Limited Liability of the Members. The Members shall have no personal liability for any debts or losses of the Company beyond its Interest, except as provided by law. Other than as provided in this Agreement and as may be required under the Act, the Members shall not be liable for any debts or losses of capital or profits of the Company or be required to contribute or lend funds to the Company.
Appears in 3 contracts
Samples: Operating Agreement (Windstream NuVox Arkansas, Inc.), Operating Agreement (Windstream NuVox Arkansas, Inc.), Operating Agreement (Windstream NuVox Arkansas, Inc.)
Limited Liability of the Members. The Members shall have no personal liability for any debts or losses of the Company beyond its their Interest, except as provided by law. Other than as provided in this Agreement and as may be required under the Act, the Members shall not be liable for any debts or losses of capital or profits of the Company or be required to contribute or lend funds to the Company.
Appears in 2 contracts
Samples: Operating Agreement (CSL Capital, LLC), Operating Agreement (Windstream NuVox Arkansas, Inc.)
Limited Liability of the Members. The Members shall have no personal liability for any debts or losses of the Company beyond its Interest, except Except as provided required by law. Other than as provided in this Agreement and as may be required under the Act, the Members shall not be liable have no liability for any debts obligations or losses of capital or profits liabilities of the Company or be required to contribute or lend funds to Company, solely by reason of being a member of the Company., unless such obligations or liabilities are expressly assumed by the Members in writing
Appears in 1 contract
Samples: Limited Liability Company Agreement (Global Media USA, LLC)
Limited Liability of the Members. The Members shall have no personal liability for any debts or losses of the Company beyond its Interest, except Except as provided required by law. Other than as provided in this Agreement and as may be required under the Act, the Members Members, including the Managing Member, shall not be liable have no liability for any debts obligations or losses of capital or profits liabilities of the Company or be required to contribute or lend funds to Company, solely by reason of being a member of the Company, unless such obligations or liabilities are expressly assumed by the Members, including the Managing Member, in writing.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Royal Purple, LLC)
Limited Liability of the Members. The Members shall have no personal liability for any debts or losses of the Company beyond its Interest, except Except as provided required by law. Other than as provided in this Agreement and as may be required under the Act, the Members shall not be liable have no liability for any debts obligations or losses of capital or profits liabilities of the Company or be required to contribute or lend funds to Company, solely by reason of being a member of the Company, unless such obligations or liabilities are expressly assumed by the Members in writing.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Royal Purple, LLC)
