Allocation of Net Profits and Net Losses. (i) With respect to each Limited Partner, there shall be deducted from the Capital Account of such Limited Partner the Management Fee and the Continuing Compensation, applicable to their Capital Account for such month. The terms Management Fee and Continuing Compensation shall have the meanings ascribed to them in the Partnership’s Memorandum, as from time to time amended.
Appears in 5 contracts
Samples: Agreement of Limited Partnership (Winton Futures Fund Lp (Us)), Altegris Winton Futures Fund, L.P., Winton Futures Fund Lp (Us)