Common use of Liabilities of Members Clause in Contracts

Liabilities of Members. The Members shall have no personal liability with respect to liabilities and obligations of the LLC and shall not be required to make any contributions to the capital of the LLC other than their capital contributions provided for in Sections 3.1 and 3.2 hereof.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Manning & Napier, Inc.), Operating Agreement (Manning & Napier, Inc.)

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Liabilities of Members. The Members shall have no personal liability with respect to liabilities and obligations of the LLC and shall not be required to make any contributions to the capital of the LLC other than their capital contributions provided for in Sections 3.1 3.2 and 3.2 3.3 hereof.

Appears in 2 contracts

Samples: Operating Agreement (Trump Communications LLC), Operating Agreement (Trump Communications LLC)

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