Common use of Secondary Liability Clause in Contracts

Secondary Liability. The General Partner hereby agrees to be secondarily liable for all obligations of the Partnership with respect to indemnification, advancement of Expenses and contribution contained in this Agreement if and to the extent that any such obligations are not satisfied in full by the Partnership.

Secondary Liability. The General Partner hereby agrees to be secondarily liable for all obligations of the Partnership Company with respect to indemnification, advancement of Expenses and contribution contained in this Agreement if and to the extent that any such obligations are not satisfied in full by the PartnershipCompany.