Common use of Manager’s Liability Clause in Contracts

Manager’s Liability. (a) The Manager shall not be liable under any judgment, decree or order of a court, or in any other manner, for any debt, obligation or liability of the Company. (b) The Manager shall not be liable to the Company or to any Member for any loss or damage sustained by the Company or by any Member, unless the loss or damage is the result of any willful misconduct, breach of fiduciary duty, fraud or negligence of Alamo or ▇▇▇▇▇▇ ▇▇▇▇▇ or any of Alamo’s Affiliates, principals, owners, officers, partners, employees or agents in connection with or arising out of the operation of the Company, the Leases or the Property. The parties intend this Section 3.10(b) to operate consistently with the provisions of Section 7.03.