Common use of No Liability for Company Obligations Clause in Contracts

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.

Appears in 2 contracts

Samples: Operating Agreement (Phoenix Container, Inc.), Operating Agreement (Aptitude Solutions, Inc.)

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No Liability for Company Obligations. No Shareholder will have any personal liability for any debts or losses of the Company company beyond such Shareholder’s 's Capital Contributions, except as provided by law.

Appears in 2 contracts

Samples: Operating Agreement (National Boston Medical Inc), Operating Agreement (National Boston Medical Inc)

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