Limited Liability of Partners Sample Clauses

Limited Liability of Partners. Notwithstanding any other provision of this Agreement, no member or general partner or limited partner of any member, nor any future member or general partner or limited partner of nay future member, shall have any personal liability for the performance of any obligation of the Stockholder under this Agreement. Any liability of the Stockholder for money damages under this agreement shall be satisfied solely out of the assets of the Stockholder.
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Limited Liability of Partners. The Limited Partner shall not be liable for the losses, debts, liabilities, contracts or other obligations of the Partnership except as otherwise required by the law.
Limited Liability of Partners. Notwithstanding any other provision of this Agreement, neither the general partner nor the limited partners, nor any future general or limited partner of the Funds, nor any member or managing member of the Funds shall have any personal liability for performance of any obligation of such Common Stock Partnership or the Funds under this Agreement.
Limited Liability of Partners. Notwithstanding anything that may be expressed or implied in this Agreement, each KKR Holder and each Oaktree Investor, by its acceptance of the benefits of this Agreement, covenants, agrees and acknowledges that notwithstanding that the KKR Holder and the Oaktree Investors are partnerships no recourse under this Agreement or any documents or instruments delivered in connection with this Agreement shall be had against any officer, agent or employee of any KKR Holder or any Oaktree Investor, against any partner of any KKR Holder or Oaktree Investor or any director, officer, employee, partner, affiliate or assignee of any of the foregoing, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any statute, regulation or other applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by an officer, agent or employee of any KKR Holder or any Oaktree Investor or any partner of any KKR Holder or any Oaktree Holder or any director, officer, employee, partner, affiliate or assignee of any of the foregoing, as such for any obligations of any KKR Holder or Oaktree Investor under this Agreement or any documents or instruments delivered in connection with this Agreement or for any claim based on, in respect of or by reason of such obligations or their creation.
Limited Liability of Partners. Notwithstanding any other provision of this Agreement, in the case of any Security Holder which is a partnership, neither the limited partners, nor any future limited partner therein, shall have any personal liability for performance of any obligation of such Security Holder under this Agreement.
Limited Liability of Partners. Notwithstanding any other provision of this Agreement, (a) the obligations of the Purchaser and the Seller under this Agreement shall be without recourse to their respective general and/or limited partners and shall be limited in all events to the assets of the Purchaser and the Seller, respectively, and (b) neither the general partners nor the limited partners nor any future general or limited partner of the Purchaser or the Seller shall have any personal liability for performance of any obligation of the Purchaser or the Seller, respectively, under this Agreement.
Limited Liability of Partners. Notwithstanding any other provision of this Agreement, no general partner or limited partner, nor any future general or limited partner of any Stockholder, shall have any personal liability for performance of any obligation of such stockholder under this Agreement. Any liability of a Stockholder under this Agreement shall be satisfied solely out of the assets of such Stockholder.
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Limited Liability of Partners. Notwithstanding any provisions ------------------------------ hereof (but subject to the last sentence of Section 8(h)), (1) none of the obligations of the Stockholder under or contemplated by this Agreement shall be an obligation of any limited partner or general partner of the Stockholder, or any of their respective officers, directors, stockholders, limited partners, general partners or owners, or successors or assigns, (2) the Stockholders shall be the only person or entity liable with respect to such obligations, and (3) any monetary liability of the Stockholder under this Agreement shall be satisfied solely out of the assets of the Stockholder.
Limited Liability of Partners. Notwithstanding any other provision of this Agreement, neither the general partner nor the limited partners nor any future general or limited partner of KKR 1996 shall have any personal liability for performance of any obligation of KKR 1996 under this Agreement in excess of the respective capital contribution of such general partner and limited partners to KKR 1996.
Limited Liability of Partners. Anything in this Agreement or the Notes to the contrary notwithstanding, no recourse under or in respect of this Agreement or the Notes shall be had against any Partner, shareholder of a Partner or partner of a Partner by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of statute or otherwise, whether based on agency, deputization or otherwise, it being expressly agreed that no personal liability whatsoever shall attach to or be incurred by the Partners, shareholders of Partners or partners of Partners or any of them under or by reason of this Agreement or the Notes; provided that the foregoing limitation of liability shall in no way constitute a limitation on the right of the holders of the Notes to enforce their remedies against the Company's assets for the collection of amounts due and owing under the Notes or any other obligation of the Company contemplated by this Agreement. Each of the Notes shall contain a statement to the effect that the obligations of the Partners are limited as provided in this paragraph 11L.
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