Common use of Liquidation Statement Clause in Contracts

Liquidation Statement. Each of the Partners shall be furnished with a statement prepared or caused to be prepared by the General Partner or other liquidator, which shall set forth the assets and liabilities of the Partnership as of the date of complete liquidation. Upon compliance with the distribution plan as outlined in Sections 15.3 and 15.4, the Limited Partner, the Georgia Limited Partner and the Special Limited Partner shall cease to be such and the General Partner shall execute, acknowledge and cause to be filed those certificates referenced in Section 15.6.

Appears in 3 contracts

Samples: WNC Housing Tax Credit Fund Vi Lp Series 9, WNC Housing Tax Credit Fund Vi Lp Series 10, WNC Housing Tax Credit Fund Vi Lp Series 9

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Liquidation Statement. Each of the Partners shall be furnished with a statement prepared or caused to be prepared by the General Partner or other liquidator, which shall set forth the assets and liabilities of the Partnership as of the date of complete liquidation. Upon compliance with the distribution plan as outlined in Sections 15.3 and Section 15.4, the Limited Partner, the Georgia Limited Partner Partner, and the Special Limited Partner shall cease to be such and the General Partner shall execute, acknowledge and cause to be filed those certificates referenced in Section 15.6.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

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