Limited Liability of Member. (a) The Member shall not be personally obligated to any third party for any debt, obligation or liability of the Company solely by reason of being a member.
Appears in 4 contracts
Samples: Operating Agreement (Roanoke Electric Steel Corp), Operating Agreement (Jackson Iron & Metal Co., Inc.), Operating Agreement (Roanoke Electric Steel Corp)
Limited Liability of Member. (a) The Member shall not be personally obligated to any third party for any debt, obligation or liability of the Company solely by reason of being a membermember of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Engility Holdings, Inc.), Operating Agreement (Indigent Care Services of Northeast Louisiana, Inc.)
Limited Liability of Member. (a) The Member shall not be personally obligated to any third party for any debt, obligation or liability of the Company solely by reason of being a member.
Appears in 1 contract