Common use of Liability of General Partners Clause in Contracts

Liability of General Partners. General Partners shall have unlimited liability for the satisfaction and discharge of all losses, liabilities and expenses of the Partnership.

Appears in 28 contracts

Samples: Agreement (Blackstone Group Inc), Blackstone Inc., Blackstone Group Inc

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Liability of General Partners. The General Partners shall have unlimited liability for the satisfaction and discharge of all losses, liabilities and expenses of the Partnership.

Appears in 3 contracts

Samples: Highly Confidential (Blackstone Group Inc), Blackstone Group Inc, Blackstone Group Inc

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Liability of General Partners. The General Partners shall have unlimited liability for the satisfaction and discharge of all losses, liabilities and expenses of the Partnership's obligations in excess of its assets, except as otherwise agreed with creditors.

Appears in 1 contract

Samples: Admission Agreement (SFLL Fine Family Investments Partnership, L.P.)

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