Liability of General and Limited Partners. (a) General Partner shall have unlimited liability for the satisfaction and discharge of all losses, liabilities and expenses of the Partnership.
Appears in 2 contracts
Samples: Blackstone Group L.P., Blackstone Group L.P.
Liability of General and Limited Partners. (a) The General Partner shall have unlimited liability for the satisfaction and discharge of all losses, liabilities and expenses of the Partnership. The General Partner shall not have any liability for the return or repayment of the aggregate Capital Contributions of any Limited Partner.
Appears in 1 contract
Samples: Limited Partnership Agreement (Paine Webber Group Inc)
Liability of General and Limited Partners. (a) The General Partner shall have has unlimited liability for the satisfaction and discharge of all lossesundertakings, liabilities and expenses obligations of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Extendicare Real Estate Investment Trust)