No Member Liability Clause Samples
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No Member Liability. The debt, liabilities and obligations of the Construction Authority shall be the debts, liabilities and obligations of the Authority alone, and not the individual Members.
No Member Liability. No covenant, stipulation, obligation or agreement contained herein shall be deemed to be a covenant, stipulation, obligation or agreement of any present or future member of the governing body or agent or employee of the City or the Village in its, his or their individual capacity, and neither the members of the City Commission or the Village Commission, nor any official executing this Agreement shall be liable personally or shall be subject to any accountability for reason of the execution by the City or the Village of this Agreement.
No Member Liability. Any indemnification provided under this Article 8 shall be satisfied solely out of assets of the Company, as an expense of the Company. No Member shall be subject to personal liability by reason of these indemnification provisions.
No Member Liability. The debt, liabilities and obligations of the Delta Conveyance Design and Construction Joint Powers Authority shall be the debts, liabilities and obligations of the Authority alone, and not the individual Members.
No Member Liability. No Member shall be liable for the debts, liabilities, contracts or any other obligations of the Company.
No Member Liability. This Agreement has been made and executed by and on behalf of KMPFF for the benefit of KMPFF and the obligations of KMPFF set forth herein are not binding upon any of the Members individually, but are binding only upon the assets and property identified above and no resort shall be had to the Member’s personal property for the satisfaction of any obligation or claim hereunder.
No Member Liability. In no event shall any member in Borrower be liable for any amount outstanding hereunder, but the foregoing shall not be deemed to limit the liability of Forest City Enterprises, Inc. under that certain Guaranty executed and delivered to Lender of even date herewith.
No Member Liability. Any indemnification under SECTION 7.1 shall be satisfied solely out of the assets of the Company and no Indemnitee shall have any recourse against any Member with respect to such indemnification.
No Member Liability. No Member of Borrower shall have any personal liability for the payment and performance of the Obligations
No Member Liability. BHRS agrees that neither BHRS nor any of its Downstream Entities, in any circumstances, including, but not limited to nonpayment by HPSM shall ▇▇▇▇, charge, collect a deposit from, seek compensation, remuneration or reimbursement from, or have any recourse against any HPSM member for services performed under this Agreement. This provision shall survive the termination of this Agreement for any reason and shall be construed to be for the benefit of HPSM members.