Common use of No Payments of Individual Obligations Clause in Contracts

No Payments of Individual Obligations. The Partners shall use the Partnership’s credit and assets solely for the benefit of the Partnership. No asset of the Partnership shall be transferred or encumbered for or in payment of any individual obligation of any Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Armstrong Resource Partners, L.P.)

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No Payments of Individual Obligations. The Partners shall use the Partnership’s credit and assets solely for the benefit of the Partnership. No asset of the Partnership shall be transferred or encumbered for or in payment of any individual obligation of any a Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Medical Properties Trust, LLC)

No Payments of Individual Obligations. The Partners shall use the Partnership’s credit and assets solely for the benefit of the Partnership. No asset of the Partnership shall be transferred or encumbered for or in payment of any individual obligation of any a Partner, except as provided herein (including, without limitation, as provided in Section 2.9).

Appears in 1 contract

Samples: Limited Partnership Agreement (HEALTHSOUTH of Toms River, Inc.)

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No Payments of Individual Obligations. The Partners shall use the Partnership’s credit and assets solely for the benefit of the Partnership. No asset of the Partnership shall be transferred or encumbered for or in payment of any individual obligation of any a Partner, except as provided herein (including, without limitation, as provided in Sections 1.9 and 2.9).

Appears in 1 contract

Samples: Limited Partnership Agreement (HEALTHSOUTH of Toms River, Inc.)

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