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 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC

Appears in 1 contract

Samples: Operating Agreement (Monaker Group, Inc.)

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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 Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capstone Therapeutics Corp.)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

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 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

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 Section 10.3 shall 13.03 will be provided out of and to the extent of Company assets only, and no Member (unless such Member otherwise agrees in writing) shall will have personal liability on account thereof or shall will be required to make additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

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 Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

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 Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

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 Section 10.3 Article VIII 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 additional any Capital Contributions to help satisfy such pay any indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

Appears in 1 contract

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

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Section 10.3 shall 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

Appears in 1 contract

Samples: Operating Agreement (Agrify Corp)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

Appears in 1 contract

Samples: Limited Liability Company 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 Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLCCompany.‌

Appears in 1 contract

Samples: Operating Agreement

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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 Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

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 Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

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 Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLCthereof.

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 Section 10.3 12.03 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Defense & National Security Holdings LLC)

Funding of Indemnification Obligation. Notwithstanding anything contained herein to the contrary, any indemnity by the Company relating to the matters covered in this Section 10.3 12.03 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC44

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 Section 10.3 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 additional Additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

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 Section 10.3 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 additional Capital Contributions to help satisfy such indemnity by the Company. Operating Agreement of NextTrip Group, LLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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