Common use of Final Accounting Clause in Contracts

Final Accounting. Each of the Partners shall be furnished with a statement examined by the Partnership's independent accountants, which shall set forth the assets and liabilities of the Partnership as of the date of the complete liquidation. Upon the compliance by the General Partner with the foregoing distribution plan, the Limited Partners shall cease to be such, and the General Partner, as the sole remaining Partner of the Partnership, shall execute and cause to be filed a Certificate of Cancellation of the Partnership and any and all other documents necessary with respect to termination and cancellation of the Partnership.

Appears in 15 contracts

Samples: Agreement of Limited Partnership (Innsuites Hospitality Trust), Contract of Sale/Contribution (Education Realty Trust, Inc.), Merger Agreement (Education Realty Trust, Inc.)

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Final Accounting. Each of the Partners shall be furnished with a statement examined by the Partnership's ’s independent accountants, which shall set forth the assets and liabilities of the Partnership as of the date of the complete liquidation. Upon the compliance by the General Partner with the foregoing distribution plan, the Limited Partners shall cease to be such, and the General Partner, as the sole remaining Partner of the Partnership, shall execute and cause to be filed a Certificate of Cancellation of the Partnership and any and all other documents necessary with respect to termination and cancellation of the Partnership.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Ashford Hospitality Prime, Inc.), Limited Partnership Agreement (Ashford Hospitality Prime, Inc.), Agreement of Limited Partnership (Ashford Hospitality Trust Inc)

Final Accounting. Each of the Partners shall be furnished with a statement examined by the Partnership's ’s independent accountants, which shall set forth the assets and liabilities of the Partnership as of the date of the complete liquidation. Upon the compliance by the General Partner with the foregoing distribution plan, the Limited Partners shall cease to be such, and the General Partner, as the sole remaining Partner of the Partnership, shall execute and cause to be filed a certificate of cancellation of the Certificate of Cancellation of the Limited Partnership and any and all other documents necessary with respect to termination and cancellation of the Partnership.

Appears in 5 contracts

Samples: Agreement of Limited Partnership (Stirling Hotels & Resorts, Inc.), Contribution Agreement (Ashford Hospitality Trust Inc), Limited Partnership Agreement (Ashford Hospitality Prime, Inc.)

Final Accounting. Each of the Partners shall be furnished with a an audited statement examined by the Partnership's independent accountants, which shall set setting forth the assets and liabilities of the Partnership as of the date of the complete liquidationwinding-up of the Partnership’s affairs. Upon the compliance by the winding-up General Partner with or the foregoing distribution plandissolution trustee, as the case may be, the Limited Partners shall cease to be such, partners and the General Partner, as the sole remaining Partner of the Partnership, or trustee shall execute and cause to be filed a certificate of cancellation of the Certificate of Cancellation Limited Partnership of the Partnership and any and all other documents necessary with respect to such termination and cancellation of the Partnershipcancellation.

Appears in 1 contract

Samples: Limited Liability Limited Partnership Agreement (Shells Seafood Restaurants Inc)

Final Accounting. Each of the Partners shall be furnished with a an audited statement examined by the Partnership's independent accountants, which shall set setting forth the assets and liabilities of the Partnership as of the date of the complete liquidationwinding-up of the Partnership's affairs. Upon the compliance by the winding-up General Partner with or the foregoing distribution plandissolution trustee, as the case may be, the Limited Partners shall cease to be such, partners and the General Partner, as the sole remaining Partner of the Partnership, or trustee shall execute and cause to be filed a certificate of cancellation of the Certificate of Cancellation Limited Partnership of the Partnership and any and all other documents necessary with respect to such termination and cancellation of the Partnershipcancellation.

Appears in 1 contract

Samples: Limited Partnership Agreement (Hops Grill & Bar Inc)

Final Accounting. Each of the Partners shall be furnished with a statement examined by the Partnership's independent accountants, which shall set setting forth the assets and liabilities liabilities, if any, of the Partnership as of the date of the complete liquidation. Upon the compliance by the General Partner (s) or the liquidating trustee, as the case may be, with the foregoing distribution planprovisions of this Agreement, the Limited Partners shall cease to be such, and the General PartnerPartner(s) or the liquidating trustee, as the sole remaining Partner of the Partnershipcase may be, shall execute and cause to be filed a Certificate of Cancellation of the Partnership and any and all other documents necessary with respect to termination and cancellation of the Partnershipcancellation.

Appears in 1 contract

Samples: Agreement of Limited Partnership (WTNH Broadcasting Inc)

Final Accounting. Each of the Limited Partners shall be furnished with a statement examined by the Partnership's ’s independent accountants, which shall set forth the assets and liabilities of the Partnership as of the date of the complete liquidation. Upon the compliance by the General Partner with the foregoing distribution plan, the Limited Partners shall cease to be such, and the General Partner, as the sole remaining Partner of the Partnership, shall execute and cause to be filed a Certificate of Cancellation of the Partnership and any and all other documents necessary with respect to termination and cancellation of the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Carter Validus Mission Critical REIT, Inc.)

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Final Accounting. Each of the Partners Partner s shall be furnished with a statement examined by the Partnership's independent accountants, which shall set forth the assets and liabilities of the Partnership as of the date of the complete liquidation. Upon the compliance by the General Partner with the foregoing distribution plan, the Limited Partners shall cease to be such, and the General Partner, as the sole remaining Partner of the Partnership, shall execute and cause to be filed a Certificate of Cancellation of the Partnership and any and all other documents necessary with respect to termination and cancellation of the Partnership.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Boykin Lodging Trust Inc)

Final Accounting. Each of the Partners shall be furnished with a statement examined prepared by the Partnership's independent accountants, accountants which shall set forth the assets and liabilities of the Partnership as of the date of the complete liquidationliquidation of the Partnership's assets. Upon the compliance by the General Partner (or its successor) with the foregoing distribution planterms and conditions of this Article XI, the remaining General Partner of the Partnership or liquidating trustee, if any, or, if none, a majority in interest of the Limited Partners shall cease to be such, and the General Partner, as the sole remaining Partner of the Partnership, shall execute and cause to be filed a Certificate of Cancellation of the Partnership and any and all other documents necessary with respect to termination and cancellation of the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (PDG Environmental Inc)

Final Accounting. Each of the Partners shall be furnished with a statement examined certified by the Partnership's ’s independent certified public accountants, which shall set forth the assets and liabilities of the Partnership as of the date of the complete liquidation. Upon the compliance by the General Partner with the foregoing distribution plan, the Limited Partners shall cease to be such, and the General Partner, as the sole remaining Partner of the Partnership, shall execute and cause to be filed a Certificate of Cancellation of the Partnership and any and all other documents necessary with respect to termination and cancellation of the Partnershipcancellation.

Appears in 1 contract

Samples: Limited Partnership Agreement (Everflow Eastern Partners Lp)

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