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Common use of Liabilities and Losses Clause in Contracts

Liabilities and Losses. The Partners shall bear all liabilities, and all losses and expenses properly incurred by the Partnership, in proportion to their Percentage Interests.

Appears in 2 contracts

Sources: General Partnership Agreement (DPS Americas Beverages Investments, Inc.), General Partnership Agreement (DPS Americas Beverages Investments, Inc.)

Related Clauses

  • LIABILITIES AND INDEMNIFICATION
  • LIABILITIES AND INDEMNITY
  • ADVISOR’S LIABILITIES AND INDEMNIFICATION
  • Liabilities and Indemnities
  • ADVISER’S LIABILITIES AND INDEMNIFICATION

Parent Clauses

  • Representations and Warranties of the Company
  • General Provisions
  • Company Representations and Warranties
  • Distributions Liabilities and Losses
  • Correctness of Representations

Sub-Clauses

  • Certificates
  • Shares Legend
  • Transfers
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