Common use of Limited Liability of Partners Clause in Contracts

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.

Appears in 4 contracts

Samples: Voting Agreement (Thomas Properties Group Inc), Voting Agreement (Thomas Properties Group Inc), Voting Agreement (Parkway Properties Inc)

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Limited Liability of Partners. Notwithstanding any other ------------------------------ provision of this Agreement, no member or general partner or limited partner, nor any future general or limited partner of any member, nor any future member or general partner or limited partner of nay future memberStockholder, shall have any personal monetary liability for the performance of any obligation of the such Stockholder under this Agreement. Any monetary liability of the Stockholder for money damages under this agreement Agreement shall be satisfied solely out of the assets of the Stockholder.

Appears in 3 contracts

Samples: Stockholder Agreement and Proxy (Gec Acquisition Corp), Stockholder Agreement and Proxy (Reltec Corp), Stockholder Agreement and Proxy (Gec Acquisition Corp)

Limited Liability of Partners. Notwithstanding any other provision of this Agreementletter agreement, no member or general partner or limited partner of any member, nor any future member or general partner or limited partner of nay any future member, shall have any personal liability for the performance of any obligation of the Stockholder Party under this Agreementletter agreement. Any liability of the Stockholder Party for money damages under this letter agreement shall be satisfied solely out of the assets of the StockholderStockholder Party.

Appears in 3 contracts

Samples: Reckitt Benckiser Group PLC, Reckitt Benckiser Group PLC, Schiff Nutrition International, Inc.

Limited Liability of Partners. Notwithstanding any other provision of this Agreementletter agreement, no member or general partner or limited partner of any member, nor any future member or general partner or limited partner of nay any future member, shall have any personal liability for the performance of any obligation of the Stockholder Party under this Agreementletter agreement. Any liability of the Stockholder for money damages Party under this letter agreement shall be satisfied solely out of the assets of the StockholderStockholder Party.

Appears in 2 contracts

Samples: Sealy Corp, Tempur Pedic International Inc

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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 any future member, shall have any personal liability for the performance of any obligation of the Stockholder Stockholders under this Agreement. Any liability of the Stockholder Stockholders for money damages under this agreement shall be satisfied solely out of the assets of the StockholderStockholders.

Appears in 2 contracts

Samples: Stockholders Agreement (Parkway Properties Inc), Stockholders Agreement (Cousins Properties Inc)

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