No Additional Contributions. No Member shall be required to contribute any additional capital to the Company, and no Member shall have personal liability for any obligation of the Company except as expressly provided by law.
Appears in 5 contracts
Samples: Operating Agreement (Natex Corp/Ut), Operating Agreement (O Gara Co), Operating Agreement (InSight Imaging Services Corp.)
No Additional Contributions. No Member shall be required to contribute any additional capital to the Company, and except as required under the Act or as expressly set forth in this Agreement, no Member shall have personal liability be personally liable for any obligation debt, obligation, or liability of the Company except as expressly provided by lawCompany, whether that liability or obligation arises in contract, tort, or otherwise.
Appears in 2 contracts
Samples: Operating Agreement (Unified Western Grocers Inc), Operating Agreement (Unified Western Grocers Inc)
No Additional Contributions. No Member shall be required to contribute any additional capital to the Company, Company and no Member shall have personal liability for any obligation of the Company except as expressly provided by law. In the event that the Company requires additional capital, each member shall have the right to contribute, pro-rata, such amount in order to maintain its Percentage in the Company.
Appears in 1 contract
Samples: Operating Agreement (Ckrush, Inc.)
