Common use of Initial and Additional Contributions Clause in Contracts

Initial and Additional Contributions. No Partner shall be required to make any initial or additional contributions to the capital of the Partnership unless agreed to in writing by both Partners. Any agreement between the Partners for additional capital contributions to the Partnership shall create rights and obligations only between the Partnership and the Partners, and shall not create any rights in any third party.

Appears in 2 contracts

Samples: Merry Maids Limited Partnership, Merry Maids Limited Partnership

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Initial and Additional Contributions. Each Partner has made an initial contribution to the capital of the Partnership as set forth in the books and records of the Partnership. No Partner shall be required to make any initial or additional contributions contribution to the capital of the Partnership unless agreed to in writing by both Partners. Any agreement between the Partners for additional capital contributions to the Partnership shall create rights and obligations only between the Partnership and the Partners, and shall not create any rights in any third party.

Appears in 1 contract

Samples: Dorchester Minerals Lp

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Initial and Additional Contributions. Each Partner shall make an ------------------------------------ initial contribution to the capital of the Partnership as set forth opposite its name on the signature page hereto. No Partner shall be required to make any initial or additional contributions contribution to the capital of the Partnership unless agreed to in writing by both Partners. Any agreement between the Partners for additional capital contributions to the Partnership shall create rights and obligations only between the Partnership and the Partners, and shall not create any rights in any third party.

Appears in 1 contract

Samples: Dorchester Minerals Lp

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