Exculpation of Liability. To the fullest extent permissible under Delaware law, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member, Manager or Officer shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member, Manager or Officer of the Company.
Appears in 47 contracts
Samples: Limited Liability Company Agreement (Honda Auto Receivables 2014-1 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2014-3 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2015-1 Owner Trust)