Liability of the Sole Member and Manager. Neither the Sole Member nor the Manager shall be personally liable for any of the debts, liabilities, contracts or other obligations of the Company solely by reason of being the Sole Member or Manager of the Company.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Ikon Receivables Funding LLC), Limited Liability Company Agreement (Ikon Receivables LLC), Limited Liability Company Operating Agreement (Greenpoint Mortgage Securities Inc/)
Liability of the Sole Member and Manager. Neither the ---------------------------------------- Sole Member nor the Manager shall be personally liable for any of the debts, liabilities, contracts or other obligations of the Company solely by reason of being the Sole Member or Manager of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ikon Receivables LLC), Limited Liability Company Agreement (Ikon Receivables Funding LLC)
