Standard Imposed Clause Samples
Standard Imposed. The Manager shall not be liable, responsible, or accountable, in damages or otherwise, to any Member or to the Company for any act performed by the Manager within the scope of the authority conferred on the Manager by this Agreement, except as provided in Section 1705.29(D) of the Act.
Standard Imposed. No director or officer shall be liable, responsible, or accountable, in damages or otherwise, to the Member or to the Company for any act performed by such person within the scope of the authority conferred on them by this Agreement, except as provided in the Act.