Common use of Limitation on Liability of Members Clause in Contracts

Limitation on Liability of Members. The liability of each Member hereunder shall be limited solely to the interest of such Member in the Company. The Members agree not to seek to recover against any person or entity other than the other Members with respect to any claim or circumstance arising out of or relating to the Company or the Properties and not to seek to recover on any claim against such other Member against any asset other than such Member's interest in the Company.