Limitations on Withdrawal of Capital Account. The right of any withdrawn Partner or his or its legal representatives to have distributed the Capital Account of such Partner pursuant to this Article VI is subject to the provision by the General Partner for all Partnership liabilities in accordance with the Act and for reserves for estimated accrued expenses, liabilities and contingencies all in accordance with Sec.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Nymagic Inc), Limited Partnership Agreement (Nymagic Inc), Limited Partnership Agreement (Nymagic Inc)
Limitations on Withdrawal of Capital Account. The right of any withdrawn Partner or his or its legal representatives to have distributed the Capital Account of such Partner pursuant to this Article VI is subject to the provision by the General Partner for all Partnership liabilities in accordance with section 15666 of the Act and for reserves estimates for estimated accrued contingencies and expenses, liabilities and contingencies all in accordance with Sec. The unused portion of any such estimates shall be distributed after the need therefor shall have ceased.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Tele Communications Inc /Co/), Agreement of Limited Partnership (Tele Communications Inc /Co/), Agreement of Limited Partnership (Tele Communications Inc /Co/)
Limitations on Withdrawal of Capital Account. The right of -------------------------------------------- any withdrawn Withdrawal Partner or his or its such Withdrawal Partner's legal representatives to have distributed the Capital Account of such Partner pursuant to this Article VI IV is subject to the provision by the General Partner for all Partnership liabilities in accordance with the Act and for reserves for contingencies and estimated accrued expenses, liabilities and contingencies expenses all in accordance with SecArticle III hereof.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Southern Union Co), Limited Partnership Agreement (Southern Union Co), Limited Partnership Agreement (Southern Union Co)
Limitations on Withdrawal of Capital Account. The right of any withdrawn Partner or his or its the legal representatives of such Partner to have distributed the such Partner's Capital Account of such Partner pursuant to this Article VI VII is subject to the provision by the General Partner for all Partnership liabilities in accordance with Section 17-607 of the Act Act, and for reserves for estimated accrued expenses, liabilities and contingencies all established by the General Partner in accordance with Secgood faith.
Appears in 1 contract
Samples: Limited Partnership Agreement (Aames Financial Corp/De)
Limitations on Withdrawal of Capital Account. The right of any withdrawn Partner or his or its legal representatives to have distributed the Capital Account of such Partner pursuant to this Article VI Section 2.2 is subject to the provision by the General Partner for all Partnership liabilities in accordance with section 15666 of the Act Act, and for reserves estimates for estimated accrued contingencies and expenses, liabilities and contingencies all in accordance with Sec. The unused portion of any such estimates shall be distributed after the General Partner shall have determined that the need therefor shall have ceased.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Intermedia Capital Partners Iv L P)
Limitations on Withdrawal of Capital Account. The right of any withdrawn Limited Partner or his or its legal representatives to have distributed the Capital Account of such Limited Partner pursuant to this Article VI V is subject to the provision by the General Partner for all Partnership liabilities in accordance with the Act Act, and for reserves for estimated accrued expenses, liabilities and contingencies contingencies, all in accordance with Secas provided herein. The unused portion of any reserve shall be distributed after the General Partner has determined that the need therefor shall have ceased.
Appears in 1 contract
Samples: Limited Partnership Agreement
Limitations on Withdrawal of Capital Account. The right of any withdrawn Partner or his or its legal representatives to have distributed the Capital Account of such Partner pursuant to this Article VI is subject to the reserve described in Section 4.2 and to the provision by the General Partner for all Partnership liabilities in accordance with the Act and for reserves for contingencies and estimated accrued expenses, liabilities and contingencies all expenses in accordance with SecSection 3.8. The unused portion of any reserve shall be distributed, without interest, after the General Partner has determined that the need therefor shall have ceased.
Appears in 1 contract
Samples: Limited Partnership Agreement