Capital and Capital Accounts. (a) The Capital Contribution of each Partner shall be as set forth on Schedule A. No interest shall be paid on any Capital Contribution. No Partner shall have the right to withdraw its Capital Contribution or to demand and receive property of the Partnership in return for its Capital Contribution, except as may be specifically provided in this Agreement or required by law.
Capital and Capital Accounts. (a) The capital of the Partnership shall be the aggregate amount of the cash and the Gross Asset Value of property contributed by the General Partner and by the Limited Partners as set forth in Schedule A. No interest shall be paid by the Partnership on any Capital Contribution to the Partnership. Schedule A shall be amended from time to time to reflect the withdrawal or admission of Partners, any changes in the Partnership Interests held by a Partner arising from the transfer of an Interest to or by such Partner and any change in the amounts to be contributed or agreed to be contributed by any Partner. No Partner shall have the right to withdraw or receive a return of any of its Capital Contributions except as set forth in this Agreement.
Capital and Capital Accounts. (a) The initial Capital Contribution of each Member is as set forth in Exhibit A. No interest may be paid on any other Capital Contribution.
Capital and Capital Accounts. (1) The capital of the Partnership consists of the aggregate of all sums of money or other property contributed by the Partners and not returned to them.
Capital and Capital Accounts. (a) The Capital Contribution of each Partner shall be as set forth on Schedule A. Schedule A shall be amended from time to time to reflect the withdrawal or admission of Partners, any changes in the Partnership Interests held by a Partner arising from the transfer of an Interest to or by such Partner and any change in the amounts to be contributed or agreed to be contributed by any Partner, all to the extent specifically permitted by this Agreement. No interest shall be paid on any Capital Contribution. No Partner shall have the right to withdraw its Capital Contribution or to demand and receive property of the Partnership in return for its Capital Contribution, except as may be specifically provided in this Agreement or required by law.
Capital and Capital Accounts. (a) The capital of the Partnership shall be the aggregate amount of the cash and the Gross Asset Value of property contributed by the General Partner and by the Limited Partners as set forth in Schedule A. No interest shall be paid by the Partnership on any Capital Contribution to the Partnership. Schedule A shall be amended from time to time to reflect the withdrawal or admission of Partners, any changes in the Partnership Interests held by a Partner arising from the transfer of an Interest to or by such Partner and any change in the amounts to be contributed or agreed to be contributed by any Partner. No Partner shall have the right to withdraw or receive a return of any of its Capital Contributions except as set forth in this Agreement. (b) An individual Capital Account shall be established and maintained for each Partner, including any additional or substituted Partner who shall hereafter receive an interest in the Partnership. The Capital Account of each Partner shall be maintained in accordance with the following provisions: (i) To each Partner's Capital Account there shall be credited such Partner's Capital Contributions, such Partner's distributive share of Profits, and any items in the nature of income or gain that are specially allocated pursuant to Section 10.4 hereof, and the amount of any Partnership liabilities that are assumed by such Partner or that are secured by any Partnership Property distributed to such Partner; (ii) To each Partner's Capital Account there shall be debited the amount of cash and the Gross Asset Value of any Partnership Property distributed to such Partner pursuant to any provision of this Agreement, such Partner's distributive share of Losses, and any items in the nature of expenses or losses that are specially allocated pursuant to Section 10.4 hereof, and the amount of any liabilities of such Partner that are assumed by the Partnership or that are secured by any property contributed by such Partner to the Partnership. In the event that the Gross Asset Values of Partnership assets are adjusted pursuant to this Agreement, the Capital Accounts of all Partners shall be adjusted simultaneously to reflect the aggregate net adjustment as if the Partnership recognized gain or loss equal to the amount of such aggregate net adjustment. (c) The original Capital Account established for any Assignee (as hereinafter defined) shall be in the same amount as, and shall replace, the adjusted Capital Account of the Partner which such A...
Capital and Capital Accounts. 3.1 Members of the Company at the Effective Date 10 3.2 Transfer of Membership Interests and Admission of Substitute Members 10 3.3 Issuance of Additional Membership Interests 10 3.4 Subsequent Capital Contributions 10 3.5 Loans to the Company 10 3.6 Capital Accounts 11 3.7 General Provisions Regarding Capital Contributions 11 3.8 Limitation on Liability 12
Capital and Capital Accounts a. The initial Capital Contribution of each Member shall be as set forth on Exhibit A. No interest shall be paid on any Capital Contribution.
Capital and Capital Accounts. (a) Capital Accounts - A capital account shall be maintained for each Partner and shall be credited with the amounts of contributions to the Partnership when made, shall be credited or charged, as the case may be, with its distributive share of the Partnership profit, gain or loss, and shall be charged with the amounts of any distributions to its Partners pursuant to subparagraph 6 (c).
Capital and Capital Accounts. 21 4.2 General Partner......................................23 4.3 Investment Limited Partner, Special Limited Partner and Original Limited Partner........................................................23 4.4 Liability of the Limited Partners....................23 4.5 Special Rights of the Special Limited Partner........23 4.6 Meetings.............................................26 ARTICLE V......................................................27 Capital Contributions of the Investment Limited Partner and the Special Limited Partner................................27 5.1 Payments.............................................27 5.2 Return of Capital Contributions......................31 ARTICLE VI.....................................................34
