Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company.
Limited liability means limited by shares or limited by guarantee, according to the nature of the liability prescribed by the by-laws of the co- operative society;
Examples of Limited liability in a sentence
The purpose of the Company is to engage in any lawful act or activity for which a Limited Liability Company may be formed within the State of Illinois.
NOTARY PUBLIC (Complete only if Applicant is a Limited Liability Company.) STATE OF ) :SS COUNTY OF ) On this day , 20 , personally appeared before me, , who being by me duly sworn did say that he/she is an officer of the Applicant limited liability company and that, by authority of its members or its articles of organization, he/she acknowledged to me that said limited liability company executed the same.
Effective [MM/DD/YYYY], the Members form a Limited Liability Company under the name [COMPANY NAME], LLC (the "Company") on the terms and conditions in this Operating Agreement (the "Agreement") and pursuant to the laws of the State of Illinois (the "Act").
More Definitions of Limited liability
Limited liability means that the liability of each shareholder is limited to the amount, if any, unpaid by the shareholder on the shares of the company, provided that the memorandum and articles of association contains a declaration that the liability of the member is so limited. We are subject to reporting and other informational requirements of the Exchange Act, as applicable to foreign private issuers. Except as otherwise disclosed in this prospectus, we currently intend to continue to comply with the NYSE rules in lieu of following home country practice. The NYSE rules require that every company listed on NYSE hold an annual general meeting of shareholders. In addition, our articles of association allow directors to call an extraordinary general meeting of shareholders pursuant to the procedures set forth in our articles.
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on that shareholder’s shares in the company (except in exceptional circumstances, such as involving
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on that shareholder’s shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil). We are subject to reporting and other informational requirements of the Exchange Act, as applicable to foreign private issuers. Except as otherwise disclosed in this annual report, we currently intend to comply with the NASDAQ rules in lieu of following home country practice.
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company. We are subject to reporting and other informational requirements of the Exchange Act, as applicable to foreign private issuers. We currently intend to continue complying with the NASDAQ Stock Market Rules in lieu of following home country practice. The NASDAQ Stock Market Rules require that every company listed on the NASDAQ hold an annual general meeting of shareholders. In addition, our Memorandum and Articles of Association allow directors to call special general meetings of shareholders pursuant to the procedures set forth in our Memorandum and Articles of Association.
Limited liability. The following sets forth IBM's entire liability and Customer's exclusive remedy:
Limited liability means limited by shares.