Common use of Amendments to Certificate Clause in Contracts

Amendments to Certificate. Within one hundred twenty (120) days after the end of any Partnership fiscal year in which the Investment Limited Partner shall have received any distributions under Article X, the General Partners shall file an amendment to this Agreement reducing by the amount of its allocable share of such distribution the amount of Capital Contribution of the Investment Limited Partner as stated in the last previous amendment to this Agreement. However, Schedule A shall not be amended on account of any such distribution. The Partnership shall amend the Certificate at least once each calendar quarter to effect the substitution of Substituted Limited Partners, although the General Partners may elect to do so more frequently. In the case of assignments, where the assignee does not become a Substituted Limited Partner, the Partnership shall recognize the assignment not later than the last day of the calendar month following receipt of notice of assignment and all docu mentation required in connection therewith hereunder. Notwithstanding the foregoing provisions of this Section 13.2, no such amendments to this Agreement need be filed by the General Partners if the Certificate is not required to and does not identify the Limited Partners or their Capital Contributions in such capacity.

Appears in 5 contracts

Samples: Consent and Agreement (Boston Capital Tax Credit Fund Iv Lp), Consent and Agreement (Boston Capital Tax Credit Fund Iv Lp), Consent and Agreement (Boston Capital Tax Credit Fund Iv Lp)

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Amendments to Certificate. Within one hundred twenty (120) days after the end of any Partnership fiscal year in which the Investment Limited Partner shall have received any distributions under Article X, the General Partners shall file an amendment to this Agreement the Certificate reducing by the amount of its allocable share of such distribution the amount of Capital Contribution of the Investment Limited Partner as stated in the last previous amendment to this Agreementthe Certificate. However, Schedule A shall not be amended on account of any such distribution. The Partnership shall amend the Certificate at least once each calendar quarter to effect the substitution of Substituted substituted Limited Partners, although the General Partners may elect to do so more frequently. In the case of assignments, where the assignee does not become a Substituted Limited Partner, the Partnership shall recognize the assignment not later than the last day of the calendar month following receipt of notice of assignment and all docu mentation documentation required in connection therewith hereunder. Notwithstanding the foregoing provisions of this Section 13.2, no such amendments to this Agreement the Certificate need be filed by the General Partners if the Certificate is not required to and does not identify the Limited Partners or their Capital Contributions in such capacity.

Appears in 3 contracts

Samples: Consent and Agreement (Boston Capital Tax Credit Fund Iv Lp), Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp

Amendments to Certificate. Within one hundred twenty (120) days after the end of any Partnership fiscal year in which the Investment Limited Partner shall have received any distributions under Article X, the General Partners shall file an amendment to this Agreement reducing by the amount of its allocable share of such distribution the amount of Capital Contribution of the Investment Limited Partner as stated in the last previous amendment to this Agreement. However, Schedule A shall not be amended on account of any such distribution. The Partnership shall amend the Certificate at least once each calendar quarter to effect the substitution of Substituted Limited Partners, although the General Partners may elect to do so more frequently. In the case of assignments, where the assignee does not become a Substituted Limited Partner, the Partnership shall recognize the assignment not later than the last day of the calendar month following receipt of notice of assignment and all docu mentation documentation required in connection therewith hereunder. Notwithstanding the foregoing provisions of this Section 13.2, no such amendments to this Agreement need be filed by the General Partners if the Certificate is not required to and does not identify the Limited Partners or their Capital Contributions in such capacity.

Appears in 2 contracts

Samples: Certificate and Agreement (Boston Capital Tax Credit Fund Iv Lp), Boston Capital Tax Credit Fund Iv Lp

Amendments to Certificate. Within one hundred twenty (120) days after the end of any Partnership fiscal year in which the Investment Limited Partner shall have received any distributions under Article X, the General Partners shall file an amendment to this Agreement reducing by the amount of its allocable share of such distribution the amount of Capital Contribution of the Investment Limited Partner as stated in the last previous amendment to this Agreement. However, Schedule A shall not be amended on account of any such distribution. The Partnership shall amend the Certificate at least once each calendar quarter to effect the substitution of Substituted Limited Partners, although the General Partners may elect to do so more frequently. In the case of assignments, where the assignee does not become a Substituted Limited Partner, the Partnership shall recognize the assignment not later than the last day of the calendar month following receipt of notice of assignment and all docu mentation documentation required in connection therewith hereunder. Notwithstanding the foregoing provisions of this Section 13.2, no such amendments to this Agreement need be filed by the General Partners if the Certificate Agreement is not required to and does not identify the Limited Partners or their Capital Contributions in such capacity.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

Amendments to Certificate. Within one hundred twenty (120) 120 days after the end of any Partnership fiscal year in which the Investment Limited Partner Partners shall have received any distributions under Article X, the General Partners shall file an amendment to this Agreement the Certificate reducing by the amount of its allocable share of such distribution the amount of Capital Contribution Con- tribution of the Investment Limited Partner Partners as stated in the last previous amendment to this Agreementthe Certificate. However, Schedule A shall not be amended on account of any such distribution. The Partnership shall amend the Certificate at least once each calendar quarter to effect the substitution of Substituted substituted Limited Partners, although the General Partners may elect to do so more frequently. In the case of assignments, where the assignee does not become a Substituted Limited Partner, the Partnership shall recognize the assignment not later than the last day of the calendar month following receipt of notice of assignment and all docu mentation documentation required in connection therewith hereunder. Notwithstanding the foregoing provisions of this Section 13.2, no such amendments to this Agreement the Certificate need be filed by the General Partners if the Certificate is not required to and does not identify the Limited Partners or their Capital Contributions in such capacity.

Appears in 1 contract

Samples: Management Incentive Agreement (Boston Capital Tax Credit Fund Iv Lp)

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Amendments to Certificate. Within one hundred twenty (120) 120 days after the end of any Partnership fiscal year in which the an Investment Limited Partner shall have received any distributions under Article X, the General Partners shall file an amendment to this Agreement the Certificate reducing by the amount of its allocable share of such distribution the amount of Capital Contribution of the each Investment Limited Partner as stated in the last previous amendment to this Agreementthe Certificate. However, Schedule A shall not be amended on account of any such distribution. The Partnership shall amend the Certificate at least once each calendar quarter to effect the substitution of Substituted substituted Limited Partners, although the General Partners may elect to do so more frequently. In the case of assignments, where the assignee does not become a Substituted Limited Partner, the Partnership shall recognize the assignment not later than the last day of the calendar month following receipt of notice of assignment and all docu mentation documentation required in connection therewith hereunder. Notwithstanding the foregoing provisions of this Section 13.2, no such amendments to this Agreement the Certificate need be filed by the General Partners if the Certificate is not required to and does not identify the Limited Partners or their Capital Contributions in such capacity.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

Amendments to Certificate. Within one hundred twenty (120) 120 days after the end of any Partnership fiscal year in which the Investment Limited Partner Partners shall have received any distributions under Article X, the Administrative General Partners Partner shall file an amendment to this Agreement the Certificate reducing by the amount of its allocable share of such distribution the amount of Capital Contribution of the each Investment Limited Partner as stated in the last previous amendment to this Agreementthe Certificate. However, Schedule A shall not be amended on account of any such distribution. The Partnership shall amend the Certificate at least once each calendar quarter to effect the substitution of Substituted substituted Limited Partners, although the Administrative General Partners Partner may elect to do so more frequently. In the case of assignments, where the assignee does not become a Substituted Limited Partner, the Partnership shall recognize the assignment not later than then the last day of the calendar month following receipt of notice of assignment and all docu mentation documentation required in connection therewith hereunder. Notwithstanding the foregoing provisions of this Section 13.2, no such amendments to this Agreement the Certificate need be filed by the Administrative General Partners Partner if the Certificate is not required to and does not identify the Limited Partners or their Capital Contributions in such capacity.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

Amendments to Certificate. Within one hundred twenty (120) 120 days after the end of any Partnership fiscal year in which the Investment Limited Partner shall have received any distributions under Article X, the General Partners shall file an amendment to this Agreement the Certificate reducing by the amount of its allocable share of such distribution the amount of Capital Contribution Con- tribution of the Investment Limited Partner as stated in the last previous amendment to this Agreementthe Certificate. However, Schedule A shall not be amended on account of any such distribution. The Partnership shall amend the Certificate at least once each calendar quarter to effect the substitution of Substituted substituted Limited Partners, although the General Partners may elect to do so more frequently. In the case of assignments, where the assignee does not become a Substituted Limited Partner, the Partnership shall recognize the assignment not later than the last day of the calendar month following receipt of notice of assignment and all docu mentation documen- tation required in connection therewith hereunder. Notwithstanding the foregoing provisions of this Section 13.2, no such amendments to this Agreement the Certificate need be filed by the General Partners if the Certificate is not required to and does not identify the Limited Partners or their Capital Contributions in such capacity.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

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