Common use of Deficit Capital Accounts at Liquidation Clause in Contracts

Deficit Capital Accounts at Liquidation. No Limited Partner shall have any obligation upon termination of the Partnership to restore a negative Capital Account balance.

Appears in 3 contracts

Samples: Divine Interventures Inc, Divine Interventures Inc, Divine Interventures Inc

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Deficit Capital Accounts at Liquidation. No Limited Partner shall have any obligation upon termination of the Partnership to restore a negative Capital Account balancebalance other than to contribute any amounts required to be contributed pursuant to Section 3.3 hereof.

Appears in 2 contracts

Samples: Agreement (Divine Interventures Inc), Divine Interventures Inc

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