Common use of Claims of Partners Clause in Contracts

Claims of Partners. The Partners shall look solely to the Partnership's assets for the return of their Capital Contributions, and if the assets of the Partnership remaining after payment of or reasonable provision for the payment of all liabilities of the Partnership are insufficient to return such Capital Contributions, the Partners shall have no recourse against the Partnership or any Partner.

Appears in 6 contracts

Samples: Limited Liability Limited Partnership Agreement (Vivendi Universal), Limited Liability Limited Partnership Agreement (Usa Networks Inc), Limited Liability Limited Partnership Agreement (Usa Interactive)

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Claims of Partners. The Partners shall look solely to the Partnership's ’s assets for the return of their Capital Contributionscapital contributions, and if the assets of the Partnership remaining after payment of or reasonable provision for the payment of all liabilities of the Partnership are insufficient to return such Capital Contributionscapital contributions, the Partners shall have no recourse against the Partnership or any Partner.

Appears in 2 contracts

Samples: Limited Liability Limited Partnership Agreement, Limited Liability Limited Partnership Agreement (DreamWorks Animation SKG, Inc.)

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Claims of Partners. The Partners shall look solely to the Partnership's assets for the return of their Capital Contributionscapital contributions, and if the assets of the Partnership remaining after payment of or reasonable provision for the payment of all liabilities of the Partnership are insufficient to return such Capital Contributionscapital contributions, the Partners shall have no recourse against the Partnership or any Partner.

Appears in 1 contract

Samples: Limited Liability Limited Partnership Agreement (DreamWorks Animation SKG, Inc.)

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