Common use of Liability of Parties Clause in Contracts

Liability of Parties. (a) Nothing herein contained shall constitute the Dealer-Manager, the Soliciting Dealers, the General Partner and the Fund as an association, partnership, unincorporated business or other separate entity, nor shall anything herein contained render the General Partner or the Fund liable for the obligations of any of the Soliciting Dealers. Neither the General Partner nor the Fund shall be under any liability to any Soliciting Dealer or any other person for any act or omission or any matter connected with this Agreement or the Fund, except for obligations expressly assumed by an association, partnership, unincorporated business or other separate entity in this Agreement.