Common use of Definition and Payment of General Partner Expenses Clause in Contracts

Definition and Payment of General Partner Expenses. As between the General Partner, on the one hand, and the Partnership, on the other hand, the General Partner shall be solely responsible for and shall pay all General Partner Expenses pursuant to this Agreement. As used herein, the term “General Partner Expenses” means:

Definition and Payment of General Partner Expenses. As between the General Partner, on the one hand, Partner and the Partnership, on the other hand, the General Partner shall be solely responsible for and shall pay all General Partner Expenses pursuant to this AgreementExpenses. As used herein, the term “"General Partner Expenses” means:" means all compensation and employee benefit expenses of employees of the General Partner and the Manager and related overhead (including rent, utilities, travel, entertainment and other similar items) resulting from the activities of such employees on behalf of the Partnership or in connection with this Agreement and Organizational Expenses in excess of Partnership Organizational Expenses.

Definition and Payment of General Partner Expenses. As between the General Partner, on the one hand, Partner and the Partnership, on the other hand, the General Partner shall be solely responsible for and shall pay all General Partner Expenses pursuant to this AgreementExpenses. As used herein, the term “General Partner Expenses” means:means (i) all compensation and employee benefit expenses of employees of the General Partner and the Manager and related overhead (including rent, utilities and other similar items) resulting from the activities of such employees on behalf of the Partnership or in connection with this Agreement, (ii) all Organizational Expenses in excess of Partnership Organizational Expenses and (iii) all Placement Fees.

Definition and Payment of General Partner Expenses. As between the General Partner, on the one hand, Partner and the Partnership, on the other hand, the General Partner shall be solely responsible for and shall pay all General Partner Expenses pursuant to this AgreementExpenses. As used herein, the term “"GENERAL PARTNER EXPENSES" means (i) all compensation and employee benefit expenses of employees of the General Partner Expenses” means:and the Manager and related overhead (including rent, utilities and other similar items) resulting from the activities of such employees on behalf of the Partnership or in connection with this Agreement, (ii) all Organizational Expenses in excess of Partnership Organizational Expenses and (iii) all Placement Fees.