MEMBERS; LIMITED LIABILITY OF MEMBERS Sample Clauses

MEMBERS; LIMITED LIABILITY OF MEMBERS. Section 3.1 Members. Each of the parties to this Agreement (other than the initial Manager), and each Person admitted as a Member of the Company pursuant to the Act and Section
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MEMBERS; LIMITED LIABILITY OF MEMBERS. CLASSES; SHARES OF MEMBERS; CERTIFICATES; VOTING RIGHTS;
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Related to MEMBERS; LIMITED LIABILITY OF MEMBERS

  • Limited Liability Except as provided by the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Member shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a member of the Company.

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