Common use of Rights and Obligations of Members Clause in Contracts

Rights and Obligations of Members. Dissolution of the Company for any cause shall not release a Member from any liability which such Member had already incurred at the time of dissolution and termination or affect in any way the survival of the rights, duties and obligations of a Member provided for in Section 4.5, Article 8, Section 11.11 or Section 11.13 of this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Energy Conversion Devices Inc), Operating Agreement (Chevrontexaco Corp)

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Rights and Obligations of Members. Dissolution of the Company for any cause shall not release a Member from any liability which such Member had already incurred at the time of dissolution and termination or affect in any way the survival of the rights, duties and obligations of a Member provided for in Section 4.5, Article 8, Section 11.11 or Section 11.13 Section11.13 of this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Energy Conversion Devices Inc)

Rights and Obligations of Members. Dissolution of the Company for --------------------------------- any cause shall not release a Member from any liability which such Member had already incurred at the time of dissolution and termination or affect in any way the survival of the rights, duties and obligations of a Member provided for in Section 4.5, Article 8, Section 11.11 or Section 11.13 of this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Energy Conversion Devices Inc)

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Rights and Obligations of Members. Dissolution of the Company for any cause shall not release a Member from any liability which such Member had already incurred at the time of dissolution and termination or affect in any way the survival of the rights, duties and obligations of a Member provided for in Section 4.5, Article 8, Section 11.11 or Section 11.13 of this Agreement.and

Appears in 1 contract

Samples: Limited Liability Company Agreement (Energy Conversion Devices Inc)

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