LIABILITIES OF THE PARTNERS Sample Clauses

LIABILITIES OF THE PARTNERS. 6.1 The liability of the Limited Partner and of the Managing Limited Partner shall be limited to the amount of their respective capital contributions referred to in clause 9.2 and each of them shall have no personal liability whatsoever for the debts, contracts or any obligation and liabilities of the Partnership or for any of its losses.
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LIABILITIES OF THE PARTNERS. (a) The General Partner has unlimited liability for the debts, undertakings, liabilities, losses and obligations of the Partnership. Except in cases of negligence or wilful misconduct, the General Partner will not be liable to the Limited Partner for a mistake or error in judgment, any act or omission believed in good faith to be within the scope of the authority conferred on the General Partner by this Agreement, or any loss or damage to the property or assets of the Partnership caused by circumstances beyond the control of the General Partner.
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LIABILITIES OF THE PARTNERS. 10.1 Liability of General and Limited Partners 36 10.2 Indemnity of Partnership 37 10.3 Indemnity of General Partner 37 10.4 Indemnity of Limited Partners 39 10.5 Costs of Litigation 39 10.6 Negligent Acts 39 10.7 Admission of Negligent Acts 39 10.8 Notification of Potential Claim or Inquiry 39 10.9 Liability Insurance 40 10.10 Correction of Default by General Partner 40
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LIABILITIES OF THE PARTNERS. Limited Liability of Limited Partners
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LIABILITIES OF THE PARTNERS. 9.1 The General Partner has unlimited liability for the undertakings, liabilities and obligations of the Partnership. The liability of each Limited Partner for the liabilities, undertakings and obligations of the Partnership shall be limited to the amount of such Limited Partner’s Capital Contribution actually made or agreed to be made. A Limited Partner will have no further personal liability for such liabilities, undertakings and obligations and, following the payment of the Capital Contribution, he will not be liable for any further calls or assessments or further contributions to the Partnership.
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LIABILITIES OF THE PARTNERS 
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Related to LIABILITIES OF THE PARTNERS

  • Liabilities of the Company The Company does not have any Obligations of a nature required by GAAP to be disclosed on a consolidated balance sheet of the Company, except: (i) as disclosed in the Financial Statements; or (ii) incurred in the Ordinary Course of Business since the date of the last Financial Statements filed by the Company with the SEC that have not had, and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

  • Liabilities of the Adviser A. In the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder on the part of the Adviser, the Adviser shall not be subject to liability to the Trust or the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security by the Fund.

  • Liabilities of the Manager A. In the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder on the part of the Manager, the Manager shall not be subject to liability to the Trust or the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security by the Fund.

  • Responsibilities of the Parties 7.1. Rostelecom and the User bear responsibility for non-fulfillment or improper fulfillment of their responsibilities in the Agreement in accordance with the current law of the Russian Federation, (including the Regulations) and the Agreement.

  • Responsibilities of the Company 11.1 The Company agrees that it will perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged and delivered all such further and other acts, documents, instruments and assurances as may reasonably be required by the Transfer Agent for the carrying out, or performing by the Transfer Agent of the provisions of this Agreement.

  • Organizational Expenses; Liabilities of the Holders (a) The Servicer shall pay organizational expenses of the Issuer as they may arise.

  • Liabilities of Seller All liabilities of Seller related to the Business or the Assets that are not Assumed Liabilities will be promptly paid by Seller as they come due.

  • Liabilities of the Master Servicer The Master Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by it herein.

  • Liabilities If this Agreement is terminated pursuant to this Section, such termination shall be without liability of any party to any other party except as provided in Section 4 hereof, and provided further that Sections 1, 6, 7 and 8 shall survive such termination and remain in full force and effect.

  • Responsibilities of the Borrower (a) Anything herein to the contrary notwithstanding, the Borrower shall: (i) perform all of its obligations, if any, under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Administrative Agent, or any other Credit Party of their respective rights hereunder shall not relieve the Borrower from such obligations and (ii) pay when due any taxes, including any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. None of the Credit Parties shall have any obligation or liability with respect to any Collateral, nor shall any of them be obligated to perform any of the obligations of the Borrower, the Servicer or any Originator thereunder.

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