Common use of Limited Liability of the Members Clause in Contracts

Limited Liability of the Members. Except as required under the Act or as expressly set forth in this Agreement, all debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, will be solely the debts, obligations and liabilities of the Company, and no Member will be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.

Limited Liability of the Members. Except as required under In accordance with the Act or as expressly set forth in this AgreementAct, all the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, will shall be solely the debts, obligations and liabilities of the Company, and no Member will the Members 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, notwithstanding the Managing Member’s exercising powers of the Company or managing the business and affairs of the Company.

Limited Liability of the Members. Except as required under In accordance with the Act or as expressly set forth in this AgreementAct, all the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, will shall be solely the debts, obligations and liabilities of the Company, and no Member will the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member Member of the Company, notwithstanding the Managing Member’s exercising powers of the Company or managing the business and affairs of the Company.