No Representations by LLC. Each Member acknowledges that the Manager have not made and hereby make no representations or warranties other than those set forth in this Agreement, and that neither any Manager, agent or employee of the LLC or of any Manager or any other Person has at any time expressly or implicitly represented, guaranteed or warranted to such Member that he, she or it may freely transfer such Person’s Interests, that a percentage of profit and/or amount or type of consideration will be realized as a result of an investment in the Interest, that past performance or experience on the part of the Manager or their Affiliates or any other Person in any way indicates the predictable results of the ownership of any Interests or of the overall LLC business, that any cash distributions from LLC operations or otherwise will be made to the Members by any specific date or will be made at all, or that any specific tax benefits will accrue as a result of an investment in the LLC.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement (Euroweb International Corp), Limited Liability Company Operating Agreement (Euroweb International Corp), Limited Liability Company Operating Agreement (Emvelco Corp.)
No Representations by LLC. Each Member acknowledges that the Manager have not made and hereby make no representations or warranties other than those set forth in this Agreement, and that neither any Manager, agent or employee of the LLC or of any Manager or any other Person has at any time expressly or implicitly represented, guaranteed or warranted to such Member that he, she or it may freely transfer such Person’s 's Interests, that a percentage of profit and/or amount or type of consideration will be realized as a result of an investment in the Interest, that past performance or experience on the part of the Manager or their Affiliates or any other Person in any way indicates the predictable results of the ownership of any Interests or of the overall LLC business, that any cash distributions from LLC operations or otherwise will be made to the Members by any specific date or will be made at all, or that any specific tax benefits will accrue as a result of an investment in the LLC.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (McCarthy Grenache Inc)
