No Liability of Holders. All Interests, when issued in accordance with this Agreement, shall be fully paid and nonassessable. Holders shall be entitled to the full protection against personal liability for the obligations of the Company under Section 18-
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Short Term Bond Master LLC), Limited Liability Company Agreement (Master Tax Exempt LLC), Limited Liability Company Agreement (Master Focus Growth LLC)
No Liability of Holders. All Interests, when issued in accordance with this Agreement, shall be fully paid and nonassessable. Holders shall be entitled to the full protection against personal liability for the obligations of the Company under Section 18-
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Quantitative Master Series LLC), Limited Liability Company Agreement (Global Financial Services Master LLC), Limited Liability Company Agreement (Blackrock Master LLC)