Common use of Loans by the Partners Clause in Contracts

Loans by the Partners. Neither the General Partners nor the Limited Partners shall make any loans to the Partnership. No loans or any other financing may be made by or obtained from any General Partner or other sponsor of the Partnership.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Windsor Park Properties 6), Limited Partnership Agreement (Windsor Park Properties 7), Limited Partnership Agreement (Windsor Park Properties 5)

AutoNDA by SimpleDocs

Loans by the Partners. Neither the General Partners nor the Limited Partners shall be required to make any loans to the Partnership. No loans or any other financing may be made by or obtained from any General Partner or other sponsor of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Windsor Park Properties 3), Limited Partnership Agreement (N Tandem Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!