Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Lendway, Inc.), Limited Liability Company Agreement (Hut 8 Corp.), Limited Liability Company Agreement (Rayven Properties, LLC)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Board, the Liquidator or any other Member.
Appears in 7 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Longeveron LLC), Operating Agreement (Verb Technology Company, Inc.)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s 's Capital Account, and such Member’s 's share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (iMedia Brands, Inc.), Limited Liability Company Agreement (Tecogen Inc.), LLC Operating Agreement
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s 's Capital Account, and such Member’s 's share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Board, the Liquidator or any other Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Good Hemp, Inc.), Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s 's Capital Account, and such Member’s 's share of Net Income, Net Loss Loss, and other items of income, gain, loss loss, and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (iPower Inc.), Limited Liability Company Operating Agreement (iPower Inc.)
Recourse for Claims. Each Member shall look solely to the assets of the Company of the related class for all distributions Distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Board, the Liquidator or any other Member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Forterra, Inc.)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net IncomeProfits, Net Loss Losses and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Grom Social Enterprises, Inc.), Operating Agreement (Propell Technologies Group, Inc.)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account, and such Member’s 's share of Net Income, Net Loss Loss, and other items of income, gain, loss loss, and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 1 contract
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Managing Member, the Liquidator or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator Board or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Athenex, Inc.)
Recourse for Claims. Each In the event of dissolution hereunder, each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss Loss, and other items of income, gain, loss loss, and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 1 contract
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s 's Capital Account, and such Member’s 's share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator Liquidator, any Manager, or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Capstone Therapeutics Corp.)
Recourse for Claims. Each Member shall will look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall will have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NeoGames S.A.)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Board, the Liquidator or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Great Elm Capital Corp.)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Manager, the Liquidator or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Global Defense & National Security Holdings LLC)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s 's Capital Account, and such Member’s 's share of Net Income, Net Loss Loss, and other items of income, gain, loss loss, and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 1 contract
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s Capital Account, Account and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, deduction and shall have no recourse therefor (upon dissolution or otherwise) against the Board, the Liquidator or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ATN International, Inc.)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account and Special Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.
Appears in 1 contract
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss Loss, and other items of income, gain, loss loss, and deduction, and shall have no recourse therefor (upon dissolution termination or otherwise) against the Liquidator Liquidator, the Manager, or any other Member.
Appears in 1 contract
Samples: Company Agreement
Recourse for Claims. Each Member shall will look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net IncomeProfit, Net Loss and other items of income, gain, loss and deduction, and shall will have no recourse therefor (upon dissolution or otherwise) against the Committee, the Liquidator or any other Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Faraday Future Intelligent Electric Inc.)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss Loss, and other items of income, gain, loss loss, and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Board, the Liquidator or any other Member.
Appears in 1 contract
Samples: Operating Agreement (Agrify Corp)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s 's Capital Account, and such Member’s 's share of Net Income, Net Loss Loss, and other items of income, gain, loss loss, and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Board, the Liquidator or any other Member.
Appears in 1 contract
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss Profits and Losses and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator or any other Member.. 50
Appears in 1 contract
Samples: Limited Liability Company Agreement (Axiall Corp/De/)
Recourse for Claims. Each Member shall look solely to the assets of the Company for all distributions Distributions with respect to the Company, such Member’s Capital Account, and such Member’s share of Net Income, Net Loss and other items of income, gain, loss and deduction, and shall have no recourse therefor (upon dissolution or otherwise) against the Managers, the Liquidator or any other Member.
Appears in 1 contract
