Common use of COMPENSATION TO THE GENERAL PARTNER Clause in Contracts

COMPENSATION TO THE GENERAL PARTNER. The General Partner shall receive up to (Amount/Optional) dollars per month as an advance against his share in cash disbursements of the partnership. Any portion of such cash advances to the General Partner from the Partnership shall be deducted from the General Partner's share in cash disbursements.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement

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COMPENSATION TO THE GENERAL PARTNER. The General Partner shall receive up to _____(Amount/Optional) )_____ dollars per month as an advance against his share in cash disbursements of the partnership. Any portion of such cash advances to the General Partner from the Partnership shall be deducted from the General Partner's share in cash disbursements.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

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COMPENSATION TO THE GENERAL PARTNER. The General Partner shall receive receives up to 1 (Amountamount/Optionaloptional) dollars per month as an advance against his share in the cash disbursements payments of the partnership. Any portion part of such these cash advances to the General Partner from the Partnership shall be is deducted from the General Partner's share in cash disbursementspayments.

Appears in 1 contract

Samples: Limited Partnership Agreement

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