Common use of Contribution by the Limited Partner Clause in Contracts

Contribution by the Limited Partner. Within five (5) days of signing this Agreement, the Limited Partner shall contribute to the capital of the Partnership cash in the amount of $100 in exchange for 10 Limited 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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Contribution by the Limited Partner. Within five (5) days of signing this Agreement, the Limited Partner shall contribute to the capital of the Partnership cash in the amount of $100 in exchange for 10 Limited Partnership UnitsUnits (representing a 1.0% 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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