Liability of the Limited Partners. Each Limited Partner’s exposure to liabilities hereunder is limited to its interest in the Partnership. No Limited Partner shall be personally liable for the expenses, liabilities, debts, or obligations of the Partnership.
Appears in 4 contracts
Samples: Contribution Agreement (Federal Realty Investment Trust), Limited Partnership Agreement (Lexington Realty Trust), Limited Partnership Agreement (Lexington Master Limited Partnership)
Liability of the Limited Partners. Each Limited Partner’s 's exposure to liabilities hereunder is limited to its interest in the Partnership. No Limited Partner shall be personally liable for the expenses, liabilities, debts, or obligations of the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Ramco Gershenson Properties Trust), Management Agreement (Lexington Corporate Properties Trust)
