Liability of Covered Persons. Except as otherwise provided by the Act, all debts, obligations and liabilities of the Company (including, without limitation, under a judgment, decree or order of a court), whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Covered Person shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Covered Person.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Ocean Rig Partners LP), Limited Liability Company Agreement (Dynagas LNG Partners LP)