Common use of Indemnification and Exoneration Clause in Contracts

Indemnification and Exoneration. 4.05(a)(1). STANDARDS FOR THE MANAGING GENERAL PARTNER NOT INCURRING LIABILITY TO THE PARTNERSHIP OR PARTICIPANTS. The Managing General Partner, the Operator, and their Affiliates shall not have any liability whatsoever to the Partnership or to any Participant for any loss suffered by the Partnership or Participants which arises out of any action or inaction of the Managing General Partner, the Operator, or their Affiliates if:

Appears in 4 contracts

Samples: Subscription Agreement (Atlas Energy for Nineties Public No 8 LTD), Certificate and Agreement (Atlas America Series 25-2004 a L P), Certificate and Agreement (Atlas America Series 25-2004 B Lp)

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Indemnification and Exoneration. 4.05(a)(1). STANDARDS FOR THE MANAGING GENERAL PARTNER NOT INCURRING LIABILITY TO THE PARTNERSHIP OR PARTICIPANTS. The Managing General Partner, the Operator, and their Affiliates shall not have any liability whatsoever to the Partnership Partnership, or to any Participant Participant, for any loss suffered by the Partnership or Participants which arises out of any action or inaction of the Managing General Partner, the Operator, or their Affiliates if:

Appears in 1 contract

Samples: Certificate and Agreement (Atlas America Public #15-2005 Program)

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