Common use of Exculpation of Members, Managers and Their Representatives Clause in Contracts

Exculpation of Members, Managers and Their Representatives. No Member or Manager shall be liable to the Company or to the other Members for damages or otherwise with respect to any actions or failures to act taken or not taken relating to the Company, except to the extent any related loss results from fraud or gross negligence on the part of such Member or Manager. For purposes of this Section 15, officers, directors, employees, agents, appointees and other representatives of the Member or of the Manager, or of their respective Affiliates, who are functioning on behalf of such Member or Manager in connection with this Agreement including Representatives, shall receive the same benefits of exculpation from liability and of indemnification, as provided to Members and Manager as set forth herein.

Exculpation of Members, Managers and Their Representatives. No Member or Manager shall be liable to the Company or to the other Members for damages or otherwise with respect to any actions or failures to act taken or not taken relating to the Company, except to the extent any related loss results from fraud or fraud, gross negligence or willful or wanton misconduct on the part of such Member or Manager. For purposes of this Section 1514, officers, directors, employees, agents, appointees and other representatives of the Member or of the Manager, or of their respective Affiliates, who are functioning on behalf of such Member or Manager in connection with this Agreement including (collectively, “Representatives, ”) shall receive the same benefits of exculpation from liability and of indemnification, as provided to Members and Manager Managers as set forth herein.

Exculpation of Members, Managers and Their Representatives. No Member or Manager shall be liable to the Company or to the other Members for damages or otherwise with respect to any actions or failures to act taken or not taken relating to the Company, except to the extent any related loss results from fraud or fraud, gross negligence or willful or wanton misconduct on the part of such Member or Manager. For purposes of this Section 1513, officers, directors, members, managers, employees, agents, appointees and other representatives of the Member or of the Manager, or of their respective Affiliates, who are functioning on behalf of such Member or Manager in connection with this Agreement including (collectively, "Representatives, ") shall receive the same benefits of exculpation from liability and of indemnification, as provided to Members and Manager Managers as set forth herein.

Exculpation of Members, Managers and Their Representatives. No Member or Manager shall be liable to the Company or to the other Members for damages or otherwise with respect to any actions or failures to act taken or not taken relating to the Company, except to the extent any related loss results from fraud or fraud, gross negligence or willful or wanton misconduct on the part of such Member or Manager. For purposes of this Section 15, officers, directors, employees, agents, appointees and other representatives of the Member or of the Manager, or of their respective Affiliates, who are functioning on behalf of such Member or Manager in connection with this Agreement including Representatives(collectively, “Member Parties”) shall receive the same benefits of exculpation from liability and of indemnification, as provided to Members and Manager or Managers as set forth herein.

Exculpation of Members, Managers and Their Representatives. No Member or Manager shall be liable to the Company or to the other Members for damages or otherwise with respect to any actions or failures to act taken or not taken relating to the Company, except to the extent any related loss results from fraud or fraud, gross negligence or willful or wanton misconduct on the part of such Member or Manager. For purposes of this Section 1514, officers, directors, employees, agents, appointees and other representatives of the Member or of the Manager, or of their respective Affiliates, who are functioning on behalf of such Member or Manager in connection with this Agreement including (collectively, “Representatives, ”) shall receive the same benefits of exculpation from liability and of indemnification, as provided to Members and Manager or Managers as set forth herein.