Common use of Claims of Partners Clause in Contracts

Claims of Partners. The Partners shall look solely to the Partnership's assets for the return of their Capital Contributions, and if the assets of the Partnership remaining after payment of or reasonable provision for the payment of all liabilities of the Partnership are insufficient to return such Capital Contributions, the Partners shall have no recourse against the Partnership or any Partner.

Appears in 6 contracts

Samples: Partnership Agreement (DreamWorks Animation SKG, Inc.), Usa Interactive, Vivendi Universal

AutoNDA by SimpleDocs

Claims of Partners. The Partners shall look solely to the Partnership's ’s assets for the return of their Capital Contributionscapital contributions, and if the assets of the Partnership remaining after payment of or reasonable provision for the payment of all liabilities of the Partnership are insufficient to return such Capital Contributionscapital contributions, the Partners shall have no recourse against the Partnership or any Partner.

Appears in 2 contracts

Samples: Formation Agreement, Formation Agreement (DreamWorks Animation SKG, Inc.)

AutoNDA by SimpleDocs

Claims of Partners. The Partners shall look solely to the Partnership's assets for the return of their Capital Contributionscapital contributions, and if the assets of the Partnership remaining after payment of or reasonable provision for the payment of all liabilities of the Partnership are insufficient to return such Capital Contributionscapital contributions, the Partners shall have no recourse against the Partnership or any Partner.

Appears in 1 contract

Samples: DreamWorks Animation SKG, Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.