Examples of Limited Partners in a sentence
The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.
The General Partner may change the name of the Partnership at any time and from time to time and shall notify the Limited Partners of such change in the next regular communication to the Limited Partners.
Prompt notice of the taking of action without a meeting shall be given to the Limited Partners who have not approved in writing.
All acts of Limited Partners to be taken pursuant to this Agreement shall be taken in the manner provided in this Article XIII.
The Partnership shall not be dissolved by the admission of additional Limited Partners or by the admission of a successor General Partner in accordance with the terms of this Agreement.