Common use of Liability for Company Obligations Clause in Contracts

Liability for Company Obligations. Members shall not be personally liable for any debts, obligations or liabilities of the Company beyond their respective Capital Contributions and any obligation of the Members under Section 8 to make Capital Contributions, except as otherwise provided by law.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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Liability for Company Obligations. Members shall will not be personally liable for any debtsdebt, obligations obligation or liabilities liability of the Company beyond their respective Capital Contributions and any obligation of the Members under Section 8 to make Capital ContributionsCompany, except as otherwise provided by law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Zabala Farms Group, LLC)

Liability for Company Obligations. Except as otherwise provided by law, Members shall not be personally liable for any debts, obligations or liabilities of the Company beyond their respective Capital Contributions and any obligation of the Members under Section 8 to make Capital Contributions, except as otherwise provided by lawCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Muzak Finance Corp)

Liability for Company Obligations. Members The Member shall not be personally liable for any debts, obligations or liabilities of the Company beyond their respective Capital Contributions and any obligation of the Members under Section 8 to make Capital ContributionsCompany, except as otherwise provided may be required by law.

Appears in 1 contract

Samples: Operating Agreement

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Liability for Company Obligations. Members shall not be personally liable for any debts, obligations or liabilities liability of the Company beyond their respective Capital Contributions and any obligation of the Members under Section 8 8.1 or 8.2 to make Capital Contributions, except as otherwise provided by law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Greatamerica Leasing Receivables 2000-1 LLC)

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