Limitation on Liability of Members. No Member shall be liable under a judgment, decree or order of a court, or in any other manner, for a debt, obligation or liability of the Company whether that liability or obligation arises in contract, tort or otherwise by reason of being a Member. No Member shall be required to loan any funds to the Company.
Appears in 1 contract
Sources: Limited Liability Company Agreement (United Benefits & Pension Services, Inc.)
Limitation on Liability of Members. No Member The Members shall not be bound by, or be personally liable under for, by reason of being a Member, a judgment, decree or order of a court, court or in any other manner, for a debtthe expenses, obligation liabilities or obligations of the Company, and the liability of the Company whether that liability or obligation arises in contract, tort or otherwise by reason of being a Member. No each Member shall be required to loan any funds limited solely to the Companyamount of its capital contributions.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Foster Wheeler Inc)
Limitation on Liability of Members. No The Members shall not be bound by or be personally liable for, by reason of being a Member shall be liable under or Manager, a judgment, decree or order of a court, court or in any other manner, for a debtthe expenses, obligation liabilities or obligations of the Company, and the liability of the Company whether that liability or obligation arises in contract, tort or otherwise by reason of being a Member. No each Member shall be required to loan any funds limited solely to the Companyamount of its capital contributions.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Foster Wheeler Inc)