Common use of Limited Liability of Limited Partners Clause in Contracts

Limited Liability of Limited Partners. No Limited Partner shall be ------------------------------------- liable for any of the losses, debts or obligations of the Partnership beyond the amount of his Capital Commitment or be required to contribute any capital beyond his Capital Commitment, or be required to lend any funds to the Partnership, except that a Limited Partner may be required by law to return any or all of that portion of his Initial Capital Contribution which has been distributed to him, with interest, if necessary to discharge Partnership liabilities to all creditors who extended credit or whose claims arose prior to such return of capital.

Limited Liability of Limited Partners. No Limited Partner shall be ------------------------------------- liable for any of the losses, debts or obligations of the Partnership beyond the amount of his Capital Commitment or be required to contribute any capital beyond his Capital Commitment, or be required to lend any funds to the Partnership, except that a Limited Partner may be required by law to return any or all of that portion of his Initial Capital Contribution which has been distributed to him, with interest, if necessary to discharge Partnership liabilities to all creditors who extended credit or whose claims arose prior to such return of capital.

Limited Liability of Limited Partners. No Limited Partner shall be ------------------------------------- liable for any of the losses, debts or obligations of the Partnership beyond the amount of his Capital Commitment Partnership, or be required to contribute any capital beyond his Capital Commitmentadditional capital; provided, or be required to lend any funds to the Partnershiphowever, except that a Limited Partner may be required by law to shall return any or all of that portion of his Initial Capital Contribution its capital contribution which has been distributed to him, with interest, if necessary it to discharge Partnership liabilities to all creditors who extended credit or whose claims arose prior to such return of capitalthe extent required by the Act.

Limited Liability of Limited Partners. No Limited Partner shall be ------------------------------------- liable for have any of the lossespersonal liability whatever in his capacity as a Limited Partner, debts or obligations of the Partnership beyond the amount of his Capital Commitment or be required to contribute any capital beyond his Capital Commitment, or be required to lend any funds whether to the Partnership, except that to any Partner, or to creditors of the Partnership, for debts, liabilities, contracts or other obligations of the Partnership, or for any losses of the Partnership, beyond the amount committed by such Limited Partner to the capital of the Partnership as set forth from time to time in Exhibit A hereto. Each Interest of a Limited Partner may shall be required by law to return any or all of that portion of his Initial Capital Contribution which has been distributed to him, with interest, if necessary to discharge Partnership liabilities to all creditors who extended credit or whose claims arose prior to such return of capitalfully paid and non-assessable.

Limited Liability of Limited Partners. No Limited Partner shall be ------------------------------------- liable for any of the losses, debts debts, liabilities, or obligations of the Partnership beyond the amount of his Capital Commitment or be required (except as provided in Section 3.8 hereof) to contribute any capital beyond his required Capital Commitment, Contribution or be required to lend any funds to the Partnership, Partnership except that a Limited Partner may be required by law pursuant to the Act to return any or all of that portion of his Initial Capital Contribution which has been distributed to him, with interest, if necessary to discharge Partnership liabilities to all creditors who extended credit or whose claims arose prior to such return of capital.

Limited Liability of Limited Partners. No Limited Partner shall be ------------------------------------- liable for any of the losses, debts or obligations of the Partnership beyond the amount of his Capital Commitment or be required to contribute any capital beyond his Capital Commitment, or be required to lend any funds to the Partnership, except that a Limited Partner may be required by law to return any or all of that portion of his Initial Capital Contribution which has been distributed to him, with interest, if necessary to discharge Partnership liabilities to all creditors who extended credit or whose claims arose prior to such return of capital.. 4.2