Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the Member nor any Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, without limitation, any debts, obligations or liabilities of the Company arising under a judgment, decree or order of a court, solely by reason of such Person being the Member, or a Special Member or Manager of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (PE Environmental Funding LLC), Limited Liability Company Agreement (MP Environmental Funding LLC), Limited Liability Company Agreement (MP Environmental Funding LLC)
Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the Member nor Member, any Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, without limitation, any debts, obligations or liabilities of the Company arising under a judgment, decree or order of a court, solely by reason of such Person being the Member, Member or acting as a Special Member or Manager of the Company.
Appears in 4 contracts
Samples: Limited Liability Agreement (Consumers Funding LLC), Limited Liability Company Agreement (Consumers Funding LLC), Pse&g Transition Funding LLC
Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the Member nor Member, any Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, without limitation, any debts, obligations or liabilities of the Company arising under a judgment, decree or order of a court, solely by reason of such Person being the Member, Member or acting as a Special Member or Manager of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Jcp&l Transition Funding LLC), Limited Liability Company Agreement (Jcp&l Transition Funding LLC)
Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the Member nor any Member, the Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, without limitation, any debts, obligations or liabilities of the Company arising under a judgment, decree or order of a court, solely by reason of such Person being the Member, Member or a acting as the Special Member or a Manager of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (PSE&G Transition Funding II LLC), Limited Liability Company Agreement (PSE&G Transition Funding II LLC)
Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the Member nor Member, any Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, including without limitation, any debts, obligations or liabilities of the Company arising limitation under a judgment, decree or order of a court, solely by reason of such Person being the Member, Member or acting as a Special Member or Manager of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC), Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC)
Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the No Member nor any Special Member nor any or Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, without limitation, any debts, obligations or liabilities of the Company arising under a judgment, decree or order of a court, solely by reason of such Person being the Member, or a Special Member or Manager or both, and does not become so liable by participating, in whatever capacity, in the management or control of the business of the Company.
Appears in 2 contracts
Samples: Operating Agreement (Piedmont Natural Gas Co Inc), Operating Agreement (Piedmont Natural Gas Co Inc)
Liability to Third Parties. Except as otherwise expressly provided by in the LLC Act, neither the no Member nor any Special Member nor any or Manager shall be liable personally for the debts, obligations or liabilities of the Company Issuer (whether arising in contract, tort or otherwise), including, including without limitation, any debts, obligations or liabilities of the Company arising limitation under a judgment, decree or order of a court, solely by reason of such Person being the Member, a member or acting as a Special Member or Manager manager of the CompanyIssuer.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Greyhound Funding LLC)
Liability to Third Parties. Except as otherwise expressly provided by Neither the LLC Act, neither Members nor the Member nor any Special Member nor any Manager Managers shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, without limitation, any debts, obligations or liabilities of the Company arising under a judgment, decree or order of a court, solely by reason of such Person being a Member or Manager, under order of a court or in any other manner, for a debt, obligation or liability of the Company of any kind or for the acts or omissions of any other Member, manager, agent or a Special Member or Manager employee of the Company.
Appears in 1 contract
Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the Member nor any Member, the Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, without limitation, any debts, obligations or liabilities of the Company arising including under a judgment, decree or order of a court, solely by reason of such Person being the Member, Member or a acting as the Special Member or a Manager of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Florida Power & Light Co)
Liability to Third Parties. Except as otherwise expressly provided by Neither the LLC Act, neither the Member nor any Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, including without limitation, any debts, obligations or liabilities of the Company arising limitation under a judgment, decree or order of a court, solely by reason of such Person being the Member, or a Special Member or acting as a Manager of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pp&l Transition Bond Co Inc)
Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the Member nor Member, any Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, including without limitation, any debts, obligations or liabilities of the Company arising limitation under a judgment, decree or order of a court, solely by reason of such Person being the Member, Member or acting as a Special Member or Manager of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Reliant Energy Transition Bond Co LLC)
Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the Member nor any Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, without limitation, any debts, obligations or liabilities of the Company arising under a judgment, decree or order of a court, solely by reason of such Person being the Member, or a Special Member or Manager of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (JCP&L Transition Funding II LLC)
Liability to Third Parties. Except as otherwise expressly provided by the LLC Act, neither the Member nor any Member, the Special Member Members nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, including without limitation, any debts, obligations or liabilities of the Company arising limitation under a judgment, decree or order of a court, solely by reason of such Person being the Member, the Special Members or acting as a Special Member or Manager of the Company.
Appears in 1 contract
Liability to Third Parties. Except as otherwise expressly -------------------------- provided by the LLC Act, neither the Member nor Member, any Special Member nor any Manager shall be liable personally for the debts, obligations or liabilities of the Company (whether arising in contract, tort or otherwise), including, including without limitation, any debts, obligations or liabilities of the Company arising limitation under a judgment, decree or order of a court, solely by reason of such Person being the Member, Member or acting as a Special Member or Manager of the CompanyManager.
Appears in 1 contract
Samples: Limited Liability (Reliant Energy Transition Bond Co LLC)