Common use of Capital Contributions of the General Partner Clause in Contracts

Capital Contributions of the General Partner. The General Partner shall contribute capital to the Partnership in an amount equal to 20% of the aggregate Capital Commitments to the Partnership, on the same schedule and terms under which any Limited Partner makes a contribution. Each capital contribution made by the General Partner shall be made in cash. Initial investments by the Fund using capital from the General Partner’s Capital Commitments may be briefly held in the name of the General Partner or its affiliates, in trust for and to be transferred to the Fund as soon as practicable.

Appears in 1 contract

Samples: Limited Partnership Agreement

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Capital Contributions of the General Partner. The General Partner shall contribute capital to the Partnership in cash in an amount equal to 20% the greater of: (i) one percent (1%) of the aggregate Capital Commitments to amount contributed by the Partnership, Limited Partners and the General Partner on the same schedule and terms under each date on which any a Limited Partner makes a contribution. Each capital contribution made or (ii) the amount of Partnership expenses required to be borne by the General Partner shall be made in cashunder paragraph 7.1. Initial investments by the Fund using capital from the General Partner’s Capital Commitments may be briefly held in the name of the General Partner or its affiliates, in trust for and to be transferred to the Fund as soon as practicable.5.4

Appears in 1 contract

Samples: Limited Partnership Agreement (Adobe Systems Inc)

Capital Contributions of the General Partner. The General Partner shall contribute capital to the Partnership in cash in an amount equal to 20% one percent (1%) of the aggregate Capital Commitments to amount contributed by the Partnership, Limited Partners and the General Partner on the same schedule and terms under each date on which any a Limited Partner makes a contribution. Each capital contribution made by the General Partner shall be made in cash. Initial investments by the Fund using capital from the General Partner’s Capital Commitments may be briefly held in the name of the General Partner or its affiliates, in trust for and to be transferred to the Fund as soon as practicable.

Appears in 1 contract

Samples: Partnership Agreement (Adobe Systems Inc)

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Capital Contributions of the General Partner. The General Partner shall contribute capital to the Partnership in cash in an amount equal to 20% the greater of: (i) one percent (1%) of the aggregate Capital Commitments to amount contributed by the Partnership, Limited Partners and the General Partner on the same schedule and terms under each date on which any a Limited Partner makes a contribution. Each capital contribution made or (ii) the amount of Partnership expenses required to be borne by the General Partner shall be made in cash. Initial investments by the Fund using capital from the General Partner’s Capital Commitments may be briefly held in the name of the General Partner or its affiliates, in trust for and to be transferred to the Fund as soon as practicableunder paragraph 7.1.

Appears in 1 contract

Samples: Agreement (Adobe Systems Inc)

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