Common use of Manager’s Liability Clause in Contracts

Manager’s Liability. (a) The Manager shall not be liable under any judgment, decree or order of a court, or in any other manner, for any debt, obligation or liability of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Unified Western Grocers Inc), Operating Agreement (Unified Western Grocers Inc)

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Manager’s Liability. (a) The Manager shall not be liable under to the ------------------- Company or any judgment, decree or order of a court, or in any other manner, Member for any debtloss suffered by the Company or a Member which arises out of any act or omission by the Manager in the exercise of its judgment in managing the affairs of the Company's business; however, obligation this provision shall not eliminate or limit the liability of the Company.Manager for:

Appears in 1 contract

Samples: Operating Agreement (Grand Palais Riverboat Inc)

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Manager’s Liability. (a) The No Manager shall not be liable under any judgment, decree or order of a court, or in any other manner, for any debt, obligation obligation, or liability of the Companycompany.

Appears in 1 contract

Samples: Limited Liability Company (STWC. Holdings, Inc.)

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