Common use of Liability of Members Clause in Contracts

Liability of Members. The Members shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 236 contracts

Samples: Limited Liability Company Agreement (Standard & Poor's Financial Services LLC), Limited Liability Company Agreement (Standard & Poor's Financial Services LLC), Limited Liability Company Agreement (HII Unmanned Systems, Inc.)

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Liability of Members. The Members Member, in its capacity as a member of the Company, shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the ActCompany.

Appears in 44 contracts

Samples: Limited Liability Company Agreement (Entercom Springfield, LLC), Limited Liability Company Agreement (Entercom Springfield, LLC), Limited Liability Company Agreement (Entercom Springfield, LLC)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 17 contracts

Samples: Limited Liability Company Agreement (SWEPCO Storm Recovery Funding LLC), Limited Liability Company Operating Agreement (Kollmorgen Corp), Limited Liability Company Agreement (Andeavor)

Liability of Members. The Members members of the Company shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (CIFC Member LLC), Limited Liability Company Agreement (CIFC Member LLC), Limited Liability Company Agreement (CIFC Member LLC)

Liability of Members. The Members No Member shall not have any liability be liable for the debts, liabilities, contracts or other obligations or liabilities of the Company except to the extent (a) as otherwise provided in the ActAct and (b) as expressly provided in this Agreement.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Boaz Energy II, LLC), Limited Liability Company Agreement (WildHorse Resource Development Corp), Limited Liability Company Agreement (WildHorse Resource Development Corp)

Liability of Members. The Members No Member shall not 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 in exercise of its powers or management of its business or affairs under this Agreement or the ActAct shall not be grounds for imposing personal liability on the Members for liabilities of the Company.

Appears in 11 contracts

Samples: Limited Liability Company Operating Agreement (Wornick CO Right Away Division, L.P.), Operating Agreement (New York Health Care Inc), Joint Venture Limited Liability Company Agreement (Tri-S Security Corp)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the extent provided for in the Act.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Paulsboro Natural Gas Pipeline Co LLC), Limited Liability Company Agreement (Paulsboro Natural Gas Pipeline Co LLC), Limited Liability Company Agreement (Torrance Refining Co LLC)

Liability of Members. The Members Organizational Member shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (CPG Vintage Access Fund VII, LLC), Limited Liability Company Agreement (CPG Vintage Access Fund VI, LLC), Limited Liability Company Agreement (CPG Vintage Access Fund V, LLC)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act. Nothing express or implied shall be construed to confer upon or to give any person except the Member or Managers, any rights or remedies under or by reason of this Agreement.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Encore Medical Partners, LLC.), Limited Liability Company Agreement (Encore Medical Partners, LLC.), Limited Liability Company Agreement (Encore Medical Partners, LLC.)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the ActCompany.

Appears in 8 contracts

Samples: Membership Interest Purchase Agreement (National Beef Packing Co LLC), Operating Agreement (Jarden Corp), Operating Agreement (O Gara Co)

Liability of Members. The Members shall not have any liability for the obligations or liabilities of the Company Company, except to the extent provided in the Act.

Appears in 6 contracts

Samples: Business Combination Agreement (Cartesian Growth Corp), Limited Liability Company Agreement (A-Mark Precious Metals, Inc.), Limited Liability Company Agreement (ONEOK Partners LP)

Liability of Members. The Members shall not have any liability for the obligations or liabilities of the Company except to the extent provided for in the Act.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Noble Midstream Partners LP), Limited Liability Company Agreement (Noble Midstream Partners LP), Limited Liability Company Agreement (Noble Midstream Partners LP)

Liability of Members. The Except as otherwise set forth in the Act, the Members shall not have be liable under a judgment, decree or order of a court, or in any manner, for a debt, obligation or liability for the obligations or liabilities of the Company except to the extent provided in the ActCompany.

Appears in 4 contracts

Samples: Operating Agreement (Collins Growth & Income Fund LLC), Operating Agreement (Collins Growth & Income Fund LLC), Operating Agreement (Collins Growth & Income Fund LLC)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company Company, except to the extent provided in the Act.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Hardin Development Corp), Limited Liability Company Agreement (Hardin Development Corp), Limited Liability Company Agreement (Hardin Development Corp)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the fullest extent provided in permitted by the Act.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Kc Distance Learning Inc), Limited Liability Company Agreement (Kc Distance Learning Inc), Limited Liability Company Agreement (Kc Distance Learning Inc)

Liability of Members. The Members Member; in its capacity as a member of the Company, shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the ActCompany.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Entercom Springfield, LLC), Limited Liability Company Agreement (Entercom Springfield, LLC), Limited Liability Company Agreement (Entercom Springfield, LLC)

Liability of Members. The Members Members, as such, shall not have any liability be liable for the debts, obligations or liabilities of the Company except to the extent provided in required by the Act.

Appears in 3 contracts

Samples: Operating Agreement (Noble Advisors, LLC), Operating Agreement (Ryerson International Material Management Services, Inc.), Operating Agreement (Maverick Oil & Gas, Inc.)

Liability of Members. The Members member of the Company shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (TC3 Health, Inc.), Limited Liability Company Agreement (TC3 Health, Inc.)

Liability of Members. The Members Member, and any additional member, shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Actby law.

Appears in 2 contracts

Samples: Operating Agreement (Rainbow Casino-Vicksburg Partnership, L.P.), Operating Agreement (Rainbow Casino-Vicksburg Partnership, L.P.)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act. 14.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Allegheny Energy Inc), Limited Liability Company Agreement (Allegheny Energy Inc)

Liability of Members. The Members No Member shall not have any liability for the obligations or liabilities of the Company except to the extent expressly provided in the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Blackstone Mortgage Trust, Inc.), Limited Liability Company Agreement (DTWC Spokane City Center SPE, LLC)

Liability of Members. The Members shall not have any liability be liable for the debts, obligations or liabilities of the Company except to the extent provided in required by the Act.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Elk Horn Coal Co LLC)

Liability of Members. The Members Members, as such, shall not have any liability be liable for the obligations debts, obligations, or liabilities of the Company except to the extent provided in required by the Act.

Appears in 2 contracts

Samples: Operating Agreement (DLP Positive Fixed Returns Fund LLC), Limited Liability Operating Agreement

Liability of Members. The Members shall not have any no liability for the obligations or liabilities of the Company except to the extent provided in required by the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Enterprise Diversified, Inc.), Limited Liability Company Agreement (Cascades USA Inc.)

Liability of Members. The Members shall not have any liability (personal or otherwise) for the obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 2 contracts

Samples: Operating Agreement (Mediconsult Com Inc), Operating Agreement (American Craft Brewing International LTD)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the extent provided in required by the Act.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (DTWC Spokane City Center SPE, LLC), Limited Liability Company Agreement (Concerto Software (Japan) Corp)

Liability of Members. The Members Member shall not have any no liability for the obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (FDR Ireland LTD), Operating Agreement (FDR Ireland LTD)

Liability of Members. The Members shall not have any liability for the obligations or liabilities of the Company LLC except to the extent provided in the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mai Systems Corp), Limited Liability Company Agreement (OFS Capital, LLC)

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Liability of Members. The Members A Member shall not have any liability for the obligations or liabilities Liabilities of the Company LLC, except to the extent provided in the Act.

Appears in 2 contracts

Samples: Contribution and Exchange Agreement (SGS Holdings LLC), Limited Liability Company Agreement (SGS Holdings LLC)

Liability of Members. The Members shall not have any liability for the debts, obligations or and liabilities of the Company except to the extent provided in the Act.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Reliance Real Estate Trust, LLC)

Liability of Members. The Members shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the ActCompany.

Appears in 1 contract

Samples: Securities Purchase Agreement (Jagnotes Com)

Liability of Members. The Members shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the ActCompany Law.

Appears in 1 contract

Samples: Operating Agreement

Liability of Members. The Members members, as such, shall not have any liability be liable for the obligations debts, obligations, or liabilities of the Company company except to the extent provided in required by the Act.

Appears in 1 contract

Samples: Operating Agreement

Liability of Members. The Members shall not have any liability for the obligations or liabilities of the Company except to the extent provided Except as set forth in the Act, no Member shall have any personal liability for any obligations of the Company.

Appears in 1 contract

Samples: Operating Agreement (New Holland Credit Company, LLC)

Liability of Members. The Members Member shall not have any liability for the me debts, obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (FNP Holdings, LLC)

Liability of Members. The Members Members, and any additional member, shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Actby law.

Appears in 1 contract

Samples: Operating Agreement (Rainbow Casino-Vicksburg Partnership, L.P.)

Liability of Members. The Members shall not have any liability for the any obligations or liabilities of the Company Company, except to the extent provided in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BRP (Luxembourg) 4 S.a.r.l.)

Liability of Members. The Members Members, as such, shall not have any liability ____________________ be liable for the obligations debts, obligations, or liabilities of the Company except to the extent provided in required by the Act.

Appears in 1 contract

Samples: Operating Agreement (Union National Financial Corp / Pa)

Liability of Members. The Members members shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Ventas Inc)

Liability of Members. The Members shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act. Nothing express or implied shall be construed to confer upon or to give any person except the Members or Managers, any rights or remedies under or by reason of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Seitel Ip Holdings, LLC)

Liability of Members. The Members Member shall not have any liability for -------------------- the obligations or liabilities of the Company except to the extent provided in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ventas Inc)

Liability of Members. The Members No Member shall not have any liability be liable for the debts, liabilities, contracts or other obligations or liabilities of the Company except to the extent as otherwise provided in the ActAct and as expressly provided in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Rice Energy Inc.)

Liability of Members. The Members A Member shall not have any liability for the obligations or liabilities of the Company LLC except to the extent provided in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Apollo Investment Fund Iv Lp)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the ActLLC Law or other applicable laws.

Appears in 1 contract

Samples: Limited Liability Company Agreement (DCT Chino LLC)

Liability of Members. The Members Member shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act. The Company shall indemnify the Member for its actions as Member to the fullest extent permitted by law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Restaurant Co of Minnesota)

Liability of Members. The Members shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act. 16.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Allegheny Energy Inc)

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