Liability of General Partners. All debts and obligations of the Partnership shall be paid or discharged first with the assets of the Partnership before the General Partners shall be obligated to pay or discharge such debts or obligations (and then such obligation shall be only to the extent required by applicable law). The General Partners shall not be liable for the return of the Capital Contribution of any Limited Partner.
Appears in 4 contracts
Samples: Partnership Agreement (Goldman Sachs Group Lp), Limited Partnership Agreement (Berkshire Companies Limited Partnership), Limited Partnership Agreement (Blackstone Real Estate Acquisitions Iii LLC)