Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 331 contracts
Samples: Limited Partnership Agreement (Jones Lang LaSalle Income Property Trust, Inc.), Limited Partnership Agreement (Black Creek Diversified Property Fund Inc.), Limited Partnership Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After Except as otherwise provided herein with respect to MPT, after its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 29 contracts
Samples: Agreement (MPT of West Anaheim, LLC), Agreement (MPT of West Anaheim, LLC), Agreement (MPT of West Anaheim, LLC)
Limitation on Liability of Limited Partners. No Limited Partner Partner, in its capacity as such, shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Except as otherwise provided in this Agreement or under the Act, a Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the ActAct or as otherwise provided for herein, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 18 contracts
Samples: And (American Realty Capital Properties, Inc.), And Restated Agreement (American Realty Capital Trust, Inc.), Recitals (American Realty Capital Trust V, Inc.)
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its his Capital Contribution, if any, as and when due hereunder. After its his Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 17 contracts
Samples: Limited Partnership Agreement (Presidential Realty Corp/De/), Agreement (W2007 Grace Acquisition I Inc), Agreement and Plan of Merger (Westbrook Real Estate Partners LLC)
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Operating Partnership. A Limited Partner shall be liable to the Operating Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Operating Partnership.
Appears in 11 contracts
Samples: Limited Partnership Agreement (CNL Macquarie Global Income Trust, Inc.), Limited Partnership Agreement (CNL Diversified Lifestyle Properties, Inc.), Limited Partnership Agreement (Global Income Trust, Inc.)
Limitation on Liability of Limited Partners. The liability of each Limited Partner shall be limited to its Capital Contribution as and when payable under the provisions of this Agreement. No Limited Partner shall have any other liability to contribute money to, or in respect of the liabilities or obligations of, the Partnership, nor shall any Limited Partner be personally liable for any obligations of the Partnership. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only obligated to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds loans to the Partnership.
Appears in 8 contracts
Samples: Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debtsDebts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunderpursuant to the terms of this Agreement. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 8 contracts
Samples: Limited Partnership Agreement (J.P. Morgan Real Estate Income Trust, Inc.), Limited Partnership Agreement (BGO Industrial Real Estate Income Trust, Inc.), Limited Partnership Agreement (BGO Industrial Real Estate Income Trust, Inc.)
Limitation on Liability of Limited Partners. The liability of each Limited Partner shall be limited to its Capital Contribution as and when payable under the provisions of this Agreement. No Limited Partner shall have any other liability to contribute money to, or in respect of the liabilities or obligations of, the Partnership, nor shall any Limited Partner be personally liable for any obligations of the Partnership. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of obligated to make loans to the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership10.03.
Appears in 4 contracts
Samples: Agreement (Boston Capital Tax Credit Fund Iv Lp), Agreement (Boston Capital Tax Credit Fund Iv Lp), Boston Capital Tax Credit Fund Iv Lp
Limitation on Liability of Limited Partners. No Limited Partner ------------------------------------------- shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 4 contracts
Samples: Patriot American Hospitality Inc, Patriot American Hospitality Operating Co\de, Wells Real Estate Investment Trust Inc
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its his Capital Contribution, if any, as and when due hereunder. After its his Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions Contribution or other payments or lend any funds to the Partnership.
Appears in 4 contracts
Samples: Agreement (Supertel Hospitality Inc), Agreement (Supertel Hospitality Inc), Condor Hospitality Trust, Inc.
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.due
Appears in 4 contracts
Samples: Wells Timber Real Estate Investment Trust, Inc., Wells Timber Real Estate Investment Trust, Inc., Wells Timber Real Estate Investment Trust, Inc.
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital ContributionContributions, if any, as and when due hereunder. After its Capital Contribution is Contributions are fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Cottonwood Communities, Inc.), Agreement and Plan of Merger (Cottonwood Communities, Inc.), Limited Partnership Agreement (Cottonwood Communities, Inc.)
Limitation on Liability of Limited Partners. No The liability of each Limited Partner to provide funds or any other property to the Partnership shall be limited to the amount of Capital Contributions which the Limited Partner makes or otherwise agrees to make pursuant to the provisions of Article V. The obligation of any Limited Partner to return any distributions previously made shall be as set forth in the Act. Subject to the provisions of the Act, the Limited Partner shall be liable for any debtshave no further liability to contribute money to the Partnership for, liabilitiesor in respect of, contracts the liabilities or obligations of the Partnership. A Limited Partner Partnership and shall not be personally liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make for any further Capital Contributions or other payments or lend any funds to obligations under the Partnership.
Appears in 3 contracts
Samples: Agreement (Sand Creek Communications Co), Agreement (Sand Creek Communications Co), Agreement (Sand Creek Communications Co)
Limitation on Liability of Limited Partners. No Limited Partner shall ------------------------------------------- be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 3 contracts
Samples: Wells Real Eastate Investment Trust Inc, Prentiss Properties Trust/Md, Prentiss Properties Trust/Md
Limitation on Liability of Limited Partners. No Limited Partner in its capacity as such shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 3 contracts
Samples: Cole Office & Industrial REIT (CCIT III), Inc., Cole Office & Industrial REIT (CCIT III), Inc., Healthcare Financial Partners Reit Inc
Limitation on Liability of Limited Partners. No Limited Partner in its capacity as such shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to , except as expressly provided herein or under the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunderAct. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 2 contracts
Samples: Uniti Group Inc., Uniti Group Inc.
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunderpursuant to the terms of this Agreement. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Cohen & Steers Income Opportunities REIT, Inc.), Limited Partnership Agreement (Cohen & Steers Income Opportunities REIT, Inc.)
Limitation on Liability of Limited Partners. No Limited Partner Partner, shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner Partner, shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shallPartner, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 2 contracts
Samples: MHI Hospitality CORP, MHI Hospitality CORP
Limitation on Liability of Limited Partners. Except as otherwise provided in the Act, the liability of each Limited Partner shall be limited to its Capital Contribution as and when payable under the provisions of this Agreement. No Limited Partner shall have any other liability to contribute money to, or in respect of the liabilities or obligations of, the Partnership, nor shall any Limited Partner be personally liable for any obligations of the Partnership. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only obligated to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds loans to the Partnership.
Appears in 1 contract
Samples: Boston Capital Tax Credit Fund Iv Lp
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunderdue. After its Capital Contribution is fully paid, no Limited Partner shallshall be required, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 1 contract
Limitation on Liability of Limited Partners. No The liability of the Limited Partners shall be limited to their respective Capital Contributions. The Limited Partners shall have no other liability to contribute money to, or in respect of the liabilities or obligations of, the Partnership, nor shall any Limited Partner shall (or any of its partners) be personally liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 1 contract
Samples: Agreement (Boston Gear LLC)
Limitation on Liability of Limited Partners. No Except as otherwise ------------------------------------------- provided by law, the liability of a Limited Partner shall be limited to its Capital Contribution as and when it is payable under the provisions of the Capital Contribution Agreement. A Limited Partner, in its capacity as such, shall have no other liability to contribute money to, or in respect of the liabilities or obligations of, the Partnership, nor shall any Limited Partner be personally liable for any debts, liabilities, contracts or obligations of the Partnership. A Except as provided in subsection 10.5, Article XIV and the General Partner Credit Agreement and the Reimbursement Agreement, no Limited Partner shall be liable to the Partnership only obligated to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds loans to the Partnership.
Appears in 1 contract
Samples: Cogen Technologies Inc
Limitation on Liability of Limited Partners. No Limited Partner shall ------------------------------------------- be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its his Capital Contribution, if any, as and when due hereunder. After its his Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions Contribution or other payments or lend any funds to the Partnership.
Appears in 1 contract
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.Partnership.
Appears in 1 contract
Samples: www.smftrust.com
Limitation on Liability of Limited Partners. No Limited Partner Partner, in its capacity as such, shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Except as otherwise provided in this Agreement or under the Act, a Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the ActAct or as otherwise provided for herein, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.. 8.04
Appears in 1 contract
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.due
Appears in 1 contract
Samples: www.soitrust.com
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its his Capital ContributionContribution and any amounts required to be contributed pursuant to Deficit Restoration Obligations as defined in Section 13.4 below, if any, as and when due hereunder. After its Capital Contribution is fully paidOther than such payments, no Limited Partner shall, except as otherwise required by the ActAct or any contract, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership.
Appears in 1 contract
Samples: Reorganization Agreement (Mid America Apartment Communities Inc)
Limitation on Liability of Limited Partners. Except as otherwise provided in the Act, the liability of each Limited Partner shall be limited to its Capital Contribution as and when payable under the provisions of this Agreement. No Limited Partner shall have any other liability to contribute money to, or in respect of the liabilities or obligations of, the Partnership, nor shall any Limited Partner be personally liable for any obligations of the Partnership. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of obligated to make loans to the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital Contribution, if any, as and when due hereunder. After its Capital Contribution is fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership10.03.
Appears in 1 contract
Samples: Boston Capital Tax Credit Fund Iv Lp
Limitation on Liability of Limited Partners. No Limited Partner shall be liable for any debts, liabilities, contracts or obligations of the Partnership. A Limited Partner shall be liable to the Partnership only to make payments of its Capital ContributionContributions, if any, as and when due hereunder. After its Capital Contribution is Contributions are fully paid, no Limited Partner shall, except as otherwise required by the Act, be required to make any further Capital Contributions or other payments or lend any funds to the Partnership..
Appears in 1 contract
Samples: Lodging Fund REIT III, Inc.