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, Managers or 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, Managers or officers Members for the 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, Managers Members or officers 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, Members or Managers or officers for liabilities of the Company.
Appears in 2 contracts
Samples: Operating Agreement (Global Partner Acquisition Corp.), Limited Liability Company 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, Members or Managers or officers for liabilities of the Company.
Appears in 1 contract
Samples: Adoption Agreement (Huntsman Advanced Materials (UK) LTD)
Failure to Observe Formalities. A failure to observe any formalities or requirements of this Agreement, the Certificate of Formation Agreement or the Act shall not be grounds for imposing personal liability on the MembersMember for debts, Managers or officers for liabilities and obligations of the CompanyCompany or of any Series thereof.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cityfunds I, LLC)
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, Members or Managers or officers 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, Members or the Managers or officers for liabilities of the Company.
Appears in 1 contract
Samples: Operating Agreement
