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 (Master Focus Growth LLC), Limited Liability Company Agreement (Master Government Securities LLC), Limited Liability Company Agreement (Master Senior Floating Rate LLC)

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No Liability of Holders. All Interests, when issued in accordance with this AgreementDeclaration, shall be fully paid and nonassessable. Holders shall be entitled to the full protection against personal liability for the obligations of the Company Trust under Section 18-3803(a)

Appears in 6 contracts

Samples: Agreement and Declaration (GoodHaven Funds Trust), Riverpark Funds Trust (Riverpark Funds Trust), Underlying Funds Trust (Underlying Funds Trust)

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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 (Global Financial Services Master LLC), Limited Liability Company Agreement (Blackrock Master LLC), Limited Liability Company Agreement (Quantitative Master Series LLC)

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