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 made in such a plan 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.
Sample 1
Limited Partners’ Contributions. Cowtown Pipeline Funding, Inc. shall initially contribute $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. 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. 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. (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. (b) Limited Partners cannot be required to make additional contributions to the Partnership or to lend funds to the Partnership, and no Limited Partner shall be liable for any additional assessment therefor. (c) A subscription fee not to exceed 8% of the value of securities and cash contributed may be paid by the Partnership as sales charges, including commissions to Soliciting Dealers and the Dealer Manager(s) and organizational expenses; and if so paid, shall be charged to the subscribing Partner's account, except that no subscription fee shall be charged upon the sale of interests in the Partnership to those persons exempted therefrom by the 1940 Act, including without limitation, General Partners of the Partnership, directors and officers of the investment advisor and full-time employees of such entities.
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
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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

Related to Limited Partners’ Contributions

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

  • Members Capital Contributions a) Single-Member Capital Contributions (Applies ONLY if Single-Member): The Member may make such capital contributions (each a “Capital Contribution”) in such amounts and at such times as the Member shall determine. The Member shall not be obligated to make any Capital Contributions. The Member may take distributions of the capital from time to time in accordance with the limitations imposed by the Statutes. b) Multi-Member (Applies ONLY if Multi-Member): The Members have contributed the following capital amounts to the Company as set forth below and are not obligated to make any additional capital contributions:

  • Capital Contributions of the Partners (a) The General Partner and Initial Limited Partner have made the Capital Contributions as set forth in Exhibit A to this Agreement. (b) To the extent the Partnership acquires any property by the merger of any other Person into the Partnership or the contribution of assets by any other Person, Persons who receive Partnership Interests in exchange for their interests in the Person merging into or contributing assets to the Partnership shall become Partners and shall be deemed to have made Capital Contributions as provided in the applicable merger agreement or contribution agreement and as set forth in Exhibit A, as amended to reflect such deemed Capital Contributions. (c) Each Partner shall own Partnership Units in the amounts set forth for such Partner in Exhibit A and shall have a Percentage Interest in the Partnership as set forth in Exhibit A, which Percentage Interest shall be adjusted in Exhibit A from time to time by the General Partner to the extent necessary to reflect accurately exchanges, additional Capital Contributions, the issuance of additional Partnership Units or similar events having an effect on any Partner’s Percentage Interest. (d) The number of Partnership Units held by the General Partner, in its capacity as general partner, shall be deemed to be the General Partner Interest. (e) Except as provided in Sections 4.2 and 10.5, the Partners shall have no obligation to make any additional Capital Contributions or provide any additional funding to the Partnership (whether in the form of loans, repayments of loans or otherwise) and no Partner shall have any obligation to restore any deficit that may exist in its Capital Account, either upon a liquidation of the Partnership or otherwise.

  • 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 The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.

  • 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, whether at law or in equity, against the Partnership or any Partner. B. A transferee who has been admitted as a Substituted Limited Partner in accordance with this Article 11 shall have all the rights and powers and be subject to all the restrictions and liabilities of a Limited Partner under this Agreement. The admission of any transferee as a Substituted Limited Partner shall be subject to the transferee executing and delivering to the General Partner an acceptance of all of the terms and conditions of this Agreement (including without limitation, the provisions of Section 2.4 and such other documents or instruments as may be required to effect the admission), each in form and substance satisfactory to the General Partner) and the acknowledgment by such transferee that each of the representations and warranties set forth in Section 3.4 are true and correct with respect to such transferee as of the date of the transfer of the Partnership Interest to such transferee and will continue to be true to the extent required by such representations and warranties. C. Upon the admission of a Substituted Limited Partner, the General Partner shall amend Exhibit A to reflect the name, address, number of OP Units, and Percentage Interest of such Substituted Limited Partner and to eliminate or adjust, if necessary, the name, address and interest of the predecessor of such Substituted Limited Partner.

  • Member Capital Contributions (Check One)

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