Common use of Application of Capital Contributions Clause in Contracts

Application of Capital Contributions. The General Partner shall deposit in the Partnership Account the Capital Contributions and apply such Capital Contributions to (i) pay to the General Partner the aggregate amount due pursuant to Section 4.12B in consideration of the General Partner's payment of Organization and Offering Costs, (ii) pay Commissions, and (iii) pay to the General Partner the Acquisitions and Operations Fee. The balance of such Capital Contributions shall be held in the Partnership Account to be applied to the payment of Property Acquisition Costs and, to the extent not payable out of Revenues or Investment Income, Operating Costs, General and Administrative Costs, Direct Administrative Costs and other Partnership costs; provided, however, that such funds may be temporarily invested prior to the payment of such costs in accordance with Section 10.3.

Application of Capital Contributions. The General Partner shall deposit in the Partnership Account the Capital Contributions and apply such Capital Contributions to (i) pay to the General Partner the aggregate amount due pursuant to Section 4.12B 4.1 2B in consideration of the General Partner's payment of Organization and Offering Costs, (ii) pay Commissions, and (iii) pay to the General Partner the Acquisitions and Operations Fee. The balance of such Capital Contributions shall be held in the Partnership Account to be applied to the payment of Property Acquisition Costs and, to the extent not payable out of Revenues or Investment Income, Operating Costs, General and Administrative Costs, Direct Administrative Costs and other Partnership costs; provided, however, that such funds may be temporarily invested prior to the payment of such costs in accordance with Section 10.3.

Application of Capital Contributions. The General Partner shall deposit in the Partnership Account the Capital Contributions and apply such Capital Contributions to (iI) pay to the General Partner the aggregate amount due pursuant to Section 4.12B in consideration of the General Partner's payment of Organization and Offering Costs, (ii) pay Commissions, and (iii) pay to the General Partner the Acquisitions and Operations Fee. The balance of such Capital Contributions shall be held in the Partnership Account to be applied to the payment of Property Acquisition Costs and, to the extent not payable out of Revenues or Investment Income, Operating Costs, General and Administrative Costs, Direct Administrative Costs and other Partnership costs; provided, however, that such funds may be temporarily invested prior to the payment of such costs in accordance with Section 10.3.

Application of Capital Contributions. The General Partner shall deposit in the Partnership Account the Capital Contributions and apply such Capital Contributions to (i) pay to the General Partner the aggregate amount due pursuant to Section 4.12B 4. 12B in consideration of the General Partner's payment of Organization and Offering Costs, (ii) pay Commissions, and (iii) pay to the General Partner the Acquisitions and Operations Fee. The balance of such Capital Contributions shall be held in the Partnership Account to be applied to the payment of Property Acquisition Costs and, to the extent not payable out of Revenues or Investment Income, Operating Costs, General and Administrative Costs, Direct Administrative Costs and other Partnership costs; provided, however, that such funds may be temporarily invested prior to the payment of such costs in accordance with Section 10.3.