Common use of Members Liability Clause in Contracts

Members Liability. No Member shall be liable under a judgment, decree or order of a court, or in any other manner for the debts or any other obligations or liabilities of the Company and each Member shall be liable only to make its Capital Contributions and shall not be required to restore a deficit balance in its Capital Account or to lend any funds to the Company or, after its Capital Contributions have been made pursuant to Article II, to make any additional contributions, assessments or payments to the Company; provided that a Member may be required to repay distributions made to it as provided in Section 18-607 of the Act. None of the Members, the Manager or the Special Purpose Manager shall have any personal liability for the repayment of any Capital Contributions of any Member.

Members Liability. No Member shall be liable under a judgment, decree or order of a court, or in any other manner for the debts Debts or any other obligations or liabilities of the Company and each solely by reason of being a Member of the Company. A Member shall be liable only to make its the Capital Contributions described in Section 3, on the terms therein described, and shall not be required to restore a deficit balance in its Capital Account or to lend any funds to the Company orCompany, after its Capital Contributions have been made pursuant to Article II, or to make any additional other contributions, assessments or payments to the Company; provided that a Member may be required to repay distributions made to it as provided in Section 18-607 of the Act. None of the Members, the Manager or the Special Purpose Manager shall have any personal liability for the repayment of any Capital Contributions of any Member.

Members Liability. No Member shall be liable under a judgment, decree decree, or order of a court, or in any other manner manner, for the debts Debts or any other obligations or liabilities of the Company and each Company. A Member shall be liable only to make its Capital Contributions and shall not be required to restore a deficit balance in its Capital Account or to lend any funds to the Company or, after its Capital Contributions have been made pursuant to Article IImade, to make any additional contributions, assessments assessments, or payments to the Company; , provided that a Member may be required to repay distributions made to it as provided in Section 18-607 of the Act. None of the Members, the Manager or the Special Purpose The Manager shall not have any personal liability for the repayment of any Capital Contributions of any Member.