Common use of Funding of Indemnification Obligation Clause in Contracts

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII shall be provided out of and to the extent of Company assets only, and no Member shall have personal liability on account thereof or shall be required to make any Capital Contributions to pay any indemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Rayven Properties, LLC)

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Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 7.3 shall be provided out of and to the extent of Company assets Assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Mma Capital Management, LLC)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 10.01 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Operating Agreement (Sugarmade, Inc.)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 10.3 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Operating Agreement (Monaker Group, Inc.)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 10.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any Additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Operating Agreement (BBX Capital Florida LLC)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 14.03 shall be provided out of and to the extent of Company assets only, only and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (ATN International, Inc.)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 10.01 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.Company.‌

Appears in 1 contract

Samples: Operating Agreement

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII shall Section 13.03 will be provided out of and to the extent of Company assets only, and no Member shall (unless such Member otherwise agrees in writing) will have personal liability on account thereof or shall will be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Faraday Future Intelligent Electric Inc.)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 13.3 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII shall Section 14.03shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Operating Agreement (Agrify Corp)

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Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 8.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any Capital Contributions to pay any indemnity by the Companythereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tecogen Inc.)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 15.03 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Longeveron LLC)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section XIV.3 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Operating Agreement

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 13.02 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capstone Green Energy Holdings, Inc.)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Article VIII Section 8.3 shall be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall have personal liability on account thereof or shall be required to make any additional Capital Contributions to pay any help satisfy such indemnity by the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grom Social Enterprises, Inc.)

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