agreement (B&H Contracting, L.P.)
Limited Liability. 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 directly for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.
Appears in 31 contracts
Samples: Limited Liability Company Agreement (Detroit Radio, LLC), Limited Liability Company Agreement (Detroit Radio, LLC), Limited Liability Company Agreement (Detroit Radio, LLC)
Limited Liability. 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 neither the Member nor the Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member or acting as manager of the Company.
Appears in 28 contracts
Samples: Limited Liability Company Agreement (Wcof, LLC), Limited Liability Company Agreement (T-Mobile Innovations LLC), Limited Liability Company Agreement (T-Mobile Innovations LLC)
Limited Liability. 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 none of the Member Member, any Officer (as hereinafter defined), employee or agent of the Company (including a person having more than one such capacity) shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyacting in such capacity.
Appears in 23 contracts
Samples: Agreement and Plan of Merger (Jefferies Financial Group Inc.), Agreement and Plan of Merger (Kinder Morgan Energy Partners L P), Agreement and Plan of Merger (Homefed Corp)
Limited Liability. Except as otherwise provided required 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 Members 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 21 contracts
Samples: Limited Liability Company Agreement, Contribution Agreement (Goosehead Insurance, Inc.), Limited Liability Company Agreement
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor any Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Officer of the Company.
Appears in 21 contracts
Samples: Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC), Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC), Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC)
Limited Liability. Except as otherwise provided by the Act, the 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 20 contracts
Samples: Operating Agreement (CityCenter Holdings, LLC), Operating Agreement (CityCenter Holdings, LLC), Operating Agreement (CityCenter Holdings, LLC)
Limited Liability. 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 no Member or officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member or officer of the Company.
Appears in 19 contracts
Samples: Limited Liability Company Agreement (DCT Chino LLC), Limited Liability Company Agreement (DCT Chino LLC), Limited Liability Company Agreement (DCT Chino LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither any Member nor any Manager, officer or employee of the Member Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Manager, officer or employee of the Company.
Appears in 18 contracts
Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC)
Limited Liability. 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 neither the Member nor any other Indemnitee shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or an Indemnitee. All persons dealing with the Company shall look solely to the assets of the Company for the payment of the debts, obligations, or liabilities of the Company.
Appears in 17 contracts
Samples: Limited Liability Company Agreement (Us Oncology Corporate Inc), Limited Liability Company Agreement (Us Oncology Corporate Inc), Limited Liability Company Agreement (Us Oncology Corporate Inc)
Limited Liability. Except as otherwise expressly provided by the ActAct and notwithstanding anything in herein to the contrary, 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 neither the Member nor any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member member, manager or director of the Company.
Appears in 16 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Limited Liability. Except as otherwise provided by the Act, the The debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities solely of the Company, and the a Member shall not be obligated personally for any of such debtdebts, obligation obligations or liability of the Company liabilities solely by reason of being a member of the CompanyMember.
Appears in 15 contracts
Samples: Limited Liability Company Agreement (TerraForm Power, Inc.), Limited Liability Company Agreement (TerraForm Power, Inc.), Limited Liability Company Agreement (Terraform Global, Inc.)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and the no Member or officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or officer of the Company.
Appears in 14 contracts
Samples: Limited Liability Company Agreement (Verity Administrators, Inc.), Operating Agreement (Medical Evaluation Specialists), Limited Liability Company Agreement (Verity Administrators, Inc.)
Limited Liability. 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 Members 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 14 contracts
Samples: Cement Purchase Agreement (Summit Materials, Inc.), Limited Liability Company Operating Agreement (SFX Entertainment, INC), Limited Liability Company Agreement (Kinder Morgan Inc)
Limited Liability. 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 none of the Member Member, any Officer, employee or agent of the Company (including a person having more than one such capacity) shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyacting in such capacity.
Appears in 14 contracts
Samples: Limited Liability Company Agreement (PERRIGO Co PLC), Limited Liability Company Agreement (LIN Media LLC), Limited Liability Company Agreement (PERRIGO Co PLC)
Limited Liability. 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 none of the Member Member, any Officer, employee or agent of the Company (including a Person having more than one such capacity) shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyacting in such capacity.
Appears in 13 contracts
Samples: Limited Liability Company Agreement (Affinity Guest Services, LLC), Limited Liability Company Agreement (Affinity Guest Services, LLC), Limited Liability Company Agreement (Affinity Guest Services, LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor the Special Members nor any Manager or Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member, Manager or Officer of the Company.
Appears in 13 contracts
Samples: Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (NISSAN AUTO RECEIVABLES Co II LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and none of the Member Member, any Director or any Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Director or Officer of the Company.
Appears in 13 contracts
Samples: Operating Agreement (Pinnacle Towers III LLC), Limited Liability Company Agreement (Pinnacle Towers III LLC), Limited Liability Company Agreement (Pinnacle Towers III LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor the Special Members nor any Director or Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member, Director or Officer of the Company.
Appears in 13 contracts
Samples: Limited Liability Company Agreement (Capital One Auto Receivables LLC), Limited Liability Company Agreement (Huntington Auto Trust 2015-1), Liability Company Agreement (BA Credit Card Funding, LLC)
Limited Liability. 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 no 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 13 contracts
Samples: Limited Liability Company Agreement (Residential Capital, LLC), Limited Liability Company Agreement (HIC San Pablo Limited, Inc.), Limited Liability Company Agreement (HIC San Pablo Limited, Inc.)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and the neither any Member nor any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Director of the Company.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Oswego Harbor Power LLC), Limited Liability (Sdg&e Funding LLC a De Limited Liability Co), Limited Liability Company Agreement (Somerset Power LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Economic Member nor the Special Members nor any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being an Economic Member, a member Special Member or a Director of the Company.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (CNH Capital Receivables LLC), Limited Liability Company Agreement (CNH Capital Receivables LLC), Limited Liability Company Agreement (CNH Capital Receivables Inc)
Limited Liability. 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 no Member or officer of the Member Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or officer of the Company. The Member shall not be required to lend any funds to the Company.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (APL SouthTex Pipeline Co LLC), Operating Agreement (Atlas Energy Tennessee, LLC), Limited Liability Company Agreement (Atlas Energy Tennessee, LLC)
Limited Liability. 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 no Member or officer of the Member Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or officer of the Company.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (CurrencyShares Singapore Dollar Trust), Limited Liability Company Agreement (Currencyshares Japanese Yen Trust), Limited Liability Company Agreement (CurrencyShares South African Rand Trust)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and the no Member or Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Manager of the Company.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (Platinum Security Solutions, Inc.), Limited Liability Company Agreement (Platinum Security Solutions, Inc.), Limited Liability Company Agreement (Platinum Security Solutions, Inc.)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither any Member nor any Manager, officer or employee of the Member Company shall not be obligated personally personally, for any such debt, obligation or liability of the Company solely by reason of being a member Member, Manager, officer or employee of the Company.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Economic Member nor any Independent Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Economic Member, or Independent Member of the Company.
Appears in 9 contracts
Samples: Limited Liability Company Agreement (Tru 2005 Re I, LLC), Limited Liability Company Agreement (Toys R Us Property Co I, LLC), Limited Liability Company Agreement (Toys R Us Property Co I, LLC)
Limited Liability. Except as otherwise provided by required under the ActAct or as expressly set forth in this Agreement, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall will be solely the debts, obligations and liabilities of the Company, and the no Member shall not will 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 9 contracts
Samples: Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Tejon Ranch Co), Limited Liability Company Agreement (Tejon Ranch Co)
Limited Liability. Except as otherwise provided by the Act, the The debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall will be solely the debts, obligations and liabilities of the Company, and no member, Manager, employee or agent of the Member shall not Company will be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member or acting in the capacity as a Manager, employee or agent of the Company, except as provided under Article IX.
Appears in 8 contracts
Samples: Operating Agreement (Pepco Holdings Inc), Operating Agreement (Xcel Energy Inc), Operating Agreement (Entergy Arkansas Inc)
Limited Liability. 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 solely of the Company, and no member or manager of the Member Company shall not be obligated personally for any of such debtdebts, obligation obligations or liability of the Company liabilities solely by reason of being a member or manager of the Company.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Brasdril Sociedade De Perfuracoes Ltda.), Limited Liability Company Agreement (Diamond Offshore Drilling, Inc.), Limited Liability Company Agreement (Diamond Offshore Drilling, Inc.)
Limited Liability. (a) 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 no Director, Officer or Member or any Affiliate thereof shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a director, officer or member of the Company.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Versus Capital Multi-Manager Real Estate Income Fund LLC), Limited Liability Company Agreement (Versus Capital Real Assets Fund LLC), Limited Liability Company Agreement (Versus Capital Real Assets Fund LLC)
Limited Liability. 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 Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member of the Company.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.), Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.), Rental Agency Agreement (KBS Strategic Opportunity REIT, Inc.)
Limited Liability. 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 Member of the Company.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Dole Food Co Inc), Limited Liability Company Agreement (Dole Food Co Inc), Limited Liability Company Agreement (Dole Food Co Inc)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor the Special Members, if any, nor any Director or Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member, Director or Officer of the Company.
Appears in 7 contracts
Samples: Assignment and Assumption Agreement (Hertz Global Holdings Inc), Vehicle Title Nominee Agreement (Hertz Corp), Limited Liability (Zipcar Inc)
Limited Liability. 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 neither the Sole Member nor any affiliate, director, officer, partner or controlling person of the Sole 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 7 contracts
Samples: Limited Liability Company Operating Agreement (PT Maxwell, L.L.C.), Limited Liability Company Operating Agreement (PT Maxwell, L.L.C.), Limited Liability Company Operating Agreement (PT Maxwell, L.L.C.)
Limited Liability. 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 none of the Member Member, Managers, Officers, employees or agents of the Company (including a person having more than one such capacity) shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyacting in such capacity.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Energy XXI Texas Onshore, LLC), Limited Liability Company Agreement (Energy XXI Gulf Coast, Inc.), Limited Liability Company Agreement (Energy XXI Onshore, LLC)
Limited Liability. Except as otherwise provided by As set forth in 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 6 contracts
Samples: Operating Agreement (B&H Contracting, L.P.), Operating Agreement (Green America Recycling, LLC), Operating Agreement (Austin Materials, LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Sole Member or the Special Member or any Director or Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being the Sole Member or the Special Member or a member Director or Officer of the Company.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Limited Liability Company Agreement (OE Funding LLC), Limited Liability Company Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)
Limited Liability. Except as otherwise expressly provided by the LLC Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwiseotherwise (including, without limitation, those arising as member, owner or shareholder of another company, partnership or entity), shall be solely the debts, obligations and liabilities solely of the Company, and neither the LLC Member nor any Director or Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member an LLC Member or Director or Officer of the Company.
Appears in 6 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor any Authorized Delegate shall not be obligated personally liable in any manner whatsoever for any such debt, liability or other obligation or liability of the Company Company, solely by reason of being a member of the CompanyMember or Authorized Delegate.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Verso Androscoggin LLC), Limited Liability Company Agreement (Verso Androscoggin LLC), Limited Liability Company Agreement (Verso Androscoggin LLC)
Limited Liability. Except as otherwise provided by the LLC 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 Members 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 6 contracts
Samples: Operating Agreement (Chrysler Group LLC), Operating LLC Agreement, Operating Agreement (Chrysler Group LLC)
Limited Liability. Except as otherwise provided required 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 neither the Managing Member nor the Special Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a manager or member of the Company.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (BMW Fs Securities LLC), Limited Liability Company Agreement (BMW Auto Leasing LLC), Limited Liability Company Agreement (BMW Fs Securities LLC)
Limited Liability. 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 Members and the Officers shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or an Officer of the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Aquarius Gaming LLC), Limited Liability Company Agreement (Aquarius Gaming LLC), Limited Liability Company Agreement (Aquarius Gaming LLC)
Limited Liability. Except as otherwise provided required 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 5 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (M&i Capital E LLC), Limited Liability Company Agreement (M&i Capital Trust C)
Limited Liability. 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 none of the Member or any Officer (as hereinafter defined), employee or agent of the Company (including a person having more than one such capacity) shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyacting in such capacity.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Jernberg Industries, LLC), Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC), Limited Liability Company Agreement (Cifc LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and the neither any Member nor any Director nor any Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, a Director or an Officer of the Company.
Appears in 5 contracts
Samples: Limited Liability Comp Any Agreement (Public Service Electric & Gas Co), Limited Liability Company Agreement (Pseg Fossil LLC), Limited Liability Company Agreement (Pseg Fossil LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor the Special Members nor any Officer or Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member, Officer or Director of the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Prosper Funding LLC), Limited Liability Company Agreement (Prosper Marketplace Inc), Limited Liability Company Agreement (Prosper Funding LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor any Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member or Officer of the Company. The Member shall not be bound by, or be personally liable for, by reason of being a manager or member of the Company, a judgment, decree or order of a court or in any other manner, for the expenses, liabilities or obligations of the Company, and the liability of the Member shall be limited solely to the amount of its capital contributions.
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC), Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC), Limited Liability Company Operating Agreement (Dynegy Morro Bay, LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and the no Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member of the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Safeway Stores 42, Inc.), Limited Liability Company Agreement (Inland Real Estate Corp)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and none of the Member, the Special Member or any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member or Director of the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (QualityTech, LP), Limited Liability Company Agreement (Ally Auto Assets LLC), Limited Liability Company Agreement (Ally Wholesale Enterprises LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor any Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Manager of the Company.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (Monogram Residential Trust, Inc.), Operating Agreement (Manitowoc FSG Operations, LLC), Operating Agreement (Manitowoc FSG Operations, LLC)
Limited Liability. (a) 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 5 contracts
Samples: Limited Liability Company Agreement (Versus Global Multi-Manager Real Estate Income Fund LLC), Limited Liability Company Agreement (Affinia Group Intermediate Holdings Inc.), Limited Liability Company Agreement (Affinia Group Intermediate Holdings Inc.)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor any Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member the Member or Manager of the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (JCP&L Transition Funding II LLC), Limited Liability Company Agreement (RSB Bondco LLC), Limited Liability Company Agreement (Jcp&l Transition Funding LLC)
Limited Liability. 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 sole 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 4 contracts
Samples: Limited Liability Company Agreement (MOP Midstream Holdings LLC), Limited Liability Company Agreement (Martin Midstream Partners Lp), Limited Liability Company Agreement (Martin Midstream Partners Lp)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member Members nor any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Director of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Allegheny Energy Inc), Limited Liability Company Agreement (Allegheny Energy Inc), Limited Liability Company Agreement (Allegheny Energy Supply Co LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and none of the Member or any Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being the Member or a member Manager of the Company.
Appears in 4 contracts
Samples: Royalty Participation Agreement (Elan Corp PLC), Limited Liability Company Agreement (Chase Card Funding LLC), Royalty Participation Agreement (Theravance Inc)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor any Special Member nor any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member or Director of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Porsche Auto Funding LLC), Limited Liability Company Agreement (APX Group Holdings, Inc.), Limited Liability (Fixed Income Client Solutions LLC)
Limited Liability. Except as otherwise provided by the LLC 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 no Member, Director or officer of the Member Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Director or officer of the Company. The Member shall not be required to lend any funds to the Company.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability (Bats Global Markets, Inc.), Limited Liability Company Operating Agreement
Limited Liability. 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 4 contracts
Samples: Limited Liability Company Agreement (Sce Funding LLC), Limited Liability Company Agreement (Capital One Financial Corp), Limited Liability Company Agreement (Pg&e Funding LLC)
Limited Liability. 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. 10.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Pepco Holdings Inc), Limited Liability Company Agreement (Pepco Holdings Inc), Limited Liability Company Agreement (Pepco Holdings Inc)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither any Member nor any manager, officer or employee of the Member Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, manager, officer or employee of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC)
Limited Liability. Except as otherwise provided by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be he solely the debts, obligations and liabilities of the Company, and none of the Member Member, Managers, Officers, employees or agents of the Company (including a person having more than one such capacity) shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyacting in such capacity.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Energy XXI Gulf Coast, Inc.), Limited Liability Company Agreement (Energy XXI Gulf Coast, Inc.), Limited Liability Company Agreement (Energy XXI Gulf Coast, Inc.)
Limited Liability. Except as otherwise provided by the in Section 48-2c-602 of Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, Company 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 or for the acts or omissions of being a member the Company or of any other member, manager or employee of the Company.
Appears in 4 contracts
Samples: Operating Agreement (B&H Contracting, L.P.), Operating Agreement (B&H Contracting, L.P.), Operating Agreement (B&H Contracting, L.P.)
Limited Liability. Except as otherwise provided by in the Act, the debts, obligations and liabilities of the Company, Company (whether arising in contract, tort or otherwise, shall ) will be solely the debts, obligations and liabilities of the Company, and no Member (or former Member) of the Member shall not Company is liable or will be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member such status. No Manager or Officer of the CompanyCompany nor any officer, director, employee or agent of any Member will have any personal liability for the performance of any obligation of any Member under this Agreement.
Appears in 4 contracts
Samples: Operating Agreement (General Communication Inc), Operating Agreement (Gci Inc), Operating Agreement (General Communication Inc)
Limited Liability. 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 Sole 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 4 contracts
Samples: Limited Liability Company Operating Agreement (PT Maxwell, L.L.C.), Limited Liability Company Operating Agreement (PT Maxwell, L.L.C.), Limited Liability Company Operating Agreement (PT Maxwell, L.L.C.)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor the Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Manager of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Security Agreement (Versity Invest, LLC), Limited Liability Company Operating Agreement (St Louis Riverboat Entertainment Inc)
Limited Liability. 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 neither any Member nor the Member Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member or acting as manager of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Vistancia Marketing, LLC), Limited Liability Company Agreement (Vistancia Marketing, LLC), Limited Liability Company Agreement (TNHC - Santa Clarita GP LLC)
Limited Liability. Except as otherwise provided To the fullest extent permitted by the Actlaw, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities solely of the Company, and no Member, Special Member, Manager or any officer of the Member Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member, Manager or officer of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Alliance Laundry Systems LLC), Limited Liability Company Agreement (Alliance Laundry Systems LLC), Limited Liability Company Agreement (Alliance Laundry Holdings LLC)
Limited Liability. Except as otherwise provided by required under the ActAct or as expressly set forth in this Agreement, the debts, obligations obligation 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 no Member shall not be obligated personally liable for any such debt, obligation or liability of the Company solely by reason of being a member Member of the Company.
Appears in 4 contracts
Samples: Operating Agreement (Nuveen Investment Solutions, Inc.), Limited Liability Company Agreement (Nuveen Investment Solutions, Inc.), Limited Liability Agreement (Nuveen Investment Solutions, Inc.)
Limited Liability. 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 . The Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member of the Company. No Member shall have any liability for the return of the Capital Contribution of any other Member.
Appears in 4 contracts
Samples: Operating Agreement (JCM Partners LLC), Operating Agreement (JCM Partners LLC), Operating Agreement (JCM Partners LLC)
Limited Liability. 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 no Member nor any other Indemnified Person shall not be obligated personally for any such debt, obligation or liability of the Company. All Persons dealing with the Company shall look solely by reason to the assets of being a member the Company for the payment of the debts, obligations or liabilities of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (510152 N B LTD), Liability Company Agreement (New England Electric System), Agreement and Plan of Merger (New England Power Co)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and none of the Member, the Special Member or the Independent Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member or Independent Manager of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Nuco2 Inc /De), Limited Liability Company Agreement (Nuco2 Inc /De), Limited Liability Company Agreement (Nuco2 Inc /De)
Limited Liability. Except as otherwise provided by the LLC 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 neither the Member nor any other person or entity shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyor any subsidiary thereof.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Pearl Diver Credit Company, LLC), Limited Liability Company Agreement (Panagram Capital, LLC), Limited Liability Company Agreement (Panagram Capital, LLC)
Limited Liability. 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 none of the Member Member, any Manager, any Officer or any employee or agent of the Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyacting in such capacity.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Woodbridge Liquidation Trust), Limited Liability Company Agreement
Limited Liability. (a) 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 Authorized Person, the Managers and the Member (each a "Covered Person" and, collectively, the "Covered Persons") shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being an authorized person, a manager or a member of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (First Huntingdon Finance Corp), Limited Liability Company Agreement (First Huntingdon Finance Corp), Limited Liability Company Agreement (First Huntingdon Finance Corp)
Limited Liability. Except as otherwise expressly provided by the LLC Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities solely of the Company, and none of the Member Member, the Special Member, any Officer or any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member, Officer or Director of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (John Deere Receivables LLC), Limited Liability Company Agreement (John Deere Receivables LLC), Carvana Receivables Depositor LLC
Limited Liability. 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 Members and the Directors of the Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Director of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Iridium Communications Inc.), Limited Liability Company Agreement (Iridium Communications Inc.), Limited Liability Company Agreement (Iridium Communications Inc.)
Limited Liability. Except as otherwise expressly 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 neither the Member nor any director (if any) or manager (if any) of the Company shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or director or manager of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (WUS Holding, L.L.C.), Limited Liability Company Agreement (WUS Holding, L.L.C.), Limited Liability Company Agreement (WUS Holding, L.L.C.)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and the neither any Member nor any Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Manager of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC), Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC), Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and the Member no Member, Manager or Officer shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Manager or Officer of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (SLM Funding LLC), Limited Liability Company Operating Agreement (SLM Funding LLC), Limited Liability Company Operating Agreement (SLM Education Credit Funding LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member, any Special Member nor any Director shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member or Director of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Carmax Auto Funding LLC), Limited Liability Company Agreement (Carmax Auto Funding LLC), Limited Liability Company Agreement (Bear Stearns Asset Backed Securities I LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and none of the Member or any Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Manager of the Company.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Single Member Limited Liability Company Operating Agreement
Limited Liability. Except as otherwise expressly 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 none of the Member Members, Managers, Officers, employees or agents of the Company (including a Person having more than one such capacity) shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyacting in such capacity.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Blockchain Industries, Inc.), Limited Liability Company Agreement (Blockchain Industries, Inc.), Limited Liability Company Agreement (Solid Biosciences, LLC)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and the Member no Member, Manager, authorized person or Authorized Signatory shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Management Company, Manager, authorized person or Authorized Signatory of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (SeD Intelligent Home Inc.), Limited Liability Company Agreement (HF Enterprises Inc.), Limited Liability Company Agreement (HF Enterprises Inc.)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member Members nor any Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member or manager of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Eagle Holdco 3 LLC), Limited Liability Company Operating Agreement (Detroit Radio, LLC), Limited Liability Company Agreement (Eagle Holdco 3 LLC)
Limited Liability. 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 solely of the Company, and the Member shall not be obligated personally for any of such debtdebts, obligation obligations or liability of the Company liabilities solely by reason of being a member of the CompanyMember.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Penn Virginia Holding Corp), Limited Liability Company Agreement (Chiles Magellan LLC), Limited Liability Company Agreement (Chiles Magellan LLC)
Limited Liability. 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 not of the Member Member, any Manager, Officer, employee or agent of the Company (including a person having more than one such capacity) shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companyacting in such capacity.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Engility Holdings, Inc.), Limited Liability Company Agreement (Engility Holdings, Inc.), Limited Liability Company Agreement (Engility Holdings, Inc.)
Limited Liability. Except as otherwise provided by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall will be solely the debts, obligations and liabilities of the Company, and the Member shall will 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 3 contracts
Samples: Limited Liability Company Agreement (Rock Creek Athletics, Inc.), Limited Liability Company Agreement (Ist, Corp), Limited Liability Company Agreement (Rock Creek Athletics, Inc.)
Limited Liability. Except as otherwise expressly 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 solely of the Company, and neither the Member nor the Special Members nor any Independent Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member, Special Member or Independent Manager of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Electric City Corp), Limited Liability Company Agreement (Electric City Corp), Limited Liability Company Agreement (Medalist Diversified REIT, Inc.)
Limited Liability. Except as otherwise provided required 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 no Member or Manager shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member or Manager. All Persons dealing with the Company shall look solely to the assets of the Company for the payment of the debts, obligations or liabilities of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Panolam Industries International Inc), Limited Liability Company Agreement (Panolam Industries International Inc), Limited Liability Company Agreement (Norcraft Companies Lp)
Limited Liability. Except as otherwise provided by the Act, the The debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, are and shall be solely the debts, obligations and liabilities solely of the Company, and the a Member shall not be obligated personally for any of such debtdebts, obligation obligations or liability of the Company liabilities solely by reason of being a member of the CompanyMember.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (NRG Yield, Inc.), Limited Liability Company Agreement (Clearway Energy, Inc.), Limited Liability Company Agreement (Ub Fuel Cell, LLC)
