No Member Liability Sample Clauses

No Member Liability. Any indemnification provided under this Article 8 shall be satisfied solely out of assets of the Company, as an expense of the Company. No Member shall be subject to personal liability by reason of these indemnification provisions.
AutoNDA by SimpleDocs
No Member Liability. The debt, liabilities and obligations of the Construction Authority shall be the debts, liabilities and obligations of the Authority alone, and not the individual Members.
No Member Liability. No covenant, stipulation, obligation or agreement contained herein shall be deemed to be a covenant, stipulation, obligation or agreement of any present or future member of the governing body or agent or employee of the City or the Authority in its, his or their individual capacity, and neither the members of the City Commission or the Authority Board, nor any official executing this Agreement shall be liable personally or shall be subject to any accountability for reason of the execution by the City or the Authority of
No Member Liability. This Agreement has been made and executed by and on behalf of KMPFF for the benefit of KMPFF and the obligations of KMPFF set forth herein are not binding upon any of the Members individually, but are binding only upon the assets and property identified above and no resort shall be had to the Member’s personal property for the satisfaction of any obligation or claim hereunder.
No Member Liability. No Member shall be liable for the debts, liabilities, contracts or any other obligations of the Company.
No Member Liability. In no event shall any member in Borrower be liable for any amount outstanding hereunder, but the foregoing shall not be deemed to limit the liability of Forest City Enterprises, Inc. under that certain Guaranty executed and delivered to Lender of even date herewith.
AutoNDA by SimpleDocs
No Member Liability. All indemnification owed to any Indemnitee under this Section 4.2 shall be paid solely out of the assets of the Company (or insurance proceeds payable to the Company for such purposes), and no member shall be personally liable with respect to any claim for indemnity or reimbursement from such Indemnitee.
No Member Liability. If Manager makes any claim under this Agreement, Manager shall have no recourse to partners (general or limited), directors, officers, employees, or members of Tenant or to any Affiliate of Tenant or its partners. In the event that Tenant makes any claim against Manager, Tenant shall have no recourse to members, managers, directors, officers, or employees of Manager or to any Affiliate of Manager except for any Affiliate actually providing goods or services hereunder.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!