Common use of Conditions and Consent to Allocations and Distributions Clause in Contracts

Conditions and Consent to Allocations and Distributions. The methods, hereinabove set forth, by which Net Profits and Net Losses are allocated and by which Distributions of Cash Available For Distribution and surplus funds are allocated and distributed, are hereby expressly consented to by each General and Limited Partner as an express condition to becoming a General or Limited Partner. All Distributions of Cash Available For Distribution and surplus funds are subject to the payment of Partnership expenses and to the maintenance of reasonable working capital reserves deemed sufficient for Partnership business by the General Partners.

Conditions and Consent to Allocations and Distributions. The methods, hereinabove set forth, forth by which Net Profits and Net Losses are allocated and by which Distributions of Cash Available For Distribution and surplus funds are allocated and distributed, are hereby expressly consented to by each General and Limited Partner as an express condition to becoming a General or Limited Partner. All Distributions of Cash Available For Distribution and surplus funds are subject to the payment of Partnership expenses and to the maintenance of reasonable working capital reserves deemed sufficient for Partnership business by the General Partners.

Conditions and Consent to Allocations and Distributions. The methods, hereinabove set forth, by which Net Profits and Net Losses are allocated and by which Distributable Cash From Operations, Distributions of Cash Available For Distribution and surplus funds Surplus Funds are allocated and distributed, are hereby shall be expressly consented to by each General and Limited Partner as an express condition to becoming a General or Limited Partner. All distributions of Distributable Cash From Operations, Distributions of Cash Available For Distribution and surplus funds Surplus Funds are subject to the payment of Partnership expenses and to the maintenance of reasonable working capital reserves deemed sufficient for Partnership business by the General Partners.

Conditions and Consent to Allocations and Distributions. The methods, hereinabove set forth, by which Net Profits and Net Losses are allocated and by which Distributable Cash from Operations, Distributions of Cash Available For Distribution and surplus funds Surplus Funds are allocated and distributed, are hereby shall be expressly consented to by each General and Limited Partner as an express condition to becoming a General or Limited Partner. All distributions of Distributable Cash From Operations, Distributions of Cash Available For Distribution and surplus funds Surplus Funds are subject to the payment of Partnership expenses and to the maintenance of reasonable working capital reserves deemed sufficient for Partnership business by the General PartnersPartner(s).