Each Partner’s Share. A Capital Account shall be maintained for each Partner and shall be credited with the amount of its capital contribution to the Partnership. Each capital account shall be established and maintained in compliance with Section 704 of the Internal Revenue Code of 1986 (the “Code”) and all applicable temporary and final tax regulations under the Code (“Treasury Regulations”), and any amendments thereof. No interest shall be paid on partnership capital.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Hospital of Fulton, Inc.), Limited Partnership Agreement (Hospital of Fulton, Inc.), Limited Partnership Agreement (Hospital of Fulton, Inc.)
