CLASSES OF PARTNERSHIP INTERESTS; CAPITAL CONTRIBUTIONS Sample Clauses

CLASSES OF PARTNERSHIP INTERESTS; CAPITAL CONTRIBUTIONS. 20 Section 3.1 Classes of Partnership Interests; Capital Contributions of the Partners 20 Section 3.2 Issuances of Additional Partnership Interests 21 Section 3.3 Additional Funds and Capital Contributions 21 Section 3.4 Issuances; Repurchases and Redemptions; Recapitalizations 22 Section 3.5 No Interest; No Return 27 Section 3.6 Capital Accounts 27 Section 3.7 Certain Preemptive Rights of the NB Partners 27 Section 3.8 Adjustments 28 ARTICLE IV DISTRIBUTIONS 29 Section 4.1 Distributions Generally 29 Section 4.2 Tax Distributions 29 Section 4.3 Distributions in Kind 29 Section 4.4 Distributions to Reflect Additional Partnership Units 29 Section 4.5 Restricted Distributions 29 Section 4.6 Use of Distributions 29 Section 4.7 Seller Earnout Units (Distributions) 30 ARTICLE V ALLOCATIONS 30 Section 5.1 General Allocations 30 Section 5.2 Additional Allocation Provisions 31 Section 5.3 Tax Allocations 32 Section 5.4 Other Allocation Rules 33 Section 5.5 Seller Earnout Units (Allocations) 33 ARTICLE VI OPERATIONS 33 Section 6.1 Management 33 Section 6.2 Compensation and Advances 36 Section 6.3 Outside Activities 37 Section 6.4 Transactions with Affiliates 39 Section 6.5 Liability of Partners; Fiduciary and Other Duties; Indemnification 40 Section 6.6 Indemnification 41 Section 6.7 Certain NB Consent Rights 43
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CLASSES OF PARTNERSHIP INTERESTS; CAPITAL CONTRIBUTIONS. Section 3.1 Classes of Partnership Interests; Capital Contributions of the Partners.
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Related to CLASSES OF PARTNERSHIP INTERESTS; CAPITAL CONTRIBUTIONS

  • CAPITAL CONTRIBUTIONS AND ISSUANCE OF PARTNERSHIP INTERESTS Section 5.1 Organizational Contributions; Contributions by the General Partner and its Affiliates 40 Section 5.2 Contributions by Initial Limited Partners 41 Section 5.3 Interest and Withdrawal 41 Section 5.4 Capital Accounts 41 Section 5.5 Issuances of Additional Partnership Interests and Derivative Instruments 45 Section 5.6 Conversion of Subordinated Units 46 Section 5.7 Limited Preemptive Right 47 Section 5.8 Splits and Combinations 47 Section 5.9 Fully Paid and Non-Assessable Nature of Limited Partner Interests 48 Section 5.10 Issuance of Common Units in Connection with Reset of Incentive Distribution Rights 48 Section 5.11 Establishment of Series A Preferred Units 50 Section 5.12 Deemed Capital Contributions 63 ARTICLE VI

  • Classes of Partnership Units The General Partner is hereby authorized to cause the Partnership to issue Partnership Units designated as Class T Units, Class S Units, Class D Units, Class I Units and Class E Units. Each such Class shall have the rights and obligations attributed to that Class under this Agreement.

  • Additional Capital Contributions and Issuances of Additional Partnership Interests Except as provided in this Section 4.2 or in Section 4.3, the Partners shall have no right or obligation to make any additional Capital Contributions or loans to the Partnership. The General Partner may contribute additional capital to the Partnership, from time to time, and receive additional Partnership Interests in respect thereof, in the manner contemplated in this Section 4.2.

  • Members Capital Contributions (a) Initial Capital Contribution. The initial Capital Contribution described on Schedule 1 (the “Property”) was made by the previous Member.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Capital Contributions of the Partners (a) The Partners have made the Capital Contributions as set forth in Exhibit A.

  • Partnership Interests Except as may otherwise be provided herein, each Partner’s percentage interest in the assets, profits, and distributions of the Partnership (“Partnership Interest”) shall be as set forth in Exhibit B attached hereto and incorporated herein by reference.

  • Additional Partnership Interests If the Partnership issues Partnership Interests in accordance with Section 4.2 or 4.3, the distribution priorities set forth in Section 5.1 shall be amended, as necessary, to reflect the distribution priority of such Partnership Interests and corresponding amendments shall be made to the provisions of Exhibit B.

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