Limited Liability of Limited Partners. (1) Each Unit of Limited Partnership Interest, when purchased by a Limited Partner, subject to the qualifications set forth below, shall be fully paid and non-assessable.
Appears in 30 contracts
Samples: Limited Partnership Agreement (Ceres Orion L.P.), Limited Partnership Agreement (Ceres Tactical Systematic L.P.), Limited Partnership Agreement (Potomac Futures Fund Lp)
Limited Liability of Limited Partners. (1) Each Unit of Limited Partnership Interest, when purchased by a Limited Partner (or allocated to the Special Limited Partner), subject to the qualifications set forth below, shall be fully paid and non-assessable.
Appears in 11 contracts
Samples: Limited Partnership Agreement (Managed Futures Premier Warrington L.P.), Limited Partnership Agreement (Warrington Fund Lp), Limited Partnership Agreement (Warrington Fund Lp)
Limited Liability of Limited Partners. (1) Each Unit of Limited Partnership Interest, when purchased by a Limited Partner, subject to the qualifications set forth below, shall be fully paid and non-assessablenon‑assessable.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Ceres Abingdon L.P.), Limited Partnership Agreement (Managed Futures Premier Aventis Ii L.P.), Limited Partnership Agreement (Aaa Capital Energy Fund L.P. Ii)
