Partner Liability Sample Clauses

Partner Liability. Except for amounts properly payable by Partner to Epicor hereunder, the total cumulative liability (if any) of Partner to Epicor in relation to the Agreement, and Epicor’s exclusive remedy for any such liability, shall be limited to Epicor’s direct damages caused by Partner up to an amount not to exceed 100% of the amount having actually been paid by Epicor to Partner hereunder during the then preceding 12-month period.
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Partner Liability. Tenant acknowledges that Landlord is a limited liability company formed under the laws of the State of Delaware. Tenant agrees that, in any action arising out of or relating to the performance of this Lease, Tenant will proceed only against Landlord or its successors and assigns and not against any manager of Landlord, any member or general or limited partner in Landlord (or in any partnership or limited liability company to which Landlord may assign this Lease), or any of such manager’s, member’s or partner’s directors, officers, members, managers, employees, agents, shareholders, partners or affiliates. Notwithstanding anything in this Lease or any law to the contrary, the liability of Landlord hereunder (including any successor landlord hereunder) and any recourse by Tenant against Landlord shall be limited solely to the interest of Landlord in the Project, and neither Landlord, its manager, nor any of its constituent members, partners or subpartners, nor any of their respective affiliates, partners, directors, members, managers, officers, employees, agents or shareholders shall have any personal liability therefor, and Tenant, for itself and all persons claiming by, through or under Tenant, expressly waives and releases Landlord and such related persons and entities from any and all personal liability. The provisions of this Section 30.18 are enforceable by both Landlord and any manager, member or partner of Landlord, and shall survive the expiration or earlier termination of this Lease.
Partner Liability. Tenant acknowledges that Xxxxxxx & Xxxxxxx Innovation, a division of Xxxxxxx & Xxxxxxx Finance Corporation (“JJI”), a founding sponsor of the Complex, is not financially or otherwise responsible for the obligations of the Landlord, including but not limited to the services provided to Tenant in connection to the operations of the Complex. Accordingly, Tenant disclaims and waives any actions or claims against JJI and its affiliates associated with or arising from Tenant’s sublease from Landlord or its occupancy at the Complex.
Partner Liability. None of the limited partners (or any of their respective heirs, representatives, successors or assigns) of Holdings will have any personal liability for the payment of the Loans or any other obligations secured pursuant to the Security Documents or for the performance of any obligations of the Borrowers or any Subsidiaries under this Agreement, whether arising by law or contract.
Partner Liability. The Partners shall not have any liability for the obligations or liabilities of the Partnership except to the extent provided by the Act
Partner Liability. Each Partner's personal liability shall be limited to the fullest extent permitted under the Texas Act and other applicable law. Without limiting the generality of the foregoing, a Partner shall not be personally liable for any indebtedness, liability or obligation of the Partnership or for the repayment of any Capital Contribution of any other Partner.
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Partner Liability. 73 10.15 Confidentiality.............................................................73 10.16
Partner Liability. The amendments and agreements provided for in this Article Two shall become effective (the "Effective Time") upon the later of execution and delivery of this Ninth Supplemental Indenture by each of the parties hereto, and November 2, 2004. TWNY (or any successor in interest thereto that is and remains a general partner of the Issuer) (the "TWE General Partner") hereby irrevocably agrees, from and after the Effective Time and for so long as it is a general partner of the Issuer, to waive the benefit of Section 202 of the First Supplemental Indenture and Sections 503, 508 or 804(d) of the Indenture, in each case solely with respect to any liability it may have in respect of the Securities as a general partner of the Issuer under the Delaware Revised Uniform Limited Partnership Act (6 Del. C. Section 17-403) (as the same is in effect on the date hereof, and as the same may be revised, replaced or supplemented from time to time, the "DRULPA"). Notwithstanding anything in the Indenture to the contrary, including, without limitation, anything in Section 202 of the First Supplemental Indenture or in Sections 503, 508 or 804(d) of the Indenture, after the Effective Time, any forbearance undertaken by the Trustee and the Holders in respect of assertion of liability for obligations under and relating to the Securities against the TWE General Partner is hereby rescinded and shall be of no further force or effect, with the consequence of such rescission and waiver being that the TWE General Partner shall be deemed to have such liability in respect of the Securities as a general partner would otherwise have pursuant to the relevant provisions of the DRULPA in the absence of any agreement of forbearance or non-recourse on the part of the Trustee or the Holders. After the Effective Time, notwithstanding anything in the DRULPA to the contrary, the TWE General Partner agrees, for the benefit of the Trustee and the Holders, to waive any provision of the DRULPA that would purport to limit the TWE General Partner's liability in respect of the Securities to those obligations incurred by the Issuer after the TWE General Partner became a general partner of the Issuer and agrees that any liability it may incur as a general partner of TWE in respect of the Securities shall be as if the Securities were issued after it became a general partner of TWE. Except as provided in the immediately preceding sentence, nothing in this Ninth Supplemental Indenture shall be deemed to create or i...
Partner Liability. No Limited Partner shall be liable under a judgment, decree or order of a court, or in any other manner, for the debts or any other obligations or liabilities of the Partnership, except as expressly required by the Act. A Limited Partner shall be liable only to make its Capital Contributions and shall not be required to restore a deficit balance in its Capital Account or to lend any funds to the Partnership or, after its Capital Contributions have been made, to make any additional contributions, assessments or payments to the Partnership; provided, however, that a Partner may be required to repay any distribution made to it in contravention of the provisions of this Agreement or the Act or other applicable law. The General Partner shall not have any personal liability for the repayment of any Capital Contributions of any Partner. To the fullest extent permitted by law, to the extent that the General Partner has delegated its authority, rights and powers with respect to the Partnership to the Board of Directors, the General Partner shall cease to have any duties, including fiduciary duties, with respect to such delegated authority, rights and powers.
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