LIABILITIES OF THE PARTNERS Sample Clauses

LIABILITIES OF THE PARTNERS. 6.1 The liability of the Limited Partner and of the Managing Limited Partner shall be limited to the amount of their respective capital contributions referred to in clause 9.2 and each of them shall have no personal liability whatsoever for the debts, contracts or any obligation and liabilities of the Partnership or for any of its losses.
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LIABILITIES OF THE PARTNERS. (a) The General Partner has unlimited liability for the debts, undertakings, liabilities, losses and obligations of the Partnership. Except in cases of negligence or wilful misconduct, the General Partner will not be liable to the Limited Partner for a mistake or error in judgment, any act or omission believed in good faith to be within the scope of the authority conferred on the General Partner by this Agreement, or any loss or damage to the property or assets of the Partnership caused by circumstances beyond the control of the General Partner.
LIABILITIES OF THE PARTNERS. Limited Liability of Limited Partners
LIABILITIES OF THE PARTNERS. 9.1 The General Partner has unlimited liability for the undertakings, liabilities and obligations of the Partnership. The liability of each Limited Partner for the liabilities, undertakings and obligations of the Partnership shall be limited to the amount of such Limited Partner’s Capital Contribution actually made or agreed to be made. A Limited Partner will have no further personal liability for such liabilities, undertakings and obligations and, following the payment of the Capital Contribution, he will not be liable for any further calls or assessments or further contributions to the Partnership.
LIABILITIES OF THE PARTNERS. 10.1 Liability of General and Limited Partners 36 10.2 Indemnity of Partnership 37 10.3 Indemnity of General Partner 37 10.4 Indemnity of Limited Partners 39 10.5 Costs of Litigation 39 10.6 Negligent Acts 39 10.7 Admission of Negligent Acts 39 10.8 Notification of Potential Claim or Inquiry 39 10.9 Liability Insurance 40 10.10 Correction of Default by General Partner 40
LIABILITIES OF THE PARTNERS 

Related to LIABILITIES OF THE PARTNERS

  • LIABILITIES OF THE PARTIES 4.1 For non-performance or improper performance of the obligations under this Agreement, the parties shall be liable in accordance with the current legislation of the Russian Federation.

  • Liabilities of the Company Except as stated in this Section 8, the Company shall have no liability for damages of any kind arising out of or related to events, acts, rights or privileges contemplated in this Agreement.

  • Liabilities of the Adviser A. In the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder on the part of the Adviser, the Adviser shall not be subject to liability to the Trust or the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security by the Fund.

  • Liabilities of the Manager A. In the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder on the part of the Manager, the Manager shall not be subject to liability to the Trust or the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security by the Fund.

  • Responsibilities of the Parties 1.5.1 The Parties shall perform all obligations of this Agreement in accordance with all Applicable Laws and Regulations, Operating Requirements, and

  • Responsibilities of the Company 3.3.1 The Company shall provide participants of CopyTrade with a complete package of services according to the Customer Agreement. The Company is liable for proper performance of technological solutions according to the Customer Agreement.

  • Organizational Expenses; Liabilities of the Holders (a) The Servicer shall pay organizational expenses of the Issuer as they may arise.

  • Liabilities of the Master Servicer The Master Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed upon and undertaken by it herein.

  • RESPONSIBILITIES OF THE UNIVERSITY 1. The UNIVERSITY shall designate in writing a faculty member to coordinate with a designee of the FIELDWORK SITE.

  • Liabilities If this Agreement is terminated pursuant to this Section, such termination shall be without liability of any party to any other party except as provided in Section 4 hereof, and provided further that Sections 1, 6, 7 and 8 shall survive such termination and remain in full force and effect.

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