Common use of Limited Liability of the Manager Clause in Contracts

Limited Liability of the Manager. Except as required under the Act -------------------------------- or as expressly set forth in this Agreement, no Person who is a Manager shall be personally liable under any judgment of a court, or in any other manner, for any debt, obligation, or liability of the Company, whether that liability or obligation arises in contract, tort, or otherwise.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp), Limited Liability Company Agreement (Point West Capital Corp)

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Limited Liability of the Manager. Except as required under the Act -------------------------------- or as expressly set forth in this AgreementAgreement or as required by law, no Person who is a Manager shall will be personally liable under any judgment of a court, or in any other manner, for any debt, obligation, obligation or liability of the Company, Company whether that liability or obligation arises in contract, tort, or otherwise, solely by reason of being the Manager of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Indie Semiconductor, Inc.), Operating Agreement (Thunder Bridge Acquisition II, LTD)

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