Common use of No Obligation to Consider Separate Interests of Limited Partners Clause in Contracts

No Obligation to Consider Separate Interests of Limited Partners. The Limited Partners expressly acknowledge that the General Partner is acting on behalf of the Partnership, that the General Partner is under no obligation to consider the separate interests of the Limited Partners (including the tax consequences to Limited Partners or Assignees) in deciding whether to cause the Partnership to take (or decline to take) any actions, and that the General Partner shall not be liable for monetary damages for losses sustained, liabilities incurred or benefits not derived by Limited Partners in connection with such decisions, provided that the General Partner has acted in good faith.

No Obligation to Consider Separate Interests of Limited Partners. The Limited Partners expressly acknowledge that that, as stated in Section 7.1(d), the General Partner is acting on behalf of the Partnership, that the General Partner is under no obligation to consider the separate interests of the Limited Partners and the shareholders of the Company (including the tax consequences to Limited Partners or Assigneesexcept as otherwise provided herein) in deciding whether to cause the Partnership to take (or decline to take) any actions, and that the General Partner shall not be liable for monetary damages for losses sustained, liabilities incurred incurred, or benefits not derived by Limited Partners in connection with such decisions, provided that the General Partner has acted in good faith.

No Obligation to Consider Separate Interests of Limited Partners. The Limited Partners expressly acknowledge that that, as stated in Section 7.1.E, the General Partner is acting on behalf of the PartnershipPartnership and the shareholders of the Company collectively, that the General Partner is under no obligation to consider the separate interests of the Limited Partners (including the tax consequences to Limited Partners or Assigneesexcept as otherwise provided herein) in deciding whether to cause the Partnership to take (or decline to take) any actions, and that the General Partner shall not be liable for monetary damages or otherwise for losses sustained, liabilities incurred incurred, or benefits not derived by Limited Partners in connection with such decisions, provided that the General Partner has acted in good faith.