Construction Proforma. Attached hereto as Exhibit "B" and incorporated herein by this reference is the Construction Proforma. If the construction costs exceed the sum of the Capital Contributions, the proceeds of the Mortgage and the Development Fee then the General Partner shall be responsible for and shall be obligated to pay such deficiencies.
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Samples: Agreement of Limited Partnership (WNC Housing Tax Credit Fund Vi Lp Series 6), Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6), Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)
Construction Proforma. Attached hereto as Exhibit "B" and incorporated herein by this reference is the Construction Proforma. If the construction costs exceed the sum of the Capital Contributions, the proceeds of the Mortgage and the Development Fee then the General Partner shall be responsible for and shall be obligated to pay such deficienciesdeficiencies as and to the extent provided in the Partnership Agreement.
Appears in 1 contract
Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)