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.)
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: Cottonwood Multifamily Reit Ii, Inc., Cottonwood Multifamily Reit I, Inc.