Common use of Exculpation of Liability Clause in Contracts

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member, Manager or Officer, shall not be liable to any other Member, Manager, Officer, the Company, or any third party for the acts, debts or liabilities of the Company.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Jernberg Industries, LLC)

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Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member, Manager or Officer, Member shall not be liable to any other Member, Manager, Officer, the Company, or any third party for the acts, debts or liabilities of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Grede Wisconsin Subsidiaries LLC), Operating Agreement (Jernberg Industries, LLC)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member, Member or Manager or Officer, shall not be liable to any other Member, Manager, Officer, the Company, or any third party for the acts, debts debts, or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Grede Wisconsin Subsidiaries LLC)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a MemberMember or Manager, Manager or Officerboth, shall not be liable to any other Member, any Manager, Officer, the Company, or any third party for the acts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Joint Venture Agreement (Biolabs Inc)

Exculpation of Liability. Indemnification. Unless otherwise provided by law or expressly assumed, a person who is a Member, Manager or Officer, the sole Member shall not be liable to any other Member, Manager, Officer, the Company, or any third party for the acts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member, Manager or Officer, shall Member will not be liable to any other Member, Manager, Officer, the Company, or any third party for the acts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Noninvasive Medical Technologies Inc)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member, Manager or Officer, Member shall not be liable to any other Member, Manager, Officer, the Company, or any third party for the acts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Medical Evaluation Specialists)

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Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member, Manager or Officer, shall not be liable to any other Member, Manager, Officer, the Company, or any third party for the acts, debts debts, or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member, Manager or Officer, Member shall not be liable to any other Member, Manager, Officer, the Company, Company or any other third party for the acts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Jernberg Industries, LLC)

Exculpation of Liability. Unless otherwise provided by law or expressly assumed, a person who is a Member, Manager or Officer, Member shall not be liable to any other Member, Manager, Officer, the Company, or any third party for the acts, debts or liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement

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