Liability of the Member. Except as otherwise provided in the Act, the Member, as such, shall have no personal liability whatsoever to the Company or any of the creditors of the Company for the debts, liabilities, contracts or other obligations of the Company or any of the Company's losses beyond the Member's Capital Contribution and, solely to the extent and for the period required by applicable law, the amount of the Member's Capital Contribution, if any, which is returned to it.
Appears in 15 contracts
Samples: Limited Liability Company Agreement (Apex Therapeutic Care, Inc.), Limited Liability Company Agreement (Apex Therapeutic Care, Inc.), Limited Liability Company Agreement (Alliant Techsystems Inc)
Liability of the Member. Except as otherwise provided in the Act, the Member, as such, shall have no personal liability whatsoever to the Company or any of the creditors of the Company for the debts, liabilities, contracts or other obligations of the Company or any of the Company's ’s losses beyond the Member's ’s Capital Contribution and, solely to the extent and for the period required by applicable law, the amount of the Member's ’s Capital Contribution, if any, which is returned to it.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (ATK Space Systems Inc.), Limited Liability Company Agreement (Curative Health Services Inc), Limited Liability Company Agreement (Curative Health Services Inc)
