Mandatory Additional Contributions by the General Partner. The General Partner shall make any capital contribution required in connection with the dissolution of the Partnership pursuant to Section 7.3(e). In addition, the General Partner shall make any capital contributions necessary for it to maintain, at all times during the term of the Partnership, a positive Capital Account balance at least equal to the lesser of (i) one percent of the aggregate positive Capital Account balances of the Partners or (ii) $500,000.
Appears in 2 contracts
Samples: Partnership Agreement (St Louis Casino Corp), Partnership Agreement (Switzerland County Development Corp)
Mandatory Additional Contributions by the General Partner. The --------------------------------------------------------- General Partner shall make any capital contribution required in connection with the dissolution of the Partnership pursuant to Section 7.3(e). In addition, the General Partner shall make any capital contributions necessary for it to maintain, at all times during the term of the Partnership, a positive Capital Account balance at least equal to the lesser of (i) one percent of the aggregate positive Capital Account balances of the Partners or (ii) $500,000.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (Hollywood Park Inc/New/), Partnership Agreement (Hollywood Park Fall Operating Co)