Common use of General Rule for Funding of Partnership Expenses Clause in Contracts

General Rule for Funding of Partnership Expenses. Except as set forth in Section 4.03(b), any Partnership Expense shall be funded by the Partners pro rata in accordance with their respective Commitment Percentages.

Appears in 5 contracts

Samples: And Restated Agreement (Host Hotels & Resorts L.P.), And Restated Agreement (Host Hotels & Resorts, Inc.), Host Hotels & Resorts, Inc.

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General Rule for Funding of Partnership Expenses. Except as set forth in Section 4.03(b), any Partnership Expense shall be allocated by the General Partner to a Fund, and shall be funded by the Partners having an interest in such Fund, pro rata in accordance with their respective Commitment PercentagesPercentages applicable to such Fund, however in no event exceeding such Limited Partner’s Available Capital Commitment.

Appears in 3 contracts

Samples: Fourth Amended And (Host Hotels & Resorts, Inc.), Host Hotels & Resorts L.P., Host Hotels & Resorts, Inc.

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General Rule for Funding of Partnership Expenses. Except as set forth in Section 4.03(b), any Partnership Expense shall be funded by the Partners pro rata in accordance with their respective Partnership Commitment Percentages.

Appears in 1 contract

Samples: Greenhill & Co Inc

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