Common use of Failure to Observe Formalities Clause in Contracts

Failure to Observe Formalities. A failure to observe any formalities or requirements of this Agreement, the Certificate of Formation or the Act shall not be grounds for imposing personal liability on the Members or the Board for liabilities of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Q2Earth Inc.), Limited Liability Company Agreement (Q2Earth Inc.)

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Failure to Observe Formalities. A failure to observe any formalities or requirements of this Agreement, the Certificate of Formation or the Act shall not be grounds for imposing personal liability on the Members or for the Board for liabilities of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Shurgard Storage Centers Inc), Limited Liability Company Agreement (Shurgard Storage Centers Inc)

Failure to Observe Formalities. A failure to observe any formalities or requirements of this Agreement, the Certificate of Formation or the Act shall not be grounds for imposing personal liability on the Members Members, Managers or the Board officers for liabilities of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Icos Corp / De), Limited Liability Company Agreement (Techniclone Corp/De/)

Failure to Observe Formalities. A failure to observe any formalities or requirements of this Agreement, the Certificate of Formation or the Act shall not be grounds for imposing personal liability on the Members or the Board Managers for liabilities of the Company.

Appears in 2 contracts

Samples: Merger Agreement (Global Partner Acquisition Corp.), Limited Liability Company Agreement

Failure to Observe Formalities. A To the fullest extent permitted by law, a failure to observe any formalities or requirements of this Agreement, the Certificate of Formation or the Act shall not be grounds for imposing or otherwise adversely affecting personal liability on the Members or the Board Managers for liabilities of the CompanyCompany or otherwise.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Agritope Inc)

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Failure to Observe Formalities. A failure to observe any formalities or requirements of this Agreement, the Certificate of Formation or the Act shall not be grounds for imposing personal liability on the Members or the Board Managers for liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement

Failure to Observe Formalities. A failure to observe any formalities or requirements of this Agreement, the Certificate of Formation or the Act shall not be grounds for imposing personal liability on the Members or the Board Managers for liabilities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Huntsman Advanced Materials (UK) LTD)

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