Indemnification Obligation Funding. Despite anything in this Agreement to the contrary, any indemnity by the Company relating to Section 12.04 will be provided out of and to the extent of the Company’s assets. No Member will have any personal liability or will be required to make Capital Contributions to help satisfy the indemnity unless the Member otherwise agrees in writing.
Appears in 3 contracts
Samples: Amended Operating Agreement (Efund City Metro Income Fund LLC), Operating Agreement (Efund City Metro Income Fund LLC), Operating Agreement (Efund City Metro Income Fund LLC)
Indemnification Obligation Funding. Despite anything in this Agreement to the contrary, any indemnity by the Company relating to Section 12.04 15.04 will be provided out of of, and to the extent of of, the Company’s assets. No Member Investor will have any personal liability or will be required to make Capital Contributions to help satisfy the indemnity indemnity, unless the Member Investor otherwise agrees in writing.
Appears in 1 contract
Samples: Operating Agreement