Common use of Book Capital Accounts Clause in Contracts

Book Capital Accounts. The initial book capital account of Contributor to be reflected on the partnership books and records of Acquiror shall be the face amount of the Preferred Partnership Units.

Appears in 6 contracts

Samples: Contribution Agreement (Innkeepers Usa Trust/Fl), Contribution Agreement (Innkeepers Usa Trust/Fl), Contribution Agreement (Innkeepers Usa Trust/Fl)

AutoNDA by SimpleDocs

Book Capital Accounts. The initial book capital account of Contributor to be reflected on the partnership books and records of Acquiror shall be the face amount of the Preferred Common Partnership Units.

Appears in 1 contract

Samples: Contribution Agreement (Innkeepers Usa Trust/Fl)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!