Limitation on Liability of Members. To the fullest extent permitted by law, no Member of the Company shall have any liability for the obligations or liabilities of the Company.
Appears in 4 contracts
Samples: Operating Agreement, Limited Liability Company Agreement (Nevada Property 1 LLC), Operating Agreement (Nevada Property 1 LLC)
Limitation on Liability of Members. To the fullest extent permitted by law, no No Member of the Company shall have any liability for the obligations any debt or liabilities liability of the Company, including any liability assumed by or taken subject to by the Company, except and to the extent such Member has specifically assumed liability.
Appears in 2 contracts
Samples: Operating Agreement (Wilson Donald R. Jr.), Operating Agreement (SCG Financial Acquisition Corp.)
