Common use of Claims of Members Clause in Contracts

Claims of Members. The Members shall look solely to the Company's assets for the return of their Capital Contributions, and if the assets of the Company remaining after the payment or discharge of the debts, claims, obligations, liabilities, losses, damages, costs or expenses of the Company shall be insufficient to return such Capital Contributions, the Members shall have no recourse against the Company or any other Member.

Appears in 3 contracts

Samples: Operating Agreement (Dune Energy Inc), Operating Agreement (Dune Energy Inc), Operating Agreement (Dune Energy Inc)

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Claims of Members. The Members and former Members shall look solely to the Company's ’s assets for the return of their Capital Contributions, and if the assets of the Company remaining after the payment of or discharge of the due provision for all debts, claims, obligations, liabilities, losses, damages, costs or expenses liabilities and obligations of the Company shall be are insufficient to return such Capital Contributions, the Members and former Members shall have no recourse against the Company or any other Member.

Appears in 2 contracts

Samples: Operating Agreement (Advanced Na, LLC), Operating Agreement (Radiation Therapy Services Holdings, Inc.)

Claims of Members. The Members shall look solely to the Company's assets for the return of their Capital Contributionscapital contributions, and if the assets of the Company remaining after payment of or reasonable provision for the payment or discharge of the debts, claims, obligations, liabilities, losses, damages, costs or expenses all liabilities of the Company shall be are insufficient to return such Capital Contributionscapital contributions, the Members shall have no recourse against the Company or any other MemberCovered Person.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Time Warner Telecom LLC), Limited Liability Company Agreement (Time Warner Telecom LLC)

Claims of Members. The Members shall look solely to the Company's ’s assets for the return of their Capital Contributions, and if the assets of the Company remaining after payment of or reasonable provision for the payment or discharge of the debts, claims, obligations, liabilities, losses, damages, costs or expenses all liabilities of the Company shall be are insufficient to return such Capital Contributions, the Members shall have no recourse against the Company or any other MemberCovered Person, subject to the terms of ARTICLE 9.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cancer Genetics, Inc)

Claims of Members. The Members and Unitholders shall look solely to the Company's assets for the return of their Capital Contributions, Contributions and if the assets of the Company remaining after the payment of or discharge of the due provision for all debts, claims, obligations, liabilities, losses, damages, costs or expenses liabilities and obligations of the Company shall be are insufficient to return such Capital Contributions, the Members and Unitholders shall have no recourse against the Company or any other MemberMember or Unitholder.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Century Casinos Inc /Co/)

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Claims of Members. The Members shall and former Members will look solely to the Company's assets for the return of their Capital Contributions, and if the assets of the Company remaining after the payment of or discharge of the due provision for all debts, claims, obligations, liabilities, losses, damages, costs or expenses liabilities and obligations of the Company shall be are insufficient to return such Capital Contributions, the Members shall and former Members will have no recourse against the Company or any other Member.

Appears in 1 contract

Samples: Operating Agreement (Venetian Blends, Inc.)

Claims of Members. The Members shall look solely to the Company's assets for the return of their Capital Contributionscapital contributions, and if the assets of the Company remaining after payment of or reasonable provision for the payment or discharge of the debts, claims, obligations, liabilities, losses, damages, costs or expenses all liabilities of the Company shall be are insufficient to return such Capital Contributionscapital contributions, the Members Member shall have no recourse against the Company or any other Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Marketwatch Com Inc)

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