Liability of the Company. MCA understands and agrees that the obligations of the Company under this Agreement are not binding upon any Member or any person serving on the Board (a "Director") personally, but bind only the Company and the Company's property. MCA represents that it has notice of the provisions of the Company's Limited Liability Company Agreement disclaiming Member and Director liability for acts and obligations of the Company.
Appears in 8 contracts
Samples: Member Servicing Agreement (Mercantile Long Short Manager Fund LLC), Member Servicing Agreement (Mercantile Alternative Strategies Fund LLC), Member Servicing Agreement (Mercantile Long Short Manager Fund LLC)
