Capital Account Deficits. Notwithstanding anything to the contrary in Section 3.02(a), no Investor Partner shall be allocated any item to the extent that such allocation would create or increase a deficit in such Investor Partner's Capital Account.
Appears in 15 contracts
Samples: Limited Partnership Agreement (PDC 2002 B LTD Partnership), Limited Partnership Agreement (PDC 2002 C LTD Partnership), Limited Partnership Agreement (PDC 2003-a Lp)
Capital Account Deficits. Notwithstanding anything to the contrary in Section 3.02(a), no Investor Limited Partner shall be allocated any item to the extent that such allocation would create or increase a deficit in such Investor Limited Partner's ’s Capital Account.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Reef Global Energy I Lp), Limited Partnership Agreement (Reef Global Energy Ii Lp)
