Common use of Estimated Fair Market Value Clause in Contracts

Estimated Fair Market Value. If the Partners are unable, at the time of execution of this Agreement, to establish the fair market value of all or any part of any property contributed by the Limited Partner pursuant to Section 6.2, the Partners may initially set forth an estimated value for such property pending final determination of the fair market value thereof. In such event, the General Partner’s contribution pursuant to Section 6.1 shall initially be calculated using the estimated value of such property. Adjustments (either additional contributions from the General Partner or refund of excess contributions to the General Partner, as the case may be) shall be effected upon the final determination by the Partners of the fair market value of such property.

Estimated Fair Market Value. If the Partners are unable, at the time of execution of this Agreement, to establish the fair market value of all or any part of any property contributed by the Limited Partner pursuant to Section 6.2, the Partners may initially set forth an estimated value for such property pending final determination of the fair market value thereof. In such event, the General Partner’s 's contribution pursuant to Section 6.1 shall initially be calculated using the estimated value of such property. Adjustments (either additional contributions from the General Partner or refund of excess contributions to the General Partner, as the case may be) shall be effected upon the final determination by the Partners of the fair market value of such property.