No Liability for Return of Capital. The General Partners shall not be personally liable for the return of all or any part of the Capital Contributions of the Limited Partners. Any such return shall be made solely from Partnership assets.
No Liability for Return of Capital. No Member shall be personally liable for the return of all or any part of the Capital Contributions of the other Members. Any such return shall be made solely from Company Assets.
No Liability for Return of Capital. Except as provided in the Limited Liability Company Act, the Manager shall not be liable for the return or repayment of all or any portion of the Capital Contributions or profits of the Members (or assignees). Any return or repayment of capital or profits made pursuant to this Agreement shall be made solely from the assets of the Company (which shall not include any right of contribution from the Manager).
No Liability for Return of Capital. (a) The liquidator(s), the Manager Member and their respective officers, directors, agents, partners and Affiliates shall not be personally liable for the return of the capital contributions of any Member. No Member (other than the Managing Member, to the extent required by Section 11.4(b)) shall be liable to restore to the Company any deficit balance in such Member's Capital Account if any such deficit should exist after the Company's final liquidating distribution.
(b) If, after the Company has made its final Liquidating Distribution, the Manager Member's Capital Account is negative, then, notwithstanding foregoing, the Manager Member shall return to the Company part or all of the distributions received by it pursuant to Article VIII or this Article XI in an aggregate amount equal to such deficit but not in excess of such Manger Member's Restoration Amount. Returns made by the Manager Member pursuant to this Section 11.4 shall be made in cash. The Manager Member shall use best efforts to make any such returns and/or payments promptly and in any event in conformity with the timing requirements of Treasury Regulation Section 1.704-1(b)(2)(ii)(g). Amounts repaid by the Manager Member pursuant to this Section 11.4 shall be paid to the Funds in satisfaction of the Company's obligation to restore a deficit in its capital account as maintained by each such Fund, paid to other creditors of the Company or distributed to Members with positive balances in their Capital Accounts in proportion to such balances. 17 18 ARTICLE XII
No Liability for Return of Capital. No PARTNER shall be personally liable for the return of all or any part of the contribution of any other PARTNER to the PARTNERSHIP. Any such return shall be made solely from the PARTNERSHIP assets.
No Liability for Return of Capital. Except to the extent provided in Section 14.7, the liquidator(s), the General Partner and their respective officers, directors, agents, partners (including the officers, directors, employees and agents of the general partners of the General Partner) and Affiliates shall not be personally liable for the return of the Capital Contributions of any Partner to the Partnership. No Limited Partner shall be obligated to restore to the Partnership any amount with respect to a negative Capital Account; provided. however, that this provision shall not affect the obligations of Partners to make their agreed upon Capital Contributions to the Partnership.
No Liability for Return of Capital. (a) The liquidator(s), the General Partner and their respective officers, directors, agents, partners and Affiliates shall not be personally liable for the return of the capital contributions of any Partner.
(b) If, after the Partnership has made its final Liquidating Distribution, the General Partner's Capital Account is negative, then, notwithstanding the foregoing, the General Partner shall return to the Partnership part or all of of the distributions received by it pursuant to Article IX or this Article XII in an aggregate amount equal to such deficit but not in excess of such Partner's Restoration Amount. Returns made by a Partner pursuant to this Section 12.6 shall be made in cash. The Partners shall use best efforts to make any such returns promptly and in any event in conformity with the timing requirements of Treasury Regulation Section 1.704-l(b)(2)(ii)(g). Amounts repaid by the Partners pursuant to this - Section 12.6 shall be paid to a Fund in satisfaction of the Partnership's obligation to restore a deficit in its capital account as maintained by such Fund, paid to other creditors of the Partnership or distributed to Partners with positive balances in their Capital Accounts in proportion to such balances.
No Liability for Return of Capital. The liquidator(s), the General Partner, and their respective officers, directors, employees, consultants, agents, members, partners, and Affiliates, shall not be personally liable for the return of the capital contributions of any Partner to the Partnership. No Limited Partner shall be obligated to restore to the Partnership any amount with respect to a negative Capital Account; provided, however, that this provision in no way shall affect the obligations of Partners to make their agreed-upon capital contributions and other payments to the Partnership. The General Partner shall, upon completion of liquidation of the Partnership, be liable for the repayment to the Partnership, in cash, of the amount (if any) by which the balance in the General Partner’s Capital Account is less than zero (0). Any such repayment shall be made within ninety (90) days after the date of the liquidation of the Partnership. For this purpose, (a) the date of the liquidation of the Partnership shall be the date on which the Partnership has ceased to be a going concern; and (b) the Partnership shall not be deemed to have ceased to be a going concern until it has sold, distributed, or otherwise disposed of all of its Partnership Investments. In no event shall this Section 14.05 be enforceable for the benefit of any Person other than the Limited Partners, their respective successors, and their respective assigns.
No Liability for Return of Capital. Neither the liquidator(s) nor any Member will be personally liable for the return of the capital contributions of any Member. No Member will be liable to restore to the Company any deficit balance in such Member’s Capital Account if any such deficit should exist after the Company’s final Program Payment distribution.
No Liability for Return of Capital. No Partner shall be personally liable for the return of all or any part of the contributions of any other Partner to the Partnership. Any such 35 return shall be made solely from the Partnership Property.
