Source of Distributions. Each Partner shall look solely to the assets of the Partnership for the return of its Capital Contributions and its share of distributions and shall have no recourse upon dissolution or otherwise against the Partnership, the Partners or the Liquidator. No holder of an interest in the Partnership shall have any right to receive any distributions except as provided in this Agreement or any right to demand or receive property other than cash upon dissolution and termination of the Partnership.
Source of Distributions. To the extent permitted by Section 1.704-2(h)(3) of the Regulations, the Managers shall endeavor to treat cash distributions to Members as having been made from the proceeds of Nonrecourse Liabilities or Member Nonrecourse Debt only to the extent that such distributions would cause or increase an Adjusted Capital Account Deficit for any Member.
Source of Distributions. No Member, manager or any of their respective Affiliates shall be personally liable for the return of the capital contributions of any other Member, or any portion thereof, it being expressly understood that any such return shall be made solely from the Company's assets.
Source of Distributions. Each Member shall look solely to the assets of the Company for the return of its Capital Contributions and its share of distributions and shall have no recourse upon dissolution or otherwise against the Company, the Members or the Liquidator. No holder of an interest in the Company shall have any right to receive any distributions except as provided in this Agreement or any right to demand or receive property other than cash upon dissolution and termination of the Company.
Source of Distributions. Subject to Section 11.6, the General Partner shall not be liable out of its own assets for the return of the Capital Contributions of the Limited Partners, it being expressly understood that any such return shall be made solely from the Partnership’s assets.
Source of Distributions. All distributions for each Quarter prior to the Liquidation Date shall be deemed to be out of Operating Surplus until such surplus is reduced to zero. Available Cash in excess of Operating Surplus shall be distributed as provided in Section 5.5.
Source of Distributions. Each holder of an Interest in the Company shall look solely to the assets of the Company for the return of its or his Capital Contribution and its or his share of Profits and Losses and shall have no recourse upon dissolution or otherwise against the Company, the Members or the Liquidator. No holder of an interest in the Company shall have any right to demand or receive property other than cash upon dissolution and termination of the Company. All of the Company’s properties shall be sold upon liquidation of the Company and no Company property shall be distributed in kind to the Members either during the term of the Company or upon the dissolution and termination thereof unless in each case otherwise unanimously agreed by the Board of Directors.
Source of Distributions. No Member or other Related Party shall be personally liable for the return of the Capital Contributions of the other Member, or any portion thereof; it being hereby expressly acknowledged and confirmed by the Members that any such return shall be made solely from the Company's assets.
Source of Distributions. Each Member shall look solely to the assets of the Company for distributions of any nature with respect to the Company, and shall have no recourse therefor (upon dissolution or otherwise) against the Liquidator, the members of the Management Committee, or any of the Members.
Source of Distributions. Each holder of an interest in the Partnership shall look solely to the assets of the Partnership for all distributions with respect to the Partnership and its Capital Contribution thereto (including the return thereof) and share of profits or losses thereof, and shall have no recourse therefor (upon dissolution or otherwise) against the Partnership, any Partner or the Liquidator.
