Common use of Limitation on Limited Partner’s Liabilities Clause in Contracts

Limitation on Limited Partner’s Liabilities. The Limited Partner shall not be bound by, or be personally liable for, the expenses, liabilities or obligations of the Partnership or the General Partner beyond the amount contributed by the Limited Partner to the capital of the Partnership, the Limited Partner’ share of the accumulated but undistributed Net Operating Income and the amount of any distribution (including the return of any Capital Contribution) made to the Limited Partner that must be returned to the Partnership pursuant to applicable law.

Limitation on Limited Partner’s Liabilities. The A Limited Partner shall not be bound by, or be personally liable for, the expenses, liabilities or obligations of the Partnership or the General Partner beyond the amount contributed by the Limited Partner to the capital of the Partnership, the Limited Partner’ ’s share of the accumulated but undistributed Net Operating Income or Net Sales Proceeds or Net Refinancing Proceeds and the amount of any distribution (including the return of any Capital Contribution) made to the Limited Partner that must be returned to the Partnership pursuant to applicable law.

Limitation on Limited Partner’s Liabilities. The A Limited Partner shall not be bound by, or be personally liable for, the expenses, liabilities or obligations of the Partnership or the General Partner beyond Partner, and the amount contributed by the liability of each Limited Partner with respect to the capital business and activities of the Partnership, the Limited Partner’ share of the accumulated but undistributed Net Operating Income and Partnership shall be limited solely to the amount of any distribution (including such Limited Partner’s Capital Contribution required under the return provisions of any Capital Contribution) made to the Limited Partner that must be returned to the Partnership pursuant to applicable lawArticle 3 hereof.

Limitation on Limited Partner’s Liabilities. The Limited Partner ------------------------------------------- shall not be bound by, or be personally liable for, the expenses, liabilities or obligations of the Partnership or the General Partner beyond the amount contributed by the Limited Partner Partners to the capital of the Partnership, the Limited Partner’ Partners' share of the accumulated but undistributed Net Operating Income and the amount of any distribution (including the return of any Capital Contribution) made to the Limited Partner Partners that must be returned to the Partnership pursuant to applicable law.