Liability to Third Parties. No Member or beneficial owner of any Membership Interest shall be liable for the Liabilities of the Company.
Appears in 45 contracts
Samples: Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Spectra Energy Partners, LP)
Liability to Third Parties. No Member or beneficial owner of any Membership Interest shall be liable for the Liabilities debts, obligations or liabilities of the Company.
Appears in 36 contracts
Samples: Limited Liability Company Agreement, Trust Agreement, Limited Liability Company Agreement (iBio, Inc.)
Liability to Third Parties. No Member or beneficial owner of any Membership Interest its Affiliates shall be liable for the Liabilities debts, obligations or liabilities of the Company.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (RGC Resources Inc), Limited Liability Company Agreement (EQT Midstream Partners, LP), Limited Liability Company Agreement (EQT Corp)
Liability to Third Parties. No Member or beneficial owner of any Membership Interest shall be liable for the Liabilities debts, obligations or liabilities of the CompanyCompany solely by reason of being a Member.
Appears in 7 contracts
Samples: Limited Liability Company Operating Agreement (Duke Energy Indiana, LLC), Limited Liability Company Agreement (Phillips 66), Limited Liability Company Agreement (Spectra Energy Corp.)
Liability to Third Parties. No Member or beneficial owner of any Membership Interest its Affiliates shall be liable for the Liabilities debts, obligations or liabilities of the CompanyCompany or any Series.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (RGC Resources Inc), Limited Liability Company Agreement (EQT Midstream Partners, LP), Limited Liability Company Agreement (RGC Resources Inc)
Liability to Third Parties. No Member shall, by virtue of its, his or beneficial owner her status as a Member or its, his or her ownership of any a Membership Interest shall or a Unit, be liable for the Liabilities debts, obligations or liabilities of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (K-Sea Tranportation Partners Lp), Limited Liability Company Agreement (K-Sea Transportation Partners Lp)
Liability to Third Parties. No Member or beneficial owner of any Membership Interest Shares shall be liable for the Liabilities debts, obligations or liabilities of the Company. No Member shall be required to make any contribution to the capital of the Company with respect to his or her Shares.
Appears in 2 contracts
Samples: Operating Agreement (Edgen Louisiana CORP), Operating Agreement (Edgen Louisiana CORP)
Liability to Third Parties. No Member or beneficial owner of any Membership Interest shall be liable for the Liabilities debts, obligations or liabilities of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (El Paso Corp/De)
Liability to Third Parties. No Member or beneficial owner of any Membership Interest Shares shall be liable for the Liabilities debts, obligations or liabilities of the Company.
Appears in 1 contract
Samples: Operating Agreement (Manitowoc FSG Operations, LLC)
