Common use of No Further Claim Clause in Contracts

No Further Claim. Upon dissolution, each Partner shall look solely to the assets of the Partnership for the return of its investment, and if the property of the Partnership remaining after payment or discharge of the debts and liabilities of the Partnership, including debts and liabilities owed to one or more of the Partners, is insufficient to return the aggregate capital contributions of a Partner, no Partner shall have any recourse against any other Partner.

Appears in 4 contracts

Samples: Contribution and Formation Agreement (Insight Capital Inc), Insight Capital Inc, Insight Communications Co Inc

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No Further Claim. Upon dissolution, each Limited Partner shall look solely to the assets of the Partnership for the return of its investment, and if the property of the Partnership remaining after payment or discharge of the debts and liabilities of the Partnership, including debts and liabilities owed to one or more of the Partners, is insufficient to return the aggregate capital contributions of a Limited Partner, no such Limited Partner shall have any no recourse against any other Partner.

Appears in 3 contracts

Samples: Agreement (Century Communications Corp), Management Agreement (Adelphia Communications Corp), Falcon Funding Corp

No Further Claim. Upon dissolution, each Limited Partner shall will look solely to the assets of the Partnership for the return of his or its investment, and if the Partnership property of the Partnership remaining after payment or discharge of the debts and liabilities of the Partnership, including debts and liabilities owed to one or more of the Partners, is in insufficient to return the aggregate capital contributions of a each Limited Partner, such Limited Partners will have no Partner shall have any recourse against the General Partner or any other Limited Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Lakeview Rehabilitation Group Partners)

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No Further Claim. Upon dissolution, each Limited Partner shall look solely to the assets of the Partnership for the return of its investment, his investment and if the Partnership’s property of the Partnership remaining after payment or discharge of the debts and liabilities of the Partnership, including debts and liabilities owed to one or more of the Partners, is insufficient to return the aggregate capital contributions of a each Limited Partner, no Partner such Limited Partners shall have any no recourse against the General Partner or any other Limited Partner.

Appears in 1 contract

Samples: Partnership Agreement (University Club, Inc. (FL))

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