Common use of No Liability of Members Clause in Contracts

No Liability of Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member.

Appears in 29 contracts

Samples: Limited Liability Company Agreement (FanSided Inc.), Series Operating Agreement, Limited Liability Company Agreement

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No Liability of Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member or Manager shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a MemberMember or Manager.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC), Limited Liability Company Operating Agreement (Excelsior Venture Partners Fund Iii LLC)

No Liability of Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member Members, Director or Officer shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member, Director or Officer.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Acco Brands Corp), Limited Liability Company Agreement (Acco Brands Corp)

No Liability of Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no . No Member shall be obligated personally have any liability for any such debtthe debts, obligation obligations or liability liabilities of the Company solely by reason of being a or any other Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Translink Management Development Corp)

No Liability of Members. All debts, obligations and liabilities ----------------------- of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no . No Member shall be obligated personally have any liability for any such debtthe debts, obligation obligations or liability liabilities of the Company solely by reason of being a Member, and no Member shall have any liability for the debts, obligations or liabilities of any other Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Entergy Corp /De/)

No Liability of Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, Company and no Member shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (T-Mobile USA, Inc.)

No Liability of Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member.no

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC)

No Liability of Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member.. The failure of the Company to observe any formalities or requirements relating to the

Appears in 1 contract

Samples: Limited Liability Company Agreement (Church & Dwight Co Inc /De/)

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No Liability of Members. All debts, obligations obligations, and liabilities of the Company, whether arising in contract, tort tort, or otherwise, otherwise shall be solely the debts, obligations obligations, and liabilities of the Company, and no Member shall be obligated personally for any such debt, obligation obligations, or liability of the Company solely by reason of being a Member.

Appears in 1 contract

Samples: Limited Liability Company (Ignis Petroleum Group, Inc.)

No Liability of Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member. The failure of the Company to observe any formalities or requirements relating to the exercise of its powers or management of its business or affairs under this Agreement shall not in and of itself be grounds for imposing personal liability on a Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Armkel LLC)

No Liability of Members. All Except as otherwise expressly required by the Act, all debts, obligations and liabilities of the Company, whether arising in contractcontributions, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member shall be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member.

Appears in 1 contract

Samples: Operating Agreement (Global Partner Acquisition Corp.)

No Liability of Members. All debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member or Manager shall be obligated personally for any such debt, obligation or liability of the Company Com pany solely by reason of being a MemberMember or Manager.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC)

No Liability of Members. All debts, obligations obligations, and liabilities of the Company, whether arising in contract, tort tort, or otherwise, shall be solely the debts, obligations obligations, and liabilities of the Company, and no . No Member shall be obligated personally for any such debt, obligation obligation, or liability of the Company solely by reason of being a Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (U S Energy Systems Inc)

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