Common use of No Liability of Holders Clause in Contracts

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)

AutoNDA by SimpleDocs

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)

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