Common use of SEPARATE LIABILITIES OF THE GENERAL PARTNER Clause in Contracts

SEPARATE LIABILITIES OF THE GENERAL PARTNER. The General Partner hereby undertakes that it shall at all times duly and punctually pay and discharge its separate and private debts and engagements whether present or future incurred or assumed by it as principal and other than in its capacity as general partner of the Partnership and shall keep the Partnership Assets and the Limited Partners and their personal representatives, estates and effects indemnified therefrom and from all liabilities, actions, proceedings, costs, claims and demands in respect thereof.

SEPARATE LIABILITIES OF THE GENERAL PARTNER. The General Partner hereby undertakes that it shall at all times duly and punctually pay and discharge its separate and private debts and engagements whether present or future incurred or assumed by it as principal and other than in its capacity as general partner keep the assets of the Partnership and shall keep the Partnership Assets and the Limited Partners and their personal representatives, estates and effects Partner indemnified therefrom and from all liabilitiesliability, actions, proceedings, costs, claims and demands in respect thereof.

SEPARATE LIABILITIES OF THE GENERAL PARTNER. The General Partner (for so long as it shall remain a general partner of the Partnership) hereby undertakes that it shall at all times duly and punctually pay and discharge its separate and private debts and engagements whether present or future incurred or assumed by it as principal and other than in its capacity as general partner of the Partnership and shall keep the Partnership Assets and the Limited Partners and their personal representatives, estates and effects indemnified therefrom and from all liabilities, actions, proceedings, costs, claims and demands in respect thereofundertakings.