Common use of Exemption from Liability Clause in Contracts

Exemption from Liability. To the maximum extent permitted by applicable law, the Manager shall not be liable to the Company or any other third party (a) for mistakes of judgment, (b) for any act or omission suffered or taken by it, or (c) for losses due to any such mistakes, action or inaction.

Exemption from Liability. To the maximum extent permitted by applicable law, the Manager Managing Member shall not be liable to the Company or any other third party (ai) for mistakes of judgment, (bii) for any act or omission suffered or taken by it, or (ciii) for losses due to any such mistakes, action or inaction.

Exemption from Liability. To the maximum extent permitted by applicable law, the Managing Member and the Independent Manager shall not be liable to the Company or any other third party (ai) for mistakes of judgment, (bii) for any act or omission suffered or taken by it, or (ciii) for losses due to any such mistakes, action or inaction.