Liability Limitation, Indemnification and Contribution. 2.4.1. No person shall be liable to LLC or the Members for any act or omission committed by such person while a Member or a designee of the Members or any of them, based upon errors of judgment, negligence, or other fault, or any breach of any fiduciary duty in connection with the business or affairs of LLC, unless the person would not be entitled to indemnification for such action, failure to act or breach under Section 2.4.2 of this Agreement were the person to seek indemnification thereunder.
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Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Yeah Iptv), Limited Liability Company Agreement (Yeah Iptv)
Liability Limitation, Indemnification and Contribution. 2.4.1. No person (a) The Member shall not be liable to LLC or the Members for any act or omission committed by such person while a Member or a designee of the Members or any of them, based upon errors of judgment, negligence, or other fault, or any breach of any fiduciary duty duty, in connection with the business or affairs of LLC, LLC unless the person Member would not be entitled to indemnification for such action, failure to act or breach under Section 2.4.2 of this Agreement 2.06(b) were the person Member to seek indemnification thereunder.
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Samples: Limited Liability Company Agreement (Visteon European Holdings, Inc.)
Liability Limitation, Indemnification and Contribution. 2.4.1. (a) No person shall be liable to LLC or the Members for any act or omission committed by such person while a Member or a designee of the Members or any of them, based upon errors of judgment, negligence, or other fault, or any breach of any fiduciary duty in connection with the business or affairs of LLC, unless the person would not be entitled to indemnification for such action, failure to act or breach under Section 2.4.2 2.04(b) of this Agreement were the person to seek indemnification thereunder.
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