Common use of Partners' Liability Clause in Contracts

Partners' Liability. It is understood that the Owner of the Building is a Maryland Limited Partnership. All obligations of said Owner hereunder are limited to the net assets of the Owner from time to time. No General or Limited Partner of Owner, or of any successor partnership, whether now or hereafter a partner, shall have any personal responsibility or liability for the obligations of Owner hereunder.

Appears in 4 contracts

Samples: Lease Agreement (Applied Signal Technology Inc), Agreement of Lease (Digitalnet Holdings Inc), Agreement of Lease (Digitalnet Holdings Inc)

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Partners' Liability. It is understood that the Owner of the Building is NBP-II Limited Partnership, a Maryland Limited Partnershiplimited partnership. All obligations of said Owner hereunder are limited to the net assets of the Owner from time to time. No General general or Limited Partner limited partner of Owner, or of any successor partnership, whether now or hereafter a partner, shall have any personal responsibility or liability for the obligations of Owner hereunder.

Appears in 1 contract

Samples: American Communications Services Inc

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Partners' Liability. It is understood that the Owner of the Building is a Maryland Limited Partnership. All obligations of said Owner hereunder are limited to the net assets of the Owner from time to time. No General general or Limited Partner limited partner of Owner, or of any successor partnership, whether now or hereafter a partner, shall have any personal responsibility or liability for the obligations of Owner hereunder.

Appears in 1 contract

Samples: One Constellation Centre (Corporate Office Properties Trust)

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