Common use of Limited Liability of Limited Partners Clause in Contracts

Limited Liability of Limited Partners. No Limited Partner shall be liable for any of the losses, debts or obligations of the Partnership, or be required to contribute any additional capital; provided, however, that a Limited Partner shall return any or all of that portion of its capital contribution which has been distributed to it to the extent required by the Act.

Limited Liability of Limited Partners. No Limited Partner shall be liable for any of the losses, debts or obligations of the Partnership, Partnership beyond the amount of his Capital Commitment or be required to contribute any additional capital; providedcapital beyond his Capital Commitment, howeveror be required to lend any funds to the Partnership, except that a Limited Partner shall may be required by law to return any or all of that portion of its capital contribution his Initial Capital Contribution which has been distributed to it him, with interest, if necessary to the extent required by the Actdischarge Partnership liabilities to all creditors who extended credit or whose claims arose prior to such return of capital.

Limited Liability of Limited Partners. No Limited Partner shall be ------------------------------------- liable for any of the losses, debts or obligations of the Partnership, Partnership beyond the amount of his Capital Commitment or be required to contribute any additional capital; providedcapital beyond his Capital Commitment, howeveror be required to lend any funds to the Partnership, except that a Limited Partner shall may be required by law to return any or all of that portion of its capital contribution his Initial Capital Contribution which has been distributed to it him, with interest, if necessary to the extent required by the Actdischarge Partnership liabilities to all creditors who extended credit or whose claims arose prior to such return of capital.

Limited Liability of Limited Partners. No Limited Partner shall be liable for have any personal liability whatever in his capacity as a Limited Partner, whether to the Partnership, to any Partner, or to creditors of the lossesPartnership, debts for debts, liabilities, contracts or other obligations of the Partnership, or be required for any losses of the Partnership, beyond the amount committed by such Limited Partner to contribute any additional capital; provided, however, that the capital of the Partnership as set forth from time to time in Exhibit A hereto. Each Interest of a Limited Partner shall return any or all of that portion of its capital contribution which has been distributed to it to the extent required by the Actbe fully paid and non-assessable.

Limited Liability of Limited Partners. No Limited Partner shall be liable for any of the losses, debts debts, liabilities, or obligations of the Partnership, Partnership or be required (except as provided in Section 3.8 hereof) to contribute any additional capital; provided, however, capital beyond his required Capital Contribution or to lend any funds to the Partnership except that a Limited Partner shall may be required by law pursuant to the Act to return any or all of that portion of its capital contribution his Capital Contribution which has been distributed to it to the extent required by the Acthim.

Limited Liability of Limited Partners. No Limited Partner shall be liable for any of the losses, debts or obligations of the Partnership, Partnership beyond the amount of his Capital Commitment or be required to contribute any additional capital; providedcapital beyond his Capital Commitment, howeveror be required to lend any funds to the Partnership, except that a Limited Partner shall may be required by law to return any or all of that portion of its capital contribution his Initial Capital Contribution which has been distributed to it him, with interest, if necessary to the extent required by the Act.discharge Partnership liabilities to all creditors who extended credit or whose claims arose prior to such return of capital. 4.2