Limited Partners’ Contributions Sample Clauses

Limited Partners’ Contributions. The Partnership may issue one Unit per $1,000 of Capital Contributions made to the Partnership by a Limited Partner in conformity with the terms of a Subscription Agreement executed by such Limited Partner and the General Partner on behalf of the Partnership. Capital Contributions made by a Limited Partner shall be made to the Partnership in cash, check, or by wire transfer of other immediately available funds, in each case in U.S. Dollars.
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Limited Partners’ Contributions. Interests in the Partnership, other than the General Partner’s general partnership interest, shall be limited partnership interests. Each Limited Partner shall initially contribute at least $25,000 to the capital of the Partnership, provided that each Limited Partner that is an “employee benefit plan” defined in, but whether or not subject to, the Employee Retirement Income Security Act of 1974, as amended; a “plan” as defined in Section 4975 of the Code; or an entity that holds “plan assets” due to investment by such a plan in the entity may contribute a lesser amount, but at least $10,000, to the capital of the Partnership. The General Partner shall have the sole discretion to accept or reject any subscription for any reason and/or to allow initial subscriptions of lower amounts. The aggregate of all contributions shall be available to the Partnership to carry on its business. All subscriptions for limited partnership interests must be on the form of subscription agreement provided in the then current Offering Memorandum. Subscriptions for limited partnership interests must be paid in full upon execution of a subscription agreement.
Sample 1
Limited Partners’ Contributions. Cowtown Pipeline Funding, Inc. initially contributed $990.00 to the capital of the Partnership. In exchange for this contribution, the initial Limited Partner will have the Percentage Interest in the Partnership set forth in paragraph 10.02 of this Agreement.
Sample 1
Limited Partners’ Contributions. Each Limited Partner holding Class A Units shall contribute to the capital of the Partnership the sum of $2,500.00 for each Class A Unit held by such Limited Partner. Each Limited Partner holding Class B Units shall immediately upon subscribing for such Units contribute to the capital of the Partnership the sum of $1.00 for each Class B Unit held by such Limited Partner. Each Limited Partner holding Class C Units shall contribute to the capital of the Partnership the sum of $2,500.00 for each Class C Unit held by such Limited Partner.
Sample 1
Limited Partners’ Contributions. Interests in the Partnership, other than the General Partner's general partnership interest, shall be limited partnership interests. The General Partner may from time to time, on behalf of the Partnership, issue and sell limited partnership interests. Each Limited Partner shall contribute at least $10,000 to the capital of the Partnership. The General Partner shall have the sole discretion to accept or reject any subscription for any reason. The aggregate of all contributions shall be available to the Partnership to carry on its business. All subscriptions for limited partnership interests must be on the form of subscription agreement provided in the then current Offering Memorandum. Subscriptions for limited partnership interests must be paid in full upon execution of a subscription agreement. Interests in the Partnership, other than the General Partner's general partnership interest, shall be limited partnership interests.
Sample 1
Limited Partners’ Contributions. Interests in the Partnership, other than the General Partner’s general partnership interest, shall be limited partnership interests. The General Partner may from time to time, on behalf of the Partnership, issue and sell limited partnership interests. Each Limited Partner shall initially contribute at least $25,000 to the capital of the Partnership, provided that each Limited Partner that is an “employee benefit plan” defined in, but whether or not subject to, the Employee Retirement Income Security Act of 1974, as amended; a “plan” as defined in Section 4975 of the Code; or an entity that holds “plan assets” due to investment by such a plan in the entity may contribute a lesser amount, but at least $10,000, to the capital of the Partnership. The General Partner shall have the sole discretion to accept or reject any subscription for any reason. The aggregate of all contributions shall be available to the Partnership to carry on its business. All subscriptions for limited partnership interests must be on the form of subscription agreement provided in the then current Offering Memorandum. Subscriptions for limited partnership interests must be paid in full upon execution of a subscription agreement. Interests in the Partnership, other than the General Partner’s general partnership interest, shall be limited partnership interests.
Sample 1
Limited Partners’ Contributions. The Limited Partner shall contribute to the capital of the Partnership the sum of Nine Thousand Nine Hundred Dollars ($9,700) in exchange for a Partnership Interest equal to ninety-seven percent (97%).
Sample 1
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Limited Partners’ Contributions. (a) The original Limited Partner has purchased the number of Shares of the Partnership set forth on Schedule "A" to this Certificate and Agreement (which Schedule is incorporated herein by this reference) and has contributed $25 (net of applicable sales charges) in cash and/or securities to the Partnership for each such Share purchased. Each Additional Limited Partner shall purchase, pursuant to the initial public offering of the Partnership's Shares, the number of Shares, which shall be set forth on an amendment to Schedule "A" and shall contribute $25 (not of applicable sales charges) in cash and/or securities to the Partnership for each such Share purchased.
Sample 1

Related to Limited Partners’ Contributions

  • Contributions by Initial Limited Partners (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall contribute cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each Underwriter, all as set forth in the Underwriting Agreement.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

  • Capital Contributions of the Partners (a) The Partners have made the Capital Contributions as set forth in Exhibit A.

  • Partnership Funds Pending application or distribution, the funds of the Partnership shall be deposited in such bank account or accounts, or invested in such interest-bearing or non-interest bearing investment, including, without limitation, checking and savings accounts, certificates of deposit and time or demand deposits in commercial banks, U.S. government securities and securities guaranteed by U.S. government agencies as shall be designed by the General Partner. Such funds shall not be commingled with funds of any other Person. Withdrawals therefrom shall be made upon such signatures as the General Partner may designate.

  • Initial Capital Contributions (a) The Partners have made, on or prior to the date hereof, Capital Contributions and, in exchange, the Partnership has issued to the Partners the number of Class A Units as specified in the books and records of the Partnership.

  • General Partner Gross Income Allocation After giving effect to the special allocations in paragraph 2 but prior to any allocations under subparagraphs 1(a) or 1(b), there shall be specially allocated to the General Partner an amount of (i) first, items of Partnership income and (ii) second, items of Partnership gain during each fiscal year or other applicable period in an amount equal to the excess, if any, of (A) the cumulative distributions made to the General Partner under Section 7.3(b) of the Agreement, other than distributions which would properly be treated as “guaranteed payments” or which are attributable to the reimbursement of expenses which would properly be either deductible by the Partnership or added to the tax basis of any Partnership asset, over (B) the cumulative allocations of Partnership income and gain to the General Partner under this subparagraph 1(c)(i).

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Additional Limited Partners Subject to the other terms of this Agreement, the rights and obligations of an Additional Limited Partner to which Units are issued shall be set forth in such Additional Limited Partner’s Partner Agreement, the Unit Designation relating to the Units issued to such Additional Limited Partner or a written document thereafter attached to and made an exhibit to this Agreement, which exhibit shall be an amendment to this Agreement (but shall not require the approval of any Limited Partner) and shall be incorporated herein by this reference. Such rights and obligations may include, without limitation, provisions describing the vesting of the Units issued to such Additional Limited Partner and the reallocation of such Units or other consequences of the Withdrawal of such Additional Limited Partner other than due to a breach of any of the covenants in Section 2.13(b) or, if applicable, any of those provided in such Additional Limited Partner’s Partner Agreement.

  • Substituted Limited Partners A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action against the Partnership or any Partner.

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