Common use of Continuing Responsibilities Clause in Contracts

Continuing Responsibilities. Notwithstanding any amendment or termination of this Agreement or dissolution of the Partnership, and subject to the provisions of this Agreement, each Partner shall remain liable for, and shall to the extent that they have not theretofore been paid and discharged and to the extent that any reserves created upon the dissolution of the Partnership shall be insufficient therefor, pay, when due, its proportionate interest (based or percentage amount equivalent to its Partnership Interest at the time of such dissolution) of, all liabilities of the Partnership, including without limitation, liabilities (i) assumed or incurred by the Partnership prior to the time of the dissolution or (ii) arising thereafter as a result of the conduct of the business of the Partnership prior to the dissolution of the Partnership and the completion of the liquidation or sale of all of the assets of the Partnership.

Continuing Responsibilities. Notwithstanding any amendment --------------------------- or termination of this Agreement or dissolution of the Partnership, and subject to the provisions of this Agreement, each Partner shall remain liable for, and shall shall, to the extent that they have not theretofore been paid and discharged and to the extent that any reserves created upon the dissolution of the Partnership shall be insufficient therefor, pay, when due, its proportionate interest (based or on a percentage amount equivalent to its Partnership Interest Interests at the time of such its dissolution) of, all liabilities of the Partnership, including without limitation, all liabilities (i) assumed or incurred by the Partnership prior to the time of the its dissolution or (ii) arising thereafter as a result of the conduct of the business of the Partnership prior to the dissolution of the Partnership and the completion of the liquidation or sale of all of the assets of the Partnership.

Continuing Responsibilities. Notwithstanding any amendment --------------------------- or termination of this Agreement or dissolution of the Partnership, Partnership and subject to the provisions of this Agreement, each Partner shall remain liable _____ for, and shall to _______ the extent that they have not theretofore been paid and discharged and to the extent that any reserves created upon the dissolution of the Partnership shall be insufficient therefortherefore, pay, when due, its proportionate interest (based or on the percentage amount equivalent to its Partnership Interest at the time of such dissolution) of, all liabilities of the Partnership, including without limitation, the liabilities (i) assumed or incurred by the Partnership prior to the time of the dissolution or (ii) arising thereafter as a result of the conduct of the business of the Partnership prior to the dissolution of the Partnership and the completion of the any liquidation or sale of all of the assets of the Partnership.

Continuing Responsibilities. Notwithstanding any amendment --------------------------- or termination of this Agreement or dissolution of the Partnership, and subject to the provisions of this Agreement, each Partner shall remain liable for, and shall shall, to the extent that they have not theretofore been paid and discharged and to the extent that any reserves created upon the dissolution of the Partnership shall be insufficient therefor, pay, when due, its proportionate interest (based or on a percentage amount equivalent to its Partnership Interest at the time of such dissolution) of, all liabilities of the Partnership, including without limitation, all liabilities (i) assumed or incurred by the Partnership prior to the time of the its dissolution or (ii) arising thereafter as a result of the conduct of the business of the Partnership prior to the dissolution of the Partnership and the completion of the any liquidation or sale of all of the assets of the Partnership.