Limited Liability of the Members. Except for contributions specifically required under Section 3.1 or agreed to by a Member as contemplated by Section 3.1, no Member (solely in its capacity as a Member) has any obligation to contribute to the Company or any liability for any Company obligations. Any liability to return distributions made by the Company is limited to mandatory requirements of the Act or of any other applicable law.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Mittal Steel USA Inc.), Limited Liability Company Agreement (Mittal Steel USA Inc.), Limited Liability Company Agreement (Mittal Steel USA Inc.)
Limited Liability of the Members. Except for contributions specifically required the contribution contemplated under Section 3.1 SECTION 2.2 or agreed to by a Member the Members as contemplated by Section 3.1SECTION 2.3, no Member (solely in its capacity as a Member) has the Members do not have any obligation to contribute to the Company (or any of its subsidiaries) or any liability for any Company obligationsobligations (or any obligations of its subsidiaries). Any liability to return distributions made by the Company is limited to mandatory requirements of the Act or of any other applicable law.
Appears in 1 contract
Samples: Operating Agreement (Stewart & Stevenson Funding Corp.)
