No Rights of Recovery. The LLC acknowledges and agrees that it has no right of recovery against, and no personal liability shall attach to, the Member or any of its Affiliates, whether by or through attempted piercing of the corporate veil, by or through a claim by or on behalf of the LLC, by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or applicable law, or otherwise.
Appears in 11 contracts
Samples: Participation and Operating Agreement (Ruby Tuesday of Bryant, Inc.), Limited Liability Operating Agreement (Ruby Tuesday of Bryant, Inc.), Limited Liability Company Operating Agreement (Delphi Trade Management, LLC)
No Rights of Recovery. The LLC Company acknowledges and agrees that neither it nor any of its Affiliates has no any right of recovery against, and no personal liability shall attach to, the Member or any of its Affiliates, whether by or through attempted piercing of the corporate veil, by or through a claim by or on behalf of the LLCCompany, by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or applicable law, or otherwise.
Appears in 7 contracts
Samples: Limited Liability Operating Agreement (Convergence, LLC), Limited Liability Company Agreement (Convergence, LLC), Limited Liability Operating Agreement (Convergence, LLC)
No Rights of Recovery. The LLC Company acknowledges and agrees that it has no does not have any right of recovery against, and no personal liability shall attach to, the Member or any of its Affiliates, whether by or through attempted piercing of the corporate veil, by or through a claim by or on behalf of the LLCCompany, by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or applicable law, or otherwise.
Appears in 4 contracts
Samples: Operating Agreement (Convergence, LLC), Operating Agreement (Convergence, LLC), Operating Agreement (Convergence, LLC)
