Common use of No Liability for Company Debts; Limited Liability Clause in Contracts

No Liability for Company Debts; Limited Liability. (a) The debts, liabilities and obligations of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, liabilities and obligations of the Company, and no Member or officer shall be liable for any such debts, liabilities or obligations.

Appears in 3 contracts

Samples: Limited Liability Company (Nutrition Headquarters (De), Inc.), Limited Liability Company Operating Agreement (Nutrition Headquarters (De), Inc.), Limited Liability Company Operating Agreement (Nutrition Headquarters (De), Inc.)

AutoNDA by SimpleDocs

No Liability for Company Debts; Limited Liability. (a) The debts, liabilities and obligations of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, liabilities and obligations of the Company, and no Member or officer Manager shall be liable for any such debts, liabilities or obligations.

Appears in 2 contracts

Samples: Company Agreement (Eagle Ford Oil & Gas Corp), Limited Liability Company Agreement (Forbes Energy Services LLC)

AutoNDA by SimpleDocs

No Liability for Company Debts; Limited Liability. (a) The debts, liabilities and obligations of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, liabilities and obligations of the Company, and for which no Member or officer Manager shall be liable for any such debts, liabilities or obligationsliable.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Main Street Capital CORP)

Time is Money Join Law Insider Premium to draft better contracts faster.