Common use of Liability of Members Clause in Contracts

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the Company, except to the extent of the Member’s capital contributions.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Sidney Rich Associates, Inc.), Agreement of Operation (Tanning Research Laboratories, LLC), Agreement of Operation (Tanning Research Laboratories, LLC)

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Liability of Members. No Member shall be liable for the debts, liabilities liabilities, contracts or other obligations of the Company, except to the extent of the Member’s capital contributions.

Appears in 6 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. No Member shall be liable for the debts, liabilities liabilities, contracts or any other obligations of the Company. Except as agreed upon by the Members, and except as otherwise provided by the Act or by any other applicable state law, the Members shall be liable only to make their Capital Contributions as provided in Sections 2.2 and 2.3 hereof and shall not be required to make any other Capital Contributions or loans to the extent Company. No Member shall have any personal liability for the repayment of the Capital Contributions or loans of any other Member’s capital contributions.

Appears in 5 contracts

Samples: Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.), Operating Agreement (Environtech Inc.)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the CompanyCompany beyond such Person’s respective Capital Account or Capital Contributions. Except as otherwise provided herein, except no Member shall be required to contribute to the extent of capital of, or to loan any funds to, the Member’s capital contributionsCompany.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)

Liability of Members. No Member shall be liable for the debts, liabilities liabilities, contracts or other obligations of the CompanyCompany except (a) for any unpaid Capital Commitment of such Member, except to (b) as otherwise provided in the extent of the Member’s capital contributionsAct, and (c) as expressly provided in this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (RSP Permian, Inc.), Limited Liability Company Agreement (RSP Permian, Inc.)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the CompanyCompany beyond its respective Initial Capital Contribution. Except as otherwise expressly provided herein, except no Member shall be required to contribute to the extent of capital of, or to loan any funds to, the Member’s capital contributionsCompany.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement, Operating Agreement (Anglo-Suisse Offshore Pipeline Partners, LLC), Limited Liability Company Agreement (Anglo-Suisse Offshore Pipeline Partners, LLC)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the Company, except Company beyond his respective Capital Contribution. No Member shall be required to contribute to the extent of capital of, or to loan, the Member’s capital contributionsCompany any funds.

Appears in 2 contracts

Samples: Company Agreement (Azotto Technology, LLC), Company Agreement (Azotto Technology, LLC)

Liability of Members. No Member shall be is liable for the debts, liabilities or obligations of the Company, except to the extent of the Member’s Company beyond its required capital contributionscontributions as described in Section 8.1.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Venus Exploration Inc), Limited Liability Company Agreement (Exco Resources Inc)

Liability of Members. No The Member shall not be liable for the debts, liabilities or obligations of the Company, except to the extent of Company beyond his Initial Capital Contribution and any Additional Capital Contribution made by the Member’s capital contributions.

Appears in 2 contracts

Samples: Operating Agreement (RenPac Holdings Inc.), Operating Agreement (BRPP LLC)

Liability of Members. No The liability of a Member shall be liable for the debts, liabilities liabilities, contracts, or other obligations of the CompanyCompany shall not exceed, except to in the extent aggregate, the capital contributions of such Member. No Member shall have any personal liability for the repayment of the capital contribution of any Member’s capital contributions.

Appears in 2 contracts

Samples: Merger Agreement (Gramercy Property Trust Inc.), Merger Agreement (Chambers Street Properties)

Liability of Members. No Member shall be liable for the any debts, liabilities liabilities, obligations or obligations losses of the Company. No Member shall guarantee, except to be the extent co-maker of, or otherwise assume personal or individual liability for any indebtedness or obligation of the Member’s capital contributionsCompany without the prior written consent of all other Members (including the Member assuming such obligations).

Appears in 1 contract

Samples: Limited Liability Company Agreement

Liability of Members. No Member shall be liable for the forthe debts, liabilities or obligations of the CompanyCompany beyond such Person’s respective Initial Capital Contribution. Except as otherwise provided herein, except no Member shall be required to contribute to the extent of capital of, or to loan, the Member’s capital contributionsCompany any funds.

Appears in 1 contract

Samples: Operating Agreement (Advanced Na, LLC)

Liability of Members. No Member (in its capacity as such) shall be personally liable for the debts, liabilities or debts and obligations of the Company, except to the extent of the Member’s capital contributions.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NexPoint Real Estate Finance, Inc.)

Liability of Members. No Member shall be liable for any debts or losses of capital or profits of the debts, Company or be required to guarantee the liabilities or obligations of the Company. Except as may be agreed in writing with any such Member, except no Member shall be required to contribute or lend funds to the extent of the Member’s capital contributionsCompany.

Appears in 1 contract

Samples: Class a Series 2 Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the Company, except Company beyond his or its respective Initial Capital Contribution. No Member shall be required to contribute to the extent of capital of, or to loan any funds to, the Member’s capital contributionsCompany.

Appears in 1 contract

Samples: Operating Agreement (Ryan's Restaurant Leasing Company, LLC)

Liability of Members. No Member shall be liable for the any debts, liabilities liabilities, obligations or obligations losses of the Company, except Company or any of its Subsidiaries or be required to guarantee the liabilities of the Company or any of its Subsidiaries. No Member shall be required to contribute or lend funds to the extent Company or any of the Member’s capital contributionsits Subsidiaries.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Knight-Swift Transportation Holdings Inc.)

Liability of Members. No Member shall be liable for the debts, liabilities liabilities, contracts, or other obligations of the Company, except and no Member shall be required to make any loans to the extent of the Member’s capital contributionsCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ignis Petroleum Group, Inc.)

Liability of Members. No Notwithstanding anything to the contrary herein contained, no Member shall be liable for the any debts, expenses, liabilities or obligations of the Company, Company in excess of his Capital Contribution except to as may be provided in the extent of the Member’s capital contributionsLaw.

Appears in 1 contract

Samples: Operating Agreement

Liability of Members. No Member shall be liable for the any debts, liabilities liabilities, contracts or obligations of the Company, except Company or be required to lend funds to the extent of Company. Except as otherwise provided by the law, a Member’s capital contributionsliability shall be limited to the amount of such Member’s Capital Contribution.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Berkshire Income Realty Inc)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the Company, except Company beyond its respective initial Capital Contribution. No Member shall be required to contribute to the extent of capital of, or to loan, the Member’s capital contributionsCompany any funds.

Appears in 1 contract

Samples: Company Agreement (Cabana Beverages, Inc.)

Liability of Members. No Member shall be liable for the debts, liabilities liabilities, contracts, or any other obligations of the Company. Only the Company or a Managing Member (and no third party creditor, except to the extent either in its own right or as a successor-in-interest of the Company, and including a trustee, receiver or other representative of the Company or Member’s capital contributions), shall be entitled to enforce the requirements to make Capital Contributions. The Members intend and agree that any agreement of the Members to make Capital Contributions constitutes an agreement to make financial accommodations to and for the benefit of the other Members and the Company.

Appears in 1 contract

Samples: Operating Agreement (New England Cape Gods, Inc.)

Liability of Members. No Member shall be liable for have any personal liability to contribute money to, or in respect of, the debts, liabilities or the obligations of the Company, except nor shall any Member be personally liable for any obligations of the Company. No Member shall be required to make any contributions to the extent capital of the Member’s capital contributionsCompany other than its Capital Contribution or to restore a negative balance in its Capital Account or otherwise.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tarragon Realty Investors Inc)

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Liability of Members. No Member shall be liable for the debts, liabilities any debts or obligations losses of capital or profits of the Company, except Company or be required to contribute or lend funds to the Company other than Capital Contributions to the extent of the Member’s capital contributionsprovided in this Article II.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Axiall Corp/De/)

Liability of Members. No Member shall be personally liable for the any debts, liabilities obligations, or obligations losses of the Company, except Company beyond the amount of his or her Capital Contribution to the extent Company and his or her share of any Net Profits. An Investor Member shall be liable only to make his or her Capital Contribution and shall not be required to lend any funds to the Member’s capital contributionsCompany.

Appears in 1 contract

Samples: Operating Agreement

Liability of Members. No Member shall be liable for the debts, liabilities liabilities, or obligations of the Company, except to the extent of the Member’s capital contributions. Except as otherwise expressly provided in this Agreement, no Member shall be required to contribute to the capital of, or to loan any funds to, the Company.

Appears in 1 contract

Samples: Operating Agreement

Liability of Members. No Member shall be liable for the debts, liabilities liabilities, contracts or any other obligations of the Company, except to . No Member shall have any personal liability for the extent repayment of the Capital Contributions, Additional Member Loans or Member Loans of any other Member’s capital contributions.

Appears in 1 contract

Samples: Operating Agreement (Columbia Equity Trust, Inc.)

Liability of Members. (a) No Member shall be liable for the debts, liabilities or obligations of the Company, except to the extent Company solely by reason of the being a Member’s capital contributions.

Appears in 1 contract

Samples: Operating Agreement (Diacrin Inc /De/)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the CompanyCompany beyond such Person’s respective Initial Capital Contribution. Except as otherwise provided herein, except no Member shall be required to contribute to the extent of capital of, or to loan, the Member’s capital contributionsCompany any funds.

Appears in 1 contract

Samples: Operating Agreement (Health Diagnostics of New Jersey, LLC)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the Company, except Company beyond such Person’s respective Capital Contributions. No Member shall be required to contribute to the extent of capital of, or to loan any funds to, the Member’s capital contributionsCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (First Cash, Ltd.)

Liability of Members. No Member shall be liable for the debts, liabilities any debts or obligations losses of capital or profits of the CompanyCompany beyond its paid-up Capital Contribution, except to with the extent exception of the Member’s capital contributionsany bank or third-party indebtedness for which full and/or limited personal guarantees were required as provided for herein.

Appears in 1 contract

Samples: Joint Venture Agreement (Clean Coal Technologies Inc.)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the CompanyCompany beyond such Person’s respective Capital Contribution. Except as otherwise provided herein, except no Member shall be required to contribute to the extent of capital of, or to loan any funds to, the Member’s capital contributionsCompany.

Appears in 1 contract

Samples: Company Agreement (NGL Supply Terminal Company, LLC)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the Company, except Company beyond its respective Initial Capital Contribution. No Member shall be required to contribute to the extent of capital of, or to loan, the Member’s capital contributionsCompany any funds.

Appears in 1 contract

Samples: Company Agreement (Cabana Beverages, Inc.)

Liability of Members. No Member shall be liable for the debts, liabilities or obligations of the Company, except Company beyond its initial Capital Contribution. The Members shall not be required to contribute to the extent of capital of, or to loan any funds to, the Member’s capital contributionsCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cheniere Pipeline GP Interests, LLC)

Liability of Members. No Member shall be liable for any of the debts, liabilities liabilities, contracts or other obligations of the Company, except to the extent of the Member’s capital contributions.

Appears in 1 contract

Samples: Limited Liability Company Agreement (3055854 Nova Scotia Co)

Liability of Members. No Member shall be liable personally held accountable for any of the debts, losses, claims, judgments or any of the liabilities or obligations of the Company beyond the Member’s contributions to the capital of the Company, except to the extent of the Member’s capital contributionsas provided by law.

Appears in 1 contract

Samples: Operating Agreement

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