Common use of Initial Partnership Distributions Clause in Contracts

Initial Partnership Distributions. Upon execution of the First Amended and Restated Agreement, the Partnership made (i) a distribution of one million five hundred thousand dollars ($1,500,000) to RainAm Investors, and (ii) a distribution in an amount equal to the Amstar Required Cash Payment to Amstar. In addition, the Partnership returned to the General Partner, CRE Limited Partner, Inc. and Geraxx X. Xxxxxxx xxx initial capital contributions of one dollar ($1), seventy-four dollars ($74) and twenty-five dollars ($25), respectively, previously made by such Persons to the Partnership.

Initial Partnership Distributions. Upon execution of the First Amended and Restated Agreement, the Partnership made (i) a distribution of one million five hundred thousand dollars ($1,500,000) to RainAm Investors, and (ii) a distribution in an amount equal to the Amstar Required Cash Payment to Amstar. In addition, the Partnership returned to the General Partner, CRE Limited Partner, Inc. and Geraxx Xxxxxx X. Xxxxxxx xxx the initial capital contributions of one dollar ($1l), seventy-four dollars ($74) and twenty-five dollars ($25), respectively25),respectively, previously made by such Persons to the Partnership.

Initial Partnership Distributions. Upon execution of the First Amended and Restated Agreement, the Partnership made (i) a distribution of one million five hundred thousand dollars ($1,500,000) to RainAm Investors, and (ii) a distribution in an amount equal to the Amstar Required Cash Payment to Amstar. In addition, the Partnership returned to the General Partner, CRE Limited Partner, Inc. and Geraxx X. Xxxxxxx xxx Gerald W. Haddock the initial capital contributions of one dollar ($10), seventyxxxxxxx-four xxxx dollars ($74) and twenty-five dollars ($25), respectively, previously made by such Persons to the Partnership.

Initial Partnership Distributions. Upon execution of the First Amended and Restated Agreement, the Partnership made (i) a distribution of one million five hundred thousand dollars ($1,500,000) to RainAm Investors, and (ii) a distribution in an amount equal to the Amstar Required Cash Payment to Amstar. In addition, the Partnership returned to the General Partner, CRE Limited Partner, Inc. and Geraxx Gxxxxx X. Xxxxxxx xxx the initial capital contributions of one dollar ($1l), seventy-four dollars ($74) and twenty-five dollars ($25), respectively25),respectively, previously made by such Persons to the Partnership.

Initial Partnership Distributions. Upon execution of the First Amended and Restated Agreement, the Partnership made (i) a distribution of one million five hundred thousand dollars ($1,500,000) to RainAm Investors, and (ii) a distribution in an amount equal to the Amstar Required Cash Payment to Amstar. In addition, the Partnership returned to the General Partner, CRE Limited Partner, Inc. and Geraxx Gerxxx X. Xxxxxxx xxx xxe initial capital contributions of one dollar ($1), seventy-four dollars ($74) and twenty-five dollars ($25), respectively, previously made by such Persons to the Partnership.