Limited Liability of the Limited Partners. Notwithstanding anything to the contrary contained in this Agreement and except as otherwise required by a nonwaivable provision of applicable law, the liability of a Limited Partner for any losses of the Fund in no event shall exceed, in the aggregate (without duplication): (i) the amount of its Unused Capital Commitment, and (ii) its share of the undistributed assets and profits of the Fund.
Appears in 5 contracts
Samples: Cornerstone Agreement, Cornerstone Agreement, Cornerstone Agreement
Limited Liability of the Limited Partners. Notwithstanding anything to the contrary contained in this Agreement and except as otherwise required by a nonwaivable provision of applicable law, the liability of a Limited Partner for any losses of the Fund in no event shall exceed, in the aggregate (without duplication): (i) the amount of its Unused Capital Commitment, and (ii) its share of the undistributed assets and profits of the Fund.. DISTRIBUTIONS
Appears in 4 contracts
Samples: Cornerstone Agreement, Cornerstone Agreement, Cornerstone Agreement
