No Further Liability. The liability of the Limited Partner to the Partnership shall be limited to the amount of its capital contribution made pursuant to Sections 8(a) and 8(b), and the Limited Partner shall not have any further liability to contribute money to, or in respect of, the liabilities or the obligations of the Partnership unless it agrees in writing to make additional capital contributions to the Partnership, nor shall the Limited Partner be personally liable for any obligations of the Partnership, except as may be provided in the Act.
Appears in 3 contracts
Samples: Grant Prideco Finance LLC, Xl Systems Lp, Grant Prideco Finance LLC
No Further Liability. The liability of the Limited Partner to the Partnership shall be limited to the amount of its capital contribution contributions made pursuant to Sections 8(a) and 8(b)Section 8, and the Limited Partner shall not have any further liability to contribute money to, or in respect of, the liabilities or the obligations of the Partnership unless it the Limited Partner agrees in writing to make additional capital contributions to the Partnership, nor shall the Limited Partner be personally liable for any obligations of the Partnership, except as may be provided in the ActTLPL.
Appears in 3 contracts
Samples: Partnership Agreement (B&H Contracting, L.P.), Partnership Agreement (B&H Contracting, L.P.), Partnership Agreement (B&H Contracting, L.P.)
No Further Liability. The liability of the Limited Partner to the Partnership shall be limited to the amount of its capital contribution contributions made pursuant to Sections Section 8(a) and 8(b), and the Limited Partner shall not have any further liability to contribute money to, or in respect of, the liabilities or the obligations of the Partnership unless it agrees in writing to make additional capital contributions to the Partnership, nor shall the Limited Partner be personally liable for any obligations of the Partnership, except as may be provided in the Act.
Appears in 1 contract
Samples: Xl Systems Lp
