Common use of Liability of Member and Managers Clause in Contracts

Liability of Member and Managers. Neither the Member nor any manager shall have any liability for the obligations or liabilities of the Company except to the extent provided herein or in the Act.

Appears in 227 contracts

Samples: Limited Liability Company Agreement (DLP Partner Marquette, LLC), Limited Liability Company Agreement (DLP Partner Marquette, LLC), Limited Liability Company Agreement (DLP Partner Marquette, LLC)

AutoNDA by SimpleDocs

Liability of Member and Managers. Neither the No Member nor any manager Manager shall have any liability be liable as a Member or Manager for the obligations or liabilities of the Company. The failure of the Company except to observe any formalities or requirements relating to the extent provided herein exercise of its powers or in management of its business or affairs under this Agreement or the ActAct shall not be grounds for imposing personal liability on any Member or any Manager for liabilities of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (T-Mobile Puerto Rico Holdings LLC), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.)

Liability of Member and Managers. Neither the No Member nor any manager Manager shall have any liability be liable as a Member or Manager for the obligations or liabilities of the Company. The failure of the Company except to observe any formalities or requirements relating to the extent provided herein exercise of its powers or in management of its business or affairs under this Agreement or the ActLLC Act shall not be grounds for imposing personal liability on any Member or any Manager for liabilities of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Metropcs Networks California, LLC), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.)

Liability of Member and Managers. Neither the Member nor any officer or manager of the Company shall have any liability for the obligations or liabilities of the Company except to the extent provided herein or in the Act.

Appears in 3 contracts

Samples: Master Agreement (Community Health Investment CORP), Limited Liability Company Agreement (Community Health Investment CORP), Limited Liability Company Agreement (Community Health Investment CORP)

Liability of Member and Managers. Neither the Managers nor the Member nor shall be liable, responsible, or accountable, in any manager shall have any liability event for the obligations damages or liabilities of otherwise, to the Company for any act performed by them with respect to Company matters, except to the extent provided herein for fraud or in the Actwillful misconduct.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (AMC of Maryland, LLC), Limited Liability Company Agreement (AMC of Maryland, LLC)

Liability of Member and Managers. Neither the Member nor any any. manager shall have any liability for the obligations or liabilities of the Company except to the extent provided herein or in the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Community Health Investment CORP), Limited Liability Company Agreement (Community Health Investment CORP)

Liability of Member and Managers. Neither the Member nor any manager shall have any liability for the obligations Obligations or liabilities of the Company except to the extent provided herein or in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Woods Memorial Hospital, LLC)

Liability of Member and Managers. Neither the Member nor any manager Manager shall have any liability be liable as Member or Manager for the obligations or liabilities of the Company. The failure of the Company except to observe any formalities or requirements relating to the extent provided herein exercise of its powers or in management of its business or affairs under this Agreement or the ActAct shall not be grounds for imposing personal liability on the Member or any Manager for liabilities of the Company.

Appears in 1 contract

Samples: Operating Agreement (Valley Telephone Co., LLC)

AutoNDA by SimpleDocs

Liability of Member and Managers. Neither the Member nor any manager authorized person shall have any liability for the obligations or liabilities of the Company except to the extent provided herein or in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Marietta Surgical Center, Inc.)

Liability of Member and Managers. Neither the Member nor any any-manager shall have any liability for the obligations or liabilities of the Company except to the extent provided herein or in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Community Health Investment CORP)

Liability of Member and Managers. Neither the Member nor any manager the Managers shall have any liability be liable as such for the obligations or liabilities of the Company. The failure of the Company except to observe any formalities or requirements relating to the extent provided herein exercise of its powers or in management of its business or affairs under this Agreement or the ActAct shall not be grounds for imposing personal liability on the Member or Managers for liabilities of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Coal Valley Resources Inc.)

Liability of Member and Managers. Neither the Member nor any manager shall have any liability for the obligations or liabilities of the Company except to the extent provided herein or in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Community Health Investment CORP)

Liability of Member and Managers. Neither the Member nor any manager shall have any liability for the obligations or liabilities of the Company except to the extent provided herein or in the Act.,

Appears in 1 contract

Samples: Limited Liability Company Agreement (PHC Hospitals, LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!