Persons Not Named. Unless named in this Agreement, or unless admitted to the Partnership as a General Partner or Limited Partner, as provided in this Agreement, no Person shall be considered a Partner. Any distribution by the Partnership to the Person shown on the Partnership records as a Partner or its legal representative or the assignee of the right to receive Partnership distributions as herein provided, shall relieve the Partnership and the General Partner of all liability to any other Person who may be interested in such distribution.
Appears in 2 contracts
Sources: Limited Liability Limited Partnership Agreement (Barnwell Industries Inc), Limited Liability Limited Partnership Agreement (Barnwell Industries Inc)