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.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (AGY Holding Corp.), Limited Liability Company Agreement (AGY Holding Corp.)
No Liability for Company Obligations. The Member Members’ shall have no personal liability for any debts or losses of the Company beyond its capital contributionscontribution, except as provided by any law imposing law, relating to liability for wrongful distributions.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Axcan Intermediate Holdings Inc.)
No Liability for Company Obligations. The Member shall will have no personal liability for any debts or losses of the Company beyond its capital the Member’s respective contributions, except as provided by any law imposing liability law. The Manager shall not be liable for wrongful distributionsthe liabilities of the Company.
Appears in 2 contracts
Samples: Operating Agreement (Century at Murphy Creek, LLC), Operating Agreement (Century at Murphy Creek, LLC)
