Common use of Interest on and Return of Capital Clause in Contracts

Interest on and Return of Capital. (a) No Partner shall be entitled to any interest on its Capital Account or on its Capital Contributions to the Partnership. (b) Except as expressly provided for in this Agreement, no Partner shall have the right to demand or to receive the return of all or any part of its Capital Contributions to the Partnership and there shall be no priority of one Partner over another Partner as to the return of Capital Contributions or withdrawals or distributions of Profits and Losses. No Partner shall have the right to demand or receive property other than cash in return for the contributions of such Partner to the Partnership.

Appears in 10 contracts

Samples: Limited Partnership Agreement (Hines Real Estate Investment Trust Inc), Limited Partnership Agreement (Hines Real Estate Investment Trust Inc), Limited Partnership Agreement (Hines Real Estate Investment Trust Inc)

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Interest on and Return of Capital. (a) A. No Partner shall be entitled to any interest on its Capital Account or on its Capital Contributions to the Partnership. (b) B. Except as expressly provided for in this Agreement, no Partner shall have the right to demand or to receive the return of all or any part of its Capital Contributions to the Partnership and there shall be no priority of one Partner over another Partner as to the return of Capital Contributions capital contributions or withdrawals or distributions of Profits profits and Losseslosses. No Partner shall have the right to demand or receive property other than cash in return for the contributions of such Partner to the Partnership.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Hines Real Estate Investment Trust Inc), Limited Partnership Agreement (Hines Real Estate Investment Trust Inc), Limited Partnership Agreement (Hartman Commercial Properties Reit)

Interest on and Return of Capital. (a) A. No Partner shall be entitled to any interest on its Capital Account or on its Capital Contributions contributions to the capital of the Partnership. (b) B. Except as expressly provided for in this Agreement, no Partner shall have the right to demand or to receive the return of all or any part of its Capital Contributions his capital contributions to the Partnership and there shall be no priority of one Partner over another Partner the other as to the return of Capital Contributions capital contributions or withdrawals or distributions of Profits profits and Losseslosses. No Partner shall have the right to demand or receive property other than cash in return for the contributions of such Partner to the Partnership.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Erp Operating LTD Partnership), Limited Partnership Agreement (Equity Residential), Limited Partnership Agreement (Ventas Inc)

Interest on and Return of Capital. (a) A. No Partner shall be entitled to any interest on its Capital Account or on its Capital Contributions contributions to the capital of the Partnership. (b) B. Except as expressly provided for in this Agreement, no not Partner shall have the right to demand or to receive the return of all or any part of its Capital Contributions his capital contributions to the Partnership and there shall be no priority of one Partner over another Partner the other as to the return of Capital Contributions capital contributions or withdrawals or distributions of Profits profits and Losseslosses. No Partner shall have the right to demand or receive property other than cash in return for the contributions of such Partner to the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Acadia Realty Trust), Limited Partnership Agreement (Acadia Realty Trust)

Interest on and Return of Capital. (a) No Except as provided in Section --------------------------------- VI.C. below, no Partner shall be entitled to any interest on his, her or its Capital Account capital account or on his, her or its Capital Contributions contributions to the capital of the Partnership. (b) Except as expressly provided for in this Agreement, and no Partner shall have the right to demand or to receive the return of all or any part of his, her or its Capital Contributions to capital account in the Partnership and there shall be no priority of one Partner over another Partner as to the return of Capital Contributions or withdrawals or distributions of Profits and LossesPartnership. No Partner shall have the right to demand or receive property other than cash in return for the contributions contribution of such Partner to the Partnership.

Appears in 2 contracts

Samples: Partnership Agreement (Cbre Holding Inc), Partnership Agreement (Cbre Holding Inc)

Interest on and Return of Capital. (a) No Partner shall be entitled to any interest on its Capital Account or on its Capital Contributions contributions to the capital of the Partnership. (b) Except as expressly provided for in this Agreement, no Partner shall have the right to demand or to receive the return of all or any part of its his Capital Contributions to the Partnership and there shall be no priority of one Partner over another Partner the other as to the return of Capital Contributions or withdrawals or distributions of Profits as to distributions, profits and Losseslosses. No Partner shall have the right to demand or receive property other than cash in return for the contributions of such Partner to the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Glimcher Realty Trust)

Interest on and Return of Capital. (a) A. No Partner shall be entitled to any interest on its Capital Account or on its Capital Contributions contributions to the capital of the Partnership. (b) B. Except as expressly provided for in this Agreement, no Partner shall have the right to demand or to receive the return of all or any part of its his Capital Contributions to the Partnership and there shall be no priority of one Partner over another Partner the other as to the return of Capital Contributions or withdrawals or distributions of Profits and Lossesprofits. No Partner shall have the right to demand or receive property other than cash in return for the contributions Capital Contributions of such Partner to the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Manufactured Home Communities Inc)

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Interest on and Return of Capital. (a) A. No Partner shall be entitled to any interest on its Capital Account or on its Capital Contributions to the Partnership. (b) B. Except as expressly provided for in this Agreement, no Partner shall have the right to demand or to receive the return of all or any part of its his Capital Contributions to the Partnership and there shall be no priority of one Partner over another Partner the other as to the return of Capital Contributions capital contributions or withdrawals or distributions of Profits profits and Losseslosses. No Partner shall have the right to demand or receive property other than cash in return for the contributions of such Partner to the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Palace Reit)

Interest on and Return of Capital. (a) No Partner shall will be entitled to any interest on its Capital Account capital account or on its Capital Contributions contributions to the capital of the Partnership. (b) . Except as expressly provided for in this Agreement, no Partner shall will have the right to demand or to receive the return of all or any part of its Capital Contributions capital or to the Partnership and there shall be no priority of one Partner over another Partner as to the return of Capital Contributions or withdrawals or distributions of Profits and Losses. No Partner shall have the right to demand or receive property other than cash in return for the contributions of such Partner to from the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (2420 Lakemont Avenue MM, LLC)

Interest on and Return of Capital. (a) A. No Partner shall be entitled to any interest on its Capital Account or on its Capital Contributions to the Partnership. (b) B. Except as expressly provided for in this Agreement, no Partner shall have the right to demand or to receive the return of all or any part of its Capital Contributions to the Partnership and there shall be no priority of one Partner over another Partner the other as to the return of Capital Contributions or withdrawals or distributions of Profits and Losses. No Partner shall have the right to demand or receive property other than cash in return for the contributions Capital Contributions of such Partner to the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Chastain Capital Corp)

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