Manager’s Liability. Without limiting the Manager's liability to the Company for any breach of or failure to perform its covenants and obligations hereunder, no Manager shall be liable under a judgment, decree or order of a court, or in any other manner for the Debts or any other obligations or liabilities of the Company solely by reason of being a manager of the Company. The Manager shall not have any personal liability for the repayment of any Capital Contributions of any Member.
Appears in 2 contracts
Sources: Operating Agreement (Pepco Holdings Inc), Operating Agreement (Pepco Holdings Inc)