Guaranty by Company. The Company unconditionally and irrevocably guarantees to the Limited Partners the performance by the Company of its respective obligations as the General Partner and a Limited Partner under this Agreement. This guaranty is exclusively for the benefit of the Limited Partners and shall not extend to the benefit of any creditor of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Presidential Realty Corp/De/), Limited Partnership Agreement (Capital Automotive Reit), Limited Partnership Agreement (Capital Automotive Reit)
Guaranty by Company. The Company unconditionally and irrevocably ------------------- guarantees to the Limited Partners the performance by the Company General Partner and the REIT Limited Partner of its the respective obligations as of the General Partner and a the REIT Limited Partner under this Agreement. This guaranty is exclusively for the benefit of the Limited Partners and shall not extend to the benefit of any creditor of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Patriot American Hospitality Inc)
