Liability of the Limited Partner. The Limited Partner shall not be directly liable to any third party for the debts, liabilities, contracts or other obligations of the Partnership except to the extent of (a) any unpaid Capital Contributions agreed to be made by it as set forth in Sections 4.1 and 4.2, and (b) the Limited Partner's share of the assets (including undistributed revenues) of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (East Coast Power LLC), Limited Partnership Agreement (East Coast Power LLC)
Liability of the Limited Partner. The Limited Partner shall not be directly liable to any third party for the debts, liabilities, contracts or other obligations of the Partnership except to the extent of (a) any unpaid Capital Contributions agreed to be made by it as set forth in Sections 4.1 and 4.2, and (b) the Limited Partner's ’s share of the assets (including undistributed revenues) of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (LeBus Oil Field Service Co.), Limited Partnership Agreement (Capmark Finance Inc.)
Liability of the Limited Partner. The Limited Partner shall not be directly liable to any third party for the debts, liabilities, contracts or other obligations of the Partnership except to the extent of (a) any unpaid Capital Contributions agreed to be made by it them as set forth in Sections 4.1 and 4.2, and (b) the Limited Partner's ’s share of the assets (including undistributed revenues) of the Partnership.
Appears in 1 contract
Samples: Agreement of Limited Partnership (MBOW Four Star, L.L.C.)
