Liquidator. To the maximum extent permitted by law (including, without limitation, ERISA), no Person serving as liquidator shall be liable to the Company or any Member for any loss suffered by the Company or any Member which arises out of any action or omission of such Person, provided that such Person did not act in bad faith.
Appears in 14 contracts
Sources: Limited Liability Company Agreement (TCW Direct Lending VIII LLC), Limited Liability Company Agreement (TCW Spirit Direct Lending LLC), Limited Liability Company Agreement (Senior Credit Investments, LLC)
Liquidator. To the maximum extent permitted by law (including, without limitation, ERISA), no Person serving as liquidator shall be liable to the Company or any Member for any loss suffered by the Company or any Member which arises out of any action or omission of such Person, provided that such Person did not act in bad faithfaith or with willful misconduct.
Appears in 1 contract
Sources: Limited Liability Company Agreement (TCW Direct Lending LLC)