Common use of Individual General Partners Clause in Contracts

Individual General Partners. Each Individual General Partner shall make a Capital Contribution of $2,000 in cash at the time of such Individual General Partner's admission to the Partnership, for which that Individual General Partner shall receive an interest in the Partnership equivalent to twenty Units, which shall be treated for all allocation purposes under Article 8 and distribution purposes under Article 9 as Units held by a Limited Partner. (c)

Appears in 2 contracts

Samples: Limited Partnership Agreement (Technology Funding Venture Partners Iv), Limited Partnership Agreement (Technology Funding Venture Partners V)

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Individual General Partners. Each Individual General Partner shall make a Capital Contribution of $2,000 in cash at the time of such Individual General Partner's admission to the Partnership, for which that Individual General Partner shall receive an interest in the Partnership equivalent to twenty eight Units, which shall be treated for all allocation purposes under Article 8 and distribution purposes under Article 9 as Units held by a Limited Partner. (c)

Appears in 1 contract

Samples: Limited Partnership Agreement (Technology Funding Partners Iii L P)

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Individual General Partners. Each Individual General Partner shall make a Capital Contribution of $2,000 in cash at the time of such Individual General Partner's admission to the Partnership, for which that Individual General Partner shall receive an interest in the Partnership equivalent to twenty Units, which shall be treated for all allocation purposes under Article 8 and distribution purposes under Article 9 as Units held by a Limited Partner. (c).

Appears in 1 contract

Samples: Limited Partnership Agreement (Technology Funding Venture Partners Iv)

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