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.)
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
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)