No Liability for Company Obligations. No Member will have any personal liability for any debts or losses of the Company, except as set forth in the Act.
No Liability for Company Obligations. No Member will have any personal liability for any debts or losses of the Company beyond his or its respective Capital Contributions.
No Liability for Company Obligations. The Member shall have no personal liability for any debts or losses of the Company beyond the Member’s Capital Contribution, except as provided by Section 508 of the New York Code or other applicable law, relating to liability for wrongful distributions.
No Liability for Company Obligations. No Member will have any personal liability for any debts or losses of the Company beyond such Member’s Capital Contribution, except as otherwise provided by this Agreement, including Section 6.02, and as provided bylaw.
No Liability for Company Obligations. No Member or its officers, directors, employees, agents or Affiliates shall be liable for the debts, obligations or liabilities of the Company (whether arising in contract, tort, statute or otherwise), including under a judgment, decree or order of a court, except as may be expressly provided in a separate, written guaranty or other agreement executed by a Member or its officers, directors, employees, agents or Affiliates or as may be provided under the Act relating to liability for wrongful distributions.
No Liability for Company Obligations. Without limiting the generality of Article VIII, a Member is not liable for the debts, obligations and liabilities of the Company, including under a judgment, decree or order of a court.
No Liability for Company Obligations. The Member shall have no personal liability for any debts or losses of the Company beyond its capital contributions, except as provided by any law imposing liability for wrongful distributions.
No Liability for Company Obligations. No Shareholder will have any personal liability for any debts or losses of the company beyond such Shareholder's Capital Contributions, except as provided by law.
No Liability for Company Obligations. Except as otherwise provided by the non-waivable provisions of the Act and by this Agreement, the Member shall have no personal liability for any debts, obligations, liabilities or losses of the Company solely by reason of being or acting as the Member.
No Liability for Company Obligations. Except as otherwise required 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 Managing Member (in each of its capacities as a member and a manager of the Company) shall have no personal liability for any such debts obligations, or liabilities of the Company solely by reason of being a member of the Company or participating in the management of the Company.
