Common use of Deficit in Accounts Clause in Contracts

Deficit in Accounts. The interest of a Partner in the Partnership will not terminate by reason of a negative or zero Capital Contribution Balance of the relevant Partner.

Appears in 14 contracts

Samples: Limited Partnership Agreement (Golden Credit Card Trust), Limited Partnership Agreement, Limited Partnership Agreement (RBC Covered Bond Guarantor Limited Partnership)

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Deficit in Accounts. β€Œ The interest of a Partner in the Partnership will not terminate by reason of a negative or zero Capital Contribution Balance of the relevant Partner.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Deficit in Accounts. The interest of a Partner in the Partnership will not terminate by reason of a negative or zero Capital Contribution Balance balance in any accounts maintained on the books of the relevant PartnerPartnership.

Appears in 2 contracts

Samples: www.sec.gov, Kinder Morgan Canada LTD

Deficit in Accounts. The interest of a Partner in the Partnership will not terminate by reason of a negative or zero Capital Contribution Balance balance in any account maintained on its behalf on the books of the relevant PartnerPartnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Extendicare Real Estate Investment Trust)

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Deficit in Accounts. The interest Equity Interest of a Partner in the Partnership will not terminate by reason of a negative or zero Capital Contribution Balance of the relevant Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement

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