Liability of Members and Manager. To the fullest extent permitted under the Act, no Member of Manager shall be liable to the Company or any Member for breach of any duty established in Section 404 of the Act, excepting any liability for any (a) breach of any duty of loyalty, (b) the receipt of a financial benefit to which the Member or Manager is not entitled,
Appears in 5 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
