Common use of Liability of Partners Clause in Contracts

Liability of Partners. No Limited Partner shall be liable for the debts, liabilities, contracts or any other obligations of the Partnership. Except as agreed upon by the Partners, and except as otherwise provided by the Act or by any other applicable state law, no Partner shall be required to make any other Capital Contributions or to loan any funds to the Partnership. No Partner shall have any personal liability for the repayment of its Capital Contributions or loans of any other Partner.

Liability of Partners. No Limited Partner shall be liable for any debt, obligation or liability of the debts, liabilities, contracts Partnership or of any other obligations Partner or have any obligation to restore any deficit balance in its Capital Account solely by reason of being a Partner of the Partnership. Except as agreed upon , except to the extent required by the Partners, and except as otherwise provided by the Act or by any other applicable state law, no Partner shall be required to make any other Capital Contributions or to loan any funds to the Partnership. No Partner shall have any personal liability for the repayment of its Capital Contributions or loans of any other PartnerAct.

Liability of Partners. No Limited Partner shall be liable for the debts, liabilities, contracts or any other obligations of the Partnership. Except as agreed upon by the Partners, and except as otherwise provided by the Act or by any other applicable state law, no Partner shall be required to make any other Capital Contributions or to loan any funds to the Partnership. No Partner shall have any personal liability for the repayment of its the Capital Contributions or loans of any other Partner.

Liability of Partners. No Limited Partner shall be liable for any debt, obligation or liability of the debts, liabilities, contracts Partnership or of any other obligations Partner or have any obligation to restore any deficit balance in its Capital Account solely by reason of being a Limited Partner of the Partnership. Except as agreed upon , except to the extent required by the Partners, and except as otherwise provided by the Act or by any other applicable state law, no Partner shall be required to make any other Capital Contributions or to loan any funds to the Partnership. No Partner shall have any personal liability for the repayment of its Capital Contributions or loans of any other PartnerAct.

Liability of Partners. (a) No Partner shall be required to make any Capital Contributions to the Partnership in excess of its Capital Commitment. No Limited Partner shall be liable for the debts, liabilities, contracts contracts, or any other obligations of the Partnership. Except as agreed upon by the Partners, and Partnership in excess of such Limited Partner’s Capital Commitment except as otherwise provided required by the Act or by any other applicable state law, no Partner shall be required to make any other Capital Contributions or to loan any funds to the Partnership. No Act. (b) The General Partner shall have any no personal liability for the repayment of the Capital Contribution of any Limited Partner or to repay to the Partnership any portion or all of any balance of less than zero in its Capital Contributions or loans of any other PartnerAccount.