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 beyond his or its respective Capital Contributions.

Appears in 3 contracts

Samples: Operating Agreement (Safe & Green Development Corp), Operating Agreement (Safe & Green Development Corp), Operating Agreement (Sg Blocks, Inc.)

AutoNDA by SimpleDocs

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, except as provided by law.

Appears in 2 contracts

Samples: Operating Agreement (Walden Residential Properties Inc), Operating Agreement (Walden Residential Properties Inc)

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 ContributionsCompany, except as provided by applicable law.

Appears in 2 contracts

Samples: Operating Agreement (Strategic Timber Trust Inc), Operating Agreement (Strategic Timber Trust Inc)

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, except as provided by law or otherwise provided by separate agreement among the Members.

Appears in 2 contracts

Samples: Operating Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Operating Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

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, except as provided by nonwaivable provisions of law.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)

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 such Member's Capital ContributionsContribution, except as provided by law, relating to liability for wrongful distributions.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Shipyard River Coal Terminal Co), Limited Liability (Shipyard River Coal Terminal Co)

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 ContributionsCompany. Notwithstanding the foregoing, Members may be asked to personally guarantee certain loan transactions entered into by the Company.

Appears in 2 contracts

Samples: entrustcapitalgroup.com, Liability Company Operating Agreement

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 Initial Capital ContributionsContribution, except as provided by law.

Appears in 1 contract

Samples: Operating Agreement (Ryan's Restaurant Leasing Company, LLC)

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 ContributionsCompany.

Appears in 1 contract

Samples: Operating Agreement

No Liability for Company Obligations. No Except as expressly set forth herein, no Member will have any personal liability for any debts or losses of the Company beyond his or its respective Capital ContributionsCompany.

Appears in 1 contract

Samples: Operating Agreement (Good Times Restaurants Inc)

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, except as provided by law.

Appears in 1 contract

Samples: Operating Agreement

AutoNDA by SimpleDocs

No Liability for Company Obligations. No Member will have any personal liability for any debts or losses of the Company beyond his or its the Member’s respective Capital Contributions, except as provided by law.

Appears in 1 contract

Samples: Operating Agreement (iPCS, INC)

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 ContributionsCompany, except as provided by applicable law and the Financing Documents.

Appears in 1 contract

Samples: Operating Agreement (Strategic Timber Trust Inc)

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.

Appears in 1 contract

Samples: Operating Agreement (Wendy's of Denver, Inc.)

No Liability for Company Obligations. No Member will have any personal liability for any debts or losses of the Company beyond his respective Contributions, except as provided by law or its respective Capital Contributionsotherwise provided by separate agreement among the Members.

Appears in 1 contract

Samples: Operating Agreement (Cannaisseur Group Inc.)

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 ContributionsContributions except as provided by law.

Appears in 1 contract

Samples: Sales and Services Agreement (Nobility Homes Inc)

No Liability for Company Obligations. No Member will have any personal liability for any debts or losses of the Company beyond his with the exception of any banking lines and or its respective Capital Contributionsleases that require personal guarantees accompanying the approval of 100% of the vote from Members.

Appears in 1 contract

Samples: Operating Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!