Capital of the Partnership. Except as otherwise expressly provided herein, no Partner shall be entitled to withdraw or receive any interest or other return on, or return of, all or any part of its Capital Contribution, or to receive any Partnership property (other than cash) in return for its Capital Contribution. No Partner shall be entitled to make a Capital Contribution to the Partnership except as expressly authorized by this Agreement or to make any loans to the Partnership except with the unanimous consent of the General Partners.
Capital of the Partnership. The capital of the Partnership is the aggregate amount of cash and the agreed fair market value of property contributed or deemed contributed by the Partners to the Partnership as set forth in Schedule "A" attached hereto and made a part hereof. The capital described on Schedule "A" represents the agreed upon fair market value of the Partners' interest in the capital of the Partnership as of the date hereof. General Provisions. Schedule AA@ shall be amended from time to time to reflect the withdrawal or admission of Partners, any changes in the Percentage Interest of any Partner arising from the transfer of any part of a Partnership Interest to or by such Partner and any changes in the amounts contributed or agreed to be contributed by any Partner. Notwithstanding the foregoing, no Partner shall be permitted to withdraw or be admitted unless such admission or withdrawal is in accordance with the terms of the Shareholders= Agreement. A Capital Account shall be established for each Partner, and shall be increased by: (1) the amount of money contributed by the Partner to the Partnership; (2) the fair market value of property contributed by the Partner to the Partnership (net of liabilities that the Partnership is considered to assume or take subject to under Code Section 752); and (3) allocations to the Partner of Partnership Profits (or items thereof). The Capital Account for each Partner shall be decreased by: (1) the amount of money distributed to the Partner by the Partnership; (2) the fair market value of property distributed to the Partner by the Partnership (net of liabilities that such Partner is considered to assume or take subject to under Code Section 752); and (3) allocations to the Partner of Partnership Losses (or items thereof). In all events, the Capital Account of each Partner will be determined and maintained throughout the term of the Partnership in accordance with Treasury Regulation Section 1.704-1(b)(2)(iv). The General Partner, in its discretion, may elect to have the Capital Accounts of the Partners adjusted to reflect a revaluation of Partnership assets on the Partnership's books (the "Revaluation Adjustment") in accordance with Treasury Regulation Section 1.704-1(b)(2)(iv)(f). Any Partner, including any additional or substitute Partner, who acquires any interest in the Partnership or whose Partnership Interest is increased by means of the transfer to him of all or part of the Partnership Interest of another Partner, shall have a Capi...
Capital of the Partnership. 14 3.1 Capital Contributions to the Partnership....................14 3.2
Capital of the Partnership. 3.1. Capital Contributions and Partnership Interests of the Partners. The Partners have contributed to the Partnership the amounts of cash set forth by their names on Exhibit A, attached hereto. Unless the Partners agree otherwise, no Partner shall be required to make additional cash contributions.
Capital of the Partnership. The contributions to the Partnership are registered with the Chamber to be USD 28,029,621.
Capital of the Partnership. The capital of the Company shall be the Initial Capital Contributions, the Special Capital Contributions and the Additional Capital Contributions expressly required by this Article III (the "Capital"). No Member shall have any obligation to make any contribution to the Capital of the Company or to advance any funds thereto other than the obligations of the Members to contribute the Initial Capital Contributions, the Special Capital Contributions and the Additional Capital Contributions. No Related Person shall be personally liable for the return of the Capital Contributions of any other Member or any portion thereof and such return shall be made solely from available Company assets, if any.
Capital of the Partnership. The capital of the Partnership is the aggregate amount of cash and the agreed fair market value of property contributed or deemed contributed by the Partners to the Partnership as set forth in Schedule "A" attached hereto and made a part hereof. The capital described on Schedule "A" represents the agreed upon fair market value of the Partners' interest in the capital of the Partnership as of the date hereof.
Capital of the Partnership. 3.1. Capital Contributions and Partnership Interests of the Partners.
3.1.1. Initial Contributions. Each Partner agrees to make the initial Capital Contribution to the Partnership set forth on Exhibit A attached hereto as full payment for the Partnership Interest of such Partner.
Capital of the Partnership. The Partnership shall be financed through contributions in cash or in kind from the Partners, without prejudice to the other sources of financing the Partnership may use in accordance with Clause 5. The Units issued during the Initial Subscription Period as a result of above mentioned commitments shall be issued at an Initial Issue Price of 100,- USD per Unit, which can be divided in hundredths of Units, with a minimum investment amount in USD that is equivalent at 100.000,- EUR at least per Limited Partner. The initial contribution of the Partners to the Partnership shall be made as follows: Capital Nbr of Units % General Partner 100,- USD 1 GP Unit 4,76 % Initial Limited Partner 2.000,- USD 20 Class F LP Units 95,24 % Total 2.100,- USD 21 Units 100,00 % All subsequent issues of Units after the Initial Subscription Period will be issued based on the Net Asset Value (“NAV”). The Issue Price will be determined on the NAV Calculation Date. The Term Sheet will describe if and when a Subscription Fee may be deducted of the Subscription Amount and to whom it is payable. Except as otherwise provided in this LPA, new investors may be admitted to the Partnership only with the approval of the General Partner, on terms and conditions determined by the General Partner and subject to the adherence of the new investor to this LPA. The Units may be held or acquired by whatever means only by Eligible Investors. The rights and obligations attached to the Units shall be identical except to the extent otherwise provided by the LPA or by the Laws. The General Partner may create any class of Units at its own discretion.
Capital of the Partnership. The names, addresses, Capital Account balances of, and number and class of Units held by the Partners, in each case effective immediately following the execution of this Agreement, shall be set forth on a register (the “Partners’ Register”) maintained by the REIT GP. The REIT GP shall update the Partners’ Register as required by the Act and ensure that it accurately reflects the information to be provided for therein. Any amendment or revision to the Partners’ Register made in accordance with this Agreement shall not be deemed an amendment to this Agreement. Any reference in this Agreement to the Partners’ Register shall be deemed to be a reference to the Partners’ Register as amended and in effect from time to time. The inadvertent failure by the REIT GP to amend the Partners’ Register in accordance with the terms of this Agreement shall not affect the status of any Partner or such Partner’s rights or obligations hereunder.
