Common use of No Liability for Company Obligations Clause in Contracts

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.

Appears in 26 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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No Liability for Company Obligations. No Except as otherwise provided by the non-waivable provisions of the Act and by this Agreement, the Member will shall have any no personal liability for any debts or losses of the Company, except Company solely by reason of being or acting as set forth in the ActMember.

Appears in 2 contracts

Samples: Operating Agreement (Capitalsource Holdings LLC), Operating Agreement (Capitalsource Holdings LLC)

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