Defects as to Formalities Sample Clauses

Defects as to Formalities. A failure to observe any formalities or requirements of this Agreement or the Act shall not be grounds for imposing personal liability on the Members or Managers for liabilities of the Company or any Series of the Company.
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Defects as to Formalities. No failure to observe any formalities or requirements of this Agreement, the Certificate or the Act shall be grounds for imposing personal liability on the Members for liabilities of the Company.
Defects as to Formalities. A failure to observe any formalities or requirements of this Agreement, the Certificate of Limited Partnership for the Partnership or the Act shall not be grounds for imposing personal liability on Limited Partner for liabilities of the Partnership.
Defects as to Formalities. A failure to observe any formalities or requirements of this Agreement, the Articles of Organization or the Act shall not be grounds for imposing personal liability on the Members for liabilities of the Company.
Defects as to Formalities. No failure to observe any formalities or requirements of this Agreement, the Certificate of Formation or the Delaware Act shall be grounds for imposing personal liability on the Member or the Manager for liabilities of the Company.
Defects as to Formalities. No failure to observe any formalities or requirements of this Agreement, the Certificate of Formation or the Act shall be grounds for imposing liability on the Members for liabilities of the Company.

Related to Defects as to Formalities

  • Compliance with Laws Generally Contractor complies in all material respects with all laws, rules, and regulations applicable to Contractor’s business and services.

  • Compliance with Laws and Policies 5.1 Each Party shall, at its own expense, comply with the Applicable Laws and Regulations relating to its activities under this Agreement, as they may change from time to time, and with any conditions binding on it in any applicable licences, registrations, permits and approvals.

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