Liability of Members; Indemnification. (a) Neither a Member (including the Managing Member) nor any officer, employee or agent of the Company (including a person having more than one such capacity) shall be personally liable for any expenses, liabilities, debts or obligations of the Company solely by reason of acting in such capacity except as provided in the Act.
Appears in 19 contracts
Samples: Limited Liability Company Agreement (Lin Television Corp), Limited Liability Company Agreement (Lin Television Corp), Limited Liability Company Agreement (Lin Television Corp)
Liability of Members; Indemnification. (a) Neither a Member (including the Managing Member) nor any officer, employee or agent of the Company (including a person having more than one such capacity) shall be he personally liable for any expenses, liabilities, debts or obligations of the Company solely by reason of acting in such capacity except as provided in the Act.
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Samples: Lin Television of Texas Inc