Certain Liabilities. Each Member agrees to be liable for the Capital Contributions required to be made by such Member, and subject to the other provisions of this Agreement, in the event a Member becomes liable for any liabilities of the Company, the Members shall bear such liability in proportion to their then existing Percentage Interests.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (MPLX Lp), Limited Liability Company Agreement (Markwest Energy Partners L P), Limited Liability Company Agreement (Markwest Energy Partners L P)
Certain Liabilities. Each Member agrees to be liable for the Capital Contributions required to be made by such Member, and subject Liability of Members to the other provisions of Company. Unless otherwise provided in this Agreement, no Member shall be liable to any other Member or to the Company by reason of such Member’s actions in the event a Member becomes liable for any liabilities of connection with the Company, the Members shall bear such liability in proportion to their then existing Percentage Interests.
Appears in 2 contracts
Samples: Co Venture Agreement (VirTra, Inc), Co Venture Agreement (Nuvola, Inc.)
Certain Liabilities. Each Member agrees to be liable for the Capital Contributions required to be made by such Member, and subject to the other provisions of this Agreement, in the event a Member becomes liable for any liabilities of the Company, the Members shall will bear such liability in proportion to their then existing Percentage Interests.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Rice Energy Inc.)
