Common use of No Capital Account Restoration Clause in Contracts

No Capital Account Restoration. No Partner shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Partnership.

Appears in 50 contracts

Samples: Limited Partnership Agreement (Brookfield Renewable Partners L.P.), Limited Partnership Agreement (Brookfield Business Partners L.P.), Limited Partnership Agreement

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No Capital Account Restoration. No Partner shall have any obligation to restore any negative balance in its Capital Account upon dissolution or liquidation of the PartnershipPartnership or otherwise.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Ensource Energy Income Fund LP), Limited Partnership Agreement (Ensource Energy Income Fund LP), Limited Partnership Agreement (Ensource Energy Income Fund LP)

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No Capital Account Restoration. β€Œ No Partner shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

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