Limited Liability of the Member. Unless otherwise expressly provided in any Basic Document, all debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Efcar, LLC), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)
Limited Liability of the Member. Unless Except as otherwise expressly provided in any Basic Documentby the Act, all debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall will be solely the debts, obligations and liabilities of the Company, and the Member shall will not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Mercedes-Benz Auto Receivables Trust 2022-1), Limited Liability Company Agreement (Daimler Trucks Retail Receivables LLC), Limited Liability Company Agreement (Daimler Trust)
Limited Liability of the Member. Unless otherwise expressly provided in any Basic Document, all debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall will be solely the debts, obligations and liabilities of the Company, and the Member shall will not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Ford Credit Floorplan LLC), Limited Liability Company Agreement (Ford Credit Floorplan Corp), Limited Liability Company Agreement (Triad Financial Special Purpose LLC)
Limited Liability of the Member. Unless otherwise Except as required under the Act or as expressly provided set forth in any Basic Documentthis Agreement, all debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall will be solely the debts, obligations and liabilities of the Company, and the Member shall will not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.
Appears in 1 contract
Samples: Operating Agreement (MACRO Securities Depositor, LLC)
Limited Liability of the Member. Unless otherwise expressly provided in any Basic Document, all debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall will be solely the debts, obligations and liabilities of the Company, and the Member shall will not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companymember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables LLC)
Limited Liability of the Member. Unless otherwise expressly provided in any Basic Document, all debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Companymember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)
Limited Liability of the Member. Unless otherwise expressly provided in any Basic Document, all All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall will be solely the debts, obligations and liabilities of the Company, and the Member shall will not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.
Appears in 1 contract
