Common use of Liability of Partners Clause in Contracts

Liability of Partners. (a) The General Partner shall not be obligated to contribute cash or other assets to the Partnership to make up deficits in their Capital accounts or in the Capital Accounts of the Limited Partners either during the term of the Partnership or upon liquidation. The General Partner shall be liable for all debts and obligations of the partnership to the extent that the Partnership is unable to pay such debts and obligations up to the extent of Veteri's capital.

Liability of Partners. (a) The General Partner Partners shall not be obligated to contribute cash or other assets to the Partnership to make up deficits in their Capital accounts Accounts or in the Capital Accounts of the Limited Partners either during the term of the Partnership or upon liquidation. The General Partner Partners shall be liable for all debts and obligations of the partnership Partnership to the extent that the Partnership is unable to pay such debts and obligations up to the extent of Veteri's capitalobligations.

Liability of Partners. (a) The General Partner shall not be obligated to contribute cash or other assets to the Partnership to make up deficits in their its Capital accounts Account or in the Capital Accounts of the Limited Partners either during the term of the Partnership or upon liquidation. The General Partner shall be liable for all debts and obligations of the partnership Partnership to the extent that the Partnership is unable to pay such debts and obligations up to the extent of Veteri's capital.

Liability of Partners. (a) The General Partner Partner, in its capacity as general partner of the Partnership, shall not be personally obligated to contribute cash or other assets to the Partnership to make up deficits in their Capital accounts or in the Capital Accounts of the Limited Partners either during the term of the Partnership or upon liquidation. The General Partner shall be liable for all debts and obligations of the partnership to the extent that the Partnership is unable to pay such debts and obligations up to the extent of Veteri's capitalafter dissolution.