Liability of Association. The officers and members of the Board of Directors of the ASSOCIATION are, with respect to this Agreement, acting on behalf of the lot owners of the Property and shall have no personal liability hereunder (except as lot owners) and each lot owner's liability hereunder shall be limited to such proportion of the total liability hereunder as his interest in the Common Areas and Facilities of the Property bears to the interest of all owners in the Common Areas and Facilities ASSOCIATION and MANAGER incase of dispute of this contract parties agree to jurisdiction of Orange County.
Appears in 2 contracts
Sources: Management Agreement, Management Agreement