Common use of Contribution by the General Partner Clause in Contracts

Contribution by the General Partner. Within five (5) days of signing this Agreement, the General Partner shall contribute to the capital of the Partnership cash in the amount of $9,900 in exchange for 990 General Partnership Units (representing a 99.0% interest in the Partnership).

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cottonwood Multifamily Opportunity Fund, Inc.), Limited Partnership Agreement (Cottonwood Multifamily Development REIT I, Inc.)

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Contribution by the General Partner. Within five (5) days of signing this Agreement, the General Partner shall contribute to the capital of the Partnership cash in the amount of $9,900 in exchange for 990 General Partnership Units (representing a 99.0% interest in the Partnership)Units.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cottonwood Multifamily Reit Ii, Inc.), Limited Partnership Agreement (Cottonwood Multifamily Reit I, Inc.)

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