Common use of Limited Liability of Members Clause in Contracts

Limited Liability of Members. Members and Managers of the Company shall not be liable under a judgment, decree or order of court, or in any other manner, for a debt, obligation or liability of the Company.

Appears in 4 contracts

Samples: Operating Agreement (Abigail II, LLC), Operating Agreement (Abigail LLC), Operating Agreement (Abigail II, LLC)

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Limited Liability of Members. The Members and Managers shall not have any liability for the obligations or liabilities of the Company shall not be liable under a judgment, decree except to the extent expressly provided in the Company Law or order of court, or in any other manner, for a debt, obligation or liability of the Companythis Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (New Residential Investment Corp.), Limited Liability Company Agreement (Springleaf Holdings, LLC), Limited Liability Company Agreement (New Residential Investment Corp.)

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