Release from Liability. In the event of a member’s dissociation from the Company, the Company agrees to use its best efforts to release and discharge the dissociated member from any and all liabilities, duties, and responsibilities from the Company’s debt and obligations, including, but not limited to, any notes, instruments payable, lines of credit, equipment leases and real property leases.
Appears in 73 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement