Common use of Limitation on Liability of Limited Partners Clause in Contracts

Limitation on Liability of Limited Partners. The liability of each Limited Partner shall be limited to its Capital Contribution as and when it is payable under the provisions of this Venture Agreement. No Limited Partner as such 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 as such be personally liable for any obligations of the Partnership except as otherwise provided by law. No Limited Partner as such shall be obligated to make loans to the Partnership.

Limitation on Liability of Limited Partners. The liability of each Limited Partner shall be limited to its his required additional Capital Contribution as and when it is payable under Contribution, if any, pursuant to the provisions terms of this Venture Agreement. No Limited such Partner as such shall have any other additional personal liability to contribute money to, or in respect of of, the liabilities or obligations of, of the Partnership, nor shall any Limited Partner as such be personally liable for any obligations of the Partnership except as otherwise provided by may be required under law. No Limited Partner as such shall be obligated to make loans to the Partnership.

Limitation on Liability of Limited Partners. The liability of each Limited Partner shall be limited to its obligations, if any, to make Capital Contribution as Contributions and when it is payable under the provisions of this Venture AgreementSupplemental Contributions. No Limited Partner as such 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 as such be personally liable for any obligations of the Partnership except as otherwise provided by law. No Limited Partner as such shall be obligated to make loans to the Partnership.

Limitation on Liability of Limited Partners. The (a) Except as otherwise provided herein, the liability of each Limited Partner in the Partnership shall be limited to its the amount of such Limited Partner's aggregate Capital Contribution as and when it is payable under the provisions of this Venture AgreementContribution. No Limited Partner as such shall have any other further personal liability to contribute money or other property to, or in respect of of, the liabilities or obligations of, the Partnership, nor shall any Limited Partner as such be personally liable for any obligations of the Partnership except as otherwise provided by law. No Limited Partner as such shall be obligated to make loans to the Partnership.