No Personal Liability for Return of Capital. Subject to Section 13, neither the General Partner nor any “affiliate” (as defined in Section 13(c)) shall be personally liable for the return or repayment of all or any portion of the capital or profits of any Partner (or assignee), it being expressly agreed that any such return of capital or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the General Partner) of the Partnership.
Appears in 12 contracts
Samples: Limited Partnership Agreement (LV Futures Fund L.P.), Limited Partnership Agreement (Meritage Futures Fund L.P.), Limited Partnership Agreement (Polaris Futures Fund L.P.)
No Personal Liability for Return of Capital. Subject to Section 1314, neither the General Partner Partner, Xxxxxx Xxxxxxx & Co. LLC, nor any “affiliate” (as defined in Section 13(c)) Affiliate thereof shall be personally liable for the return or repayment of all or any portion of the capital or profits of any Partner (or assignee), it being expressly agreed that any such return of capital or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the General Partner) of the Partnership.
Appears in 10 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (Morgan Stanley Smith Barney Spectrum Strategic Lp), Limited Partnership Agreement (Morgan Stanley Smith Barney Spectrum Select Lp)
No Personal Liability for Return of Capital. Subject to Section 1314, neither the General Partner nor any “affiliate” (as defined in Section 13(c)) Affiliate thereof shall be personally liable for the return or repayment of all or any portion of the capital or profits of any Partner (or assignee), it being expressly agreed that any such return of capital or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the General Partner) of the Partnership.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Ceres Classic L.P.), Limited Partnership Agreement (Managed Futures Premier Graham L.P.), Limited Partnership Agreement (Managed Futures Premier Graham L.P.)
No Personal Liability for Return of Capital. Subject to Section 13, neither the General Partner nor any “affiliate” (as defined in Section 13(c)) Affiliate shall be personally liable for the return or repayment of all or any portion of the capital or profits of any Partner (or assignee), it being expressly agreed that any such return of capital or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the General Partner) of the Partnership.
Appears in 5 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (Managed Futures Premier Macro L.P.), Limited Partnership Agreement (Managed Futures Premier BHM L.P.)
No Personal Liability for Return of Capital. Subject to Section 1314, neither the General Partner Managing Member nor any “affiliate” (as defined in Section 13(c14(c)) shall be personally liable for the return or repayment of all or any portion of the capital or profits of any Partner Member (or assignee)) with respect to its Series, it being expressly agreed that any such return of capital or profits made pursuant to this Agreement or a Series Designation shall be made solely from the assets (which shall not include any right of contribution from the General PartnerManaging Member) of the Partnershipsuch Series.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Rjo Global Trust), Limited Liability Company Agreement (Rjo Global Trust), Limited Liability Company Agreement (Rjo Global Trust)
No Personal Liability for Return of Capital. Subject to Section 1314, neither the General Partner Partner, MS & Co., nor any “affiliate” (as defined in Section 13(c)) Affiliate thereof shall be personally liable for the return or repayment of all or any portion of the capital or profits of any Partner (or assignee), it being expressly agreed that any such return of capital or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the General Partner) of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Morgan Stanley Smith Barney Charter Campbell Lp)
No Personal Liability for Return of Capital. Subject to Section 1314, neither the General Partner Partner, Xxxxxx Xxxxxxx Wealth Management, nor any “affiliate” (as defined in Section 13(c)) Affiliate thereof shall be personally liable for the return or repayment of all or any portion of the capital or profits of any Partner (or assignee), it being expressly agreed that any such return of capital or profits made pursuant to this Agreement shall be made solely from the assets (which shall not include any right of contribution from the General Partner) of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Ceres Tactical Currency L.P.)
