Common use of Limited Liability of Members Clause in Contracts

Limited Liability of Members. The Member shall have no personal liability for any debts or losses of the Company beyond its Interest, except as provided by law. Other than as provided in this Agreement and as may be required under the Act, the Member shall not be liable for any debts or losses of capital or profits of the Company or be required to contribute or lend funds to the Company.

Limited Liability of Members. The Except as otherwise required by applicable Law and as expressly set forth in this Agreement, no Member shall have no any personal liability for whatsoever in such Member’s capacity as a Member, whether to the Company, to any debts or losses of the Company beyond its Interestother Members, except as provided by law. Other than as provided in this Agreement and as may be required under to the Act, the Member shall not be liable for any debts or losses of capital or profits creditors of the Company or to any other third party, for the debts, liabilities, commitments or any other obligations of the Company or for any losses of the Company. Each Member shall be required liable only to contribute or lend funds make such Member’s Capital Contribution to the CompanyCompany and the other payments and covenants provided expressly herein.

Limited Liability of Members. The No Member shall have no any personal liability for any debts or losses obligation of the Company beyond its Interest, except as provided by law. Other than as provided in this Agreement and as may be required under the Act, the Member shall not be liable for any debts or losses personal liability expressly assumed in writing by the Managing Member in connection with the incurrence of capital or profits of the Company or be required to contribute or lend funds to the Companyindebtedness.

Limited Liability of Members. The Member Pursuant to the Act, the Members shall have no personal liability for whatsoever, whether to the Company, to any debts or losses of the Company beyond its InterestMembers, except as provided by law. Other than as provided in this Agreement and as may be required under or to the Actcreditors of the Company, for the Member shall not be liable for any debts or losses of capital or profits of the Company or any of its losses beyond the amounts contributed or committed to be required to contribute or lend funds contributed by that Member to the Companycapital of the Company pursuant to this Agreement; nor shall the Members have any other obligations or liabilities under this Agreement other than those specifically set forth in this Agreement.

Limited Liability of Members. The No Member shall have no personal liability be obligated personally for any debts debt, obligation or losses liability of the Company, whether arising in contract, tort or otherwise, solely by reason of being a Member. The failure of the Company beyond to observe any formalities or requirements relating to the exercise of its Interest, except as provided by law. Other than as provided in powers or management of its business or affairs under this Agreement and as may be required under or the Act, the Member Law shall not be liable grounds for any debts or losses imposing personal liability on the Members for liabilities of capital or profits of the Company or be required to contribute or lend funds to the Company.

Limited Liability of Members. The Member shall have no personal liability for any debts or losses of the Company beyond its Interest, except as provided by law. Other than as provided in this Agreement and as may be required under the Act, the A Member shall not be liable for any debts or losses of capital or profits of the Company debts, liabilities, contracts or other obligations of the Company. Except as otherwise provided in this Agreement or under applicable law, a Member shall be liable only to make their initial Capital Contribution and the Members shall not be required to contribute or lend any funds to the Company or, after their initial Capital Contribution shall have been paid, to make any further contributions to the capital of the Company.