Common use of Liability, etc Clause in Contracts

Liability, etc. The Limited Partners shall not have any personal -------------- liability with respect to the liabilities or the obligations of the Partnership. The Partners shall not be required to lend funds to the Partnership for any purpose. The Limited Partners, in their capacity as such, shall not (a) take - part in the management of the business of the Partnership, except to the extent provided herein and as permitted under the Act, (b) transact any business for the Partnership or (c) - - have the power to sign for or to bind the Partnership.

Liability, etc. The Limited Partners shall not have any personal -------------- liability with respect to the liabilities or the obligations of the Partnership. The Partners shall not be required to lend funds to the Partnership for any purpose. The Limited Partners, in their capacity as such, shall not (a) take - part in the management of the business of the Partnership, - except to the extent provided herein and as permitted under the Act, (b) - transact any business for the Partnership or (c) - - have the power to sign for or - to bind the Partnership.

Liability, etc. The Limited Partners shall not have any personal -------------- liability with respect to the liabilities liabili- ties or the obligations of the Partnership. The Partners shall not be required to lend funds to the Partnership for any purpose. The Limited Partners, in their capacity as such, shall not (a) take - part in the management of the business of the Partnership, except to the extent provided herein and as permitted under the Act, (b) transact any business for the Partnership or (c) - - have the power to sign for or to bind the Partnership.