Common use of Limited Liability of Members Clause in Contracts

Limited Liability of Members. The liability of each Member is limited to its obligation to make Capital Contributions to the Fund in amounts from time to time provided by this Agreement and to make the payments required by this Agreement and its respective Subscription Agreement, all of which obligations are intended to be enforceable only by the Fund and the Manager but not by creditors of the Fund, and nothing elsewhere set forth in this Agreement or in any other document, and nothing arising from any other transaction whatsoever between or among any or all of the Members or the Fund, shall have the effect of removing, diminishing or otherwise affecting such limitation.

Limited Liability of Members. The liability of each Member is limited to its obligation to make Capital Contributions to the Fund Company in amounts from time to time provided by this Agreement and to make the payments required by this Agreement and its respective Subscription Agreement, all of which obligations are intended to be enforceable only by the Fund Company and the Manager but not by creditors of the FundCompany, and nothing elsewhere set forth in this Agreement or in any other document, and nothing arising from any other transaction whatsoever between or among any or all of the Members or the FundCompany, shall have the effect of removing, diminishing or otherwise affecting such limitation.