Common use of COMPENSATION OF GENERAL PARTNER AND EXPENSES Clause in Contracts

COMPENSATION OF GENERAL PARTNER AND EXPENSES. The General Partner shall receive no compensation for services to the Partnership as General Partner; provided, however, that the General Partner shall be entitled to charge to the Partnership any filing fees incurred in complying with any requirement imposed on the Partnership by law, reasonable accountants' and attorneys' fees and all other reasonable expenses arising out of the administration of the Partnership including, but not limited to, those incurred in any administrative or judicial proceeding in which the Partnership may become involved, all of which shall be proper expenses of the Partnership.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Honda Titling D Lp), Limited Partnership Agreement (Honda Titling D Lp), Limited Partnership Agreement (Honda Titling D Lp)

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COMPENSATION OF GENERAL PARTNER AND EXPENSES. The General Partner shall receive no compensation for services to the Partnership as General Partner; provided, however, that the General Partner shall be entitled to charge to the Partnership any filing fees incurred in complying with any requirement imposed on the Partnership by law, reasonable accountants' and attorneys' fees and all other reasonable expenses arising out of the administration of the Partnership includingPartnership, but not limited to, including those incurred in any administrative or judicial proceeding in which the Partnership may become involved, all of which shall be proper expenses of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Ryder Truck Rental I Lp), Limited Partnership Agreement (Ryder Funding Ii Lp)

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COMPENSATION OF GENERAL PARTNER AND EXPENSES. The General Partner shall receive no compensation for services to the Partnership as General Partner; provided, however, that the General Partner shall be entitled to charge to the Partnership any filing fees incurred in complying with any requirement imposed on the Partnership by law, reasonable accountants' and attorneys' fees and all other reasonable expenses arising out of the administration of the Partnership including, but not limited to, those incurred in any administrative or judicial proceeding in which the Partnership may become involved, all of which shall be proper expenses of the Partnership.judicial

Appears in 1 contract

Samples: Limited Partnership Agreement (Ryder Funding Ii Lp)

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