Common use of Liquidation Statement Clause in Contracts

Liquidation Statement. Each of the Partners shall be furnished --------------------- with a statement prepared by the Partnership, which shall set forth the assets and liabilities of the Partnership as of the date of complete liquidation. Upon the Partnership complying with the foregoing distribution plan, the Partners shall cease to be such and the Managing Partner may execute, acknowledge and cause to be filed and recorded a certificate of cancellation of the Partnership or other appropriate documents evidencing its dissolution and winding up.

Liquidation Statement. Each of the Partners shall be furnished --------------------- with a statement prepared or caused to be prepared by the PartnershipGeneral Partners, which shall set forth the assets and liabilities of the Partnership as of the date of complete liquidation. Upon the Partnership complying compliance with the foregoing distribution plan, the Limited Partners shall cease to be such such, and the Managing Partner may General Partners, as the sole remaining Partners of the Partnership, shall execute, acknowledge and cause to be filed and recorded a certificate Certificate of cancellation Cancellation of the Partnership or other appropriate documents evidencing its dissolution and winding upPartnership.