Common use of General Partner Deficit Makeup Clause in Contracts

General Partner Deficit Makeup. If the General Partner has a deficit balance in its Capital Account following the liquidation of its Partnership Interest, as determined after taking into account all Capital Account adjustments for the taxable year during which such liquidation occurs (other than those made pursuant to this Section 12.5), it shall contribute an amount equal to such deficit to the Partnership by the end of such taxable year, or, if later, within ninety days following the date of such liquidation. Any amount contributed to the Partnership pursuant to this Section 12.5 shall be distributed according to Section 12.4.

General Partner Deficit Makeup. If the General Partner has a deficit balance in its Capital Account following the liquidation of its Partnership Interest, as determined after taking into account all Capital Account adjustments for the taxable year Taxable Year during which such liquidation occurs (other than those made pursuant to this Section 12.513.4), it shall contribute an amount equal to such deficit to the Partnership by the end of such taxable yearTaxable Year, or, or if later, within ninety 90 days following the date of such liquidation. Any amount contributed to the Partnership pursuant to this Section 12.5 13.4 shall be distributed according to Section 12.413.2(c).

General Partner Deficit Makeup. If the General Partner has a deficit balance in its Capital Account following the liquidation of its Partnership Interest, as determined after taking into account all Capital Account [WP: JGC/ACT, L.P. L. PARTNERSHIP] 1-DEC-91 adjustments for the taxable year during which such liquidation occurs (other than those made pursuant to this Section 12.5), it shall contribute an amount equal to such deficit to the Partnership by the end of such “taxable year, or, if later, within ninety days following the date of such liquidation. Any amount contributed to the Partnership pursuant to this Section 12.5 shall be distributed according to Section 12.4.

General Partner Deficit Makeup. If the General Partner has a deficit balance in any of its Capital Account Accounts following the liquidation of its Partnership Interest, as determined after taking into account all Capital Account adjustments for the taxable year Taxable Year during which such liquidation occurs (other than those made pursuant to this Section 12.513.5), it shall contribute an amount equal to such deficit to the Partnership by the end of such taxable yearTaxable Year, or, or if later, within ninety 90 days following the date of such liquidation. Any amount contributed to the Partnership pursuant to this Section 12.5 13.5 shall be distributed according to Section 12.413.3(c).

General Partner Deficit Makeup. If the a General Partner has a deficit balance in its Capital Account following the liquidation of its Partnership Interest, as determined after taking into account all Capital Account adjustments for the taxable year during which such liquidation occurs (other than those made pursuant to this Section 12.513.04), it that General Partner shall contribute an amount equal to such deficit to the Partnership by the end of such taxable year, or, or if later, within ninety (90) days following the date of such liquidation. Any amount contributed to the Partnership pursuant to this Section 12.5 13.04 shall be distributed according to Section 12.413.03(b).