Limited liability definition

Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company.
Limited liability means limited by shares or limited by guarantee, according to the nature of the liability prescribed by the by-laws of the co- operative society;

Examples of Limited liability in a sentence

  • No. TYPE OF BUSINESS ENTITY (check one): Individual/Sole Proprietor Partnership Corporation (may require 2 signatures) Limited Liability Company Other (please specify: ) Signature of Authorized Person Print Name and Title Additional Signature (if required) Print Name and Title EXHIBIT A PROFESSIONAL SERVICES AGREEMENT SCOPE OF SERVICES 1.

  • The purpose of the Company is to engage in any lawful act or activity for which a Limited Liability Company may be formed within the State of Florida.

  • Effective (Month Day, Year), the Members form a limited liability company under the name (Company Name), L.L.C. (the "Company") on the terms and conditions in this Operating Agreement (the "Agreement") and pursuant to Chapter 605 Florida Revised Limited Liability Company Act (State Law) of the State of Florida (the "Act").

  • The Company is a limited liability company formed pursuant to Section 18-215 of the Delaware Limited Liability Company Act, Del.

  • Designated Partners are responsible for doing all the acts required to be done in accordance with the provisions of the Limited Liability Partnership (LLP) Act 2008.


More Definitions of Limited liability

Limited liability means that the liability of each shareholder is limited to the amount, if any, unpaid by the shareholder on the shares of the company, provided that the memorandum and articles of association contains a declaration that the liability of the member is so limited. We are subject to reporting and other informational requirements of the Exchange Act, as applicable to foreign private issuers. Except as otherwise disclosed in this prospectus, we currently intend to continue to comply with the NYSE rules in lieu of following home country practice. The NYSE rules require that every company listed on NYSE hold an annual general meeting of shareholders. In addition, our articles of association allow directors to call an extraordinary general meeting of shareholders pursuant to the procedures set forth in our articles.
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on that shareholder’s shares in the company (except in exceptional circumstances, such as involving
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company. We are subject to reporting and other informational requirements of the Exchange Act, as applicable to foreign private issuers. We currently intend to continue complying with the NASDAQ Stock Market Rules in lieu of following home country practice. The NASDAQ Stock Market Rules require that every company listed on the NASDAQ hold an annual general meeting of shareholders. In addition, our Memorandum and Articles of Association allow directors to call special general meetings of shareholders pursuant to the procedures set forth in our Memorandum and Articles of Association.
Limited liability. If we fail to provide Money Manager in accordance with the terms and conditions of this Agreement, we shall be responsible for correcting improper Account information. We are not responsible or liable for incomplete, incorrect, failed, or late Account information due to any other financial institution system failures, errors, or mistakes. Except as otherwise required by law, we will in no other event be liable for any losses, fees, overdraft charges, or damages other than those arising from our breach of a representation or warranty provided herein. You agree that your use of Money Manager constitutes authorization for us to obtain information related to your Accounts. You understand and agree that we are not liable under any circumstances for any losses or damagers, directly or indirectly, if, you suffer a loss based on the accuracy of information provided to you through Money Manager. You understand and agree that the service is provided “as is”. Except as otherwise provided in this agreement or as required by law, we assume no responsibility for the timeliness, deletion, mis-delivery, or failure to store any user communications or personalization settings. You understand and expressly agree that use of Money Manager is at your sole risk, that any material and/or data downloaded or otherwise obtained through the use of the service is downloaded or obtained at your own discretion and risk and that you will be solely responsible for any damages, including without limitation, damage to your computer system or loss of data that results from the download or the obtaining of such material and/or data. Except as expressly set forth on the web site or in this agreement, we disclaim all warranties of any kind, express or implied, including without limitation, any warranty of merchantability, fitness for a particular purpose or non-infringement of intellectual property or third party rights: and, we make no warranty or representation regarding the results that may be obtained from the use of Money Manager, the accuracy or reliability of any information obtained through Money Manager, the accuracy of any information retrieved by us from the Accounts or that Money Manager will meet any user's requirements, be uninterrupted, timely, secure, or error free. Except as described in this agreement, we will not be liable for any direct, indirect, incidental, special, consequential, or punitive damages of any kind resulting from the use of or the inability to use Money Mana...
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an
Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on that shareholder’s shares in the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil). We are subject to reporting and other informational requirements of the Exchange Act, as applicable to foreign private issuers.
Limited liability. The following sets forth IBM's entire liability and Customer's exclusive remedy: