CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS Sample Clauses
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. Section 4.1 Capital Contributions of the Partners
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. Section 4.1 Capital Contributions Of The Partners Prior to the execution of this Agreement, the Partners have made the Capital Contributions as set forth in the Partner Registry. On the date hereof, the Partners own Partnership Units in the amounts set forth in the Partner Registry and have Percentage Interests in the Partnership as set forth in the Partner Registry. The number of Partnership Units and Percentage Interest shall be adjusted in the Partner Registry from time to time by the General Partner to the extent necessary to reflect accurately exchanges, redemptions, Capital Contributions, the issuance of additional Partnership Units or similar events having an effect on a Partner’s Percentage Interest occurring after the date hereof in accordance with the terms of this Agreement. To the extent the Partnership acquires any property by the merger of any other Person into the Partnership or any of its Subsidiaries, Persons who receive Partnership Interests in exchange for their interests in the Person merging into the Partnership or any Subsidiary shall become Partners and shall be deemed to have made Capital Contributions as provided in the applicable merger agreement and as set forth in the Partner Registry. One thousand (1,000) Partnership Units shall be deemed to be the General Partner’s Partnership Units and shall be the General Partnership Interest of the General Partner. All other Partnership Units held by the General Partner shall be deemed to be Limited Partnership Interests and shall be held by the General Partner in its capacity as a Limited Partner in the Partnership. Except as provided in Sections 7.5, 10.5, and 13.3 hereof, the Partners shall have no obligation to make any additional Capital Contributions or provide any additional funding to the Partnership (whether in the form of loans, repayments of loans or otherwise). Except as otherwise set forth in Section 13.3 hereof, no Partner shall have any obligation to restore any deficit that may exist in its Capital Account, either upon a liquidation of the Partnership or otherwise, provided that such Capital Account deficit did not arise by reason of distributions in violation of this Agreement or applicable law or other actions in violation of this Agreement or applicable law.
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. 14 Section 4.1 Capital Contributions of the Partners..............................................14 Section 4.2 Issuances of Partnership Interests.................................................15 Section 4.3
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. Section 4.1 Capital Contributions of the Partners
A. Capital Contributions. Prior to or concurrently with the execution of this Agreement, the Partners have made the Capital Contributions as set forth in the Partner Registry. On the date hereof, the Partners own Partnership Units in the amounts set forth in the Partner Registry and have Percentage Interests in the Partnership as set forth in the Partner Registry. On or after the date of the Agreement, certain Partners will make Capital Contributions to the Partnership, and the General Partner will update the Partner Registry to reflect the Capital Contributions made by each Partner, the Partnership Units assigned to each Partner and the Percentage Interest in the Partnership represented by such Partnership Units. The number of Partnership Units and Percentage Interest shall be adjusted in the Partner Registry from time to time by the General Partner to the extent necessary to reflect accurately exchanges, redemptions, Capital Contributions, the issuance of additional Partnership Units or similar events having an effect on a Partner’s Percentage Interest occurring after the date of this Agreement and in accordance with the terms of this Agreement.
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. Section 4.1 Capital Accounts and Capital Contributions of the Partners
A. Capital Accounts. Capital Accounts shall be maintained for each Partner pursuant to Exhibit B hereof. On the Effective Date, the Capital Account balances of the General Partner and the Company shall equal the product ot their Percentage Interest and the Agreed Value of the assets acquired by the Partnership on the Effective Date.
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. Section 4.1 Capital Contributions of the Partners
A. Capital Contributions. Prior to or concurrently with the execution of this Agreement, the Partners have made or are deemed to have made the Capital Contributions as set forth in the Partner Registry. On the date hereof, the Partners own Partnership Units in the amounts set forth in the Partner Registry and have Percentage Interests in the Partnership as set forth in the Partner Registry. The number of Partnership Units and Percentage Interest shall be adjusted in the Partner Registry from time to time by the General Partner to the extent necessary to reflect accurately exchanges, redemptions, Capital Contributions, the issuance of additional Partnership Units or similar events having an effect on a Partner’s Percentage Interest in accordance with the terms of this Agreement.
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. Section 4.1 Capital Contributions of the Partners
A. Capital Contributions to the Partnership on the Effective Date. The Mendik Company, Inc. and FW/Mendik LLC previously made Capital Contributions to the Partnership. Immediately prior to the Effective Date, the Partnership was recapitalized and FW/Mendik LLC was issued [_________] Class D Units as the sole Limited Partner of the Partnership and The Mendik Company, Inc. was issued 1,000 Class D Units as the then general partner of the Partnership, which Units will be subject to Section 4.2.D(iii). On the Effective Date, the General Partner and certain other Persons will make additional Capital Contributions to the Partnership in connection with the Consolidation. On the Effective Date, the General Partner will be admitted to the Partnership as a substituted General Partner, and the General Partnership Interest held by The Mendik Company, Inc. will be converted into a Limited Partnership Interest. Thereafter, the General Partner will complete Exhibit A hereto to reflect the Capital Contributions made by each Partner, the number of Partnership Units (by class) held by each Partner and the Percentage Interest in the Partnership represented by such Partnership Units. The Capital Accounts of the Partners and the Carrying Values of the Partnership's Assets shall be determined as of the Effective Date pursuant to Section I.D of Exhibit B hereto to reflect the Capital Contributions made prior to and on the Effective Date.
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. Section 4.1 Capital Contributions of the Partners
A. Capital Contributions to the Partnership on the Effective Date. On the Effective Date and concurrently with the execution of this Agreement, the General Partner and Interstate are making Capital Contributions to the Partnership. Thereafter, the General Partner will complete Exhibit A hereto to reflect the Capital Contributions made by each Partner, the number of Partnership Units (by class) held by each Partner and the Percentage Interest in the Partnership represented by such Partnership Units. The Capital Accounts of the Partners and the Carrying Values of the Partnership's assets shall be determined as of the Effective Date pursuant to Exhibit B hereto to reflect the Capital Contributions made on the Effective Date.
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. SECTION 4.1 CAPITAL CONTRIBUTIONS OF THE PARTNERS
A. INITIAL CAPITAL CONTRIBUTIONS AND RECAPITALIZATION OF THE PARTNERSHIP ON THE EFFECTIVE DATE. On the Effective Date, the Partners will make Capital Contributions to the Partnership in connection with the Consolidation. On the Effective Date, the General Partner will complete EXHIBIT A hereto to reflect the Capital Contributions made by each Partner, the Partnership Units assigned to each Partner and the Percentage Interest in the Partnership represented by such Partnership Units. The Capital Accounts of the Partners and the Carrying Values of the Partnership's Assets shall be determined as of the Effective Date pursuant to Section I.D of EXHIBIT B hereto to reflect the Capital Contributions made on the Effective Date.
CAPITAL CONTRIBUTIONS AND ISSUANCES OF PARTNERSHIP INTERESTS. Section 4.1 Capital Contributions of the Existing Partners; Restatement of Partnership Interests on the Date Hereof; General Partnership Interest
A. Prior Contributions of Existing Partners. Host and other Subsidiaries of Host and their respective predecessors have previously made Capital Contributions to the Partnership, as described in Exhibit E.