No Liability of Limited Partners. All debts, obligations and liabilities of the Fund, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Fund, and no Limited Partner shall be obligated personally for any such debt, obligation or liability of the Fund solely by reason of being a Limited Partner.
No Liability of Limited Partners. No Limited Partners shall be liable for any debts, liabilities, contracts or obligations of the Partnership. After his capital contribution has been made, no Limited Partner shall be obligated to make any further contributions to the capital of the Partnership except as otherwise required under Section 6.3.B or by the Maryland Revised Uniform Limited Partnership Act.
No Liability of Limited Partners. The Province acknowledges that the Limited Partners are limited partners in the Partnership and that nothing in this Agreement, and no act or omission of a Limited Partner will be construed as or result in the creation of liability against or a right of recourse of the Province against such Limited Partner.
No Liability of Limited Partners. Except as otherwise provided under the Act, the debts, liabilities, contracts and other obligations of the Partnership (whether arising in contract, tort or otherwise) shall be solely the debts, liabilities, contracts and other obligations of the Partnership, and no Limited Partner, in its capacity as such, shall be liable personally (a) for any debts, liabilities, contracts or any other obligations of the Partnership, except to the extent and under the circumstances set forth in any non-waivable provision of the Act or in any separate written instrument signed by the applicable Limited Partner, or (b) for any debts, liabilities, contracts or other obligations of any other Partner. No Limited Partner shall have any responsibility to restore any negative balance in its Capital Account or to contribute to or in respect of the liabilities or obligations of the Partnership or to return distributions made by the Partnership, except as expressly provided in this Agreement or required by any non-waivable provision of the Act; provided, however, that each Limited Partner shall be responsible to the Partnership for its failure to fund its elections to purchase New Units from the Partnership pursuant to Section 6.7. However, if any court of competent jurisdiction orders, holds or determines that, notwithstanding the provisions of this Agreement, any Limited Partner is obligated to restore any such negative balance, make any such contribution or make any such return, such obligation shall be the obligation of such Limited Partner and not of any other Person. GPM PETROLEUM LP THIRD AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP
No Liability of Limited Partners. The obligations of the Borrower under any Credit Documents will not be personally binding upon, nor will resort be had to, the property of any of the limited partners of the Borrower, their heirs, successors and assigns.
No Liability of Limited Partners. A Limited Partner shall not be or become liable for the obligations of the Partnership in an amount in excess of his Capital Account.
