Common use of No Compensation; Reimbursement Clause in Contracts

No Compensation; Reimbursement. (a) Except as expressly provided herein, the General Partners, members of the Management Committee and officers shall receive no compensation for performing their duties as General Partners, members of the Management Committee or officers under this Agreement; provided, however, that this provision shall not affect any Partners' right to receive its share of distributions as set forth in Article V hereof. (b) Subject to the limitation, if any, imposed by the Project Loan Documents and subject to subsection 6.2(u), each General Partner shall be entitled to receive, out of any Partnership funds available therefor, reimbursement of all amounts expended by such General Partner in payment of properly incurred and documented Partnership obligations paid by such General Partner out of its own funds so long as such expenditures are made in accordance with the Budgets.

No Compensation; Reimbursement. (a) Except as expressly provided herein, the General Partners, members of the Management Committee and officers shall receive no compensation for performing their duties as General Partners, members of the Management Committee or officers under this Agreement; provided, however, that this provision shall not affect any Partners' right to receive its share of distributions as set forth in Article V hereof. (b) Subject to the limitation, if any, imposed by the Project Loan Documents Agreement and subject to subsection 6.2(u), each General Partner shall be entitled to receive, out of any Partnership funds available therefor, reimbursement of all amounts expended by such General Partner in payment of properly incurred and documented Partnership obligations paid by such General Partner out of its own funds so long as such expenditures are made in accordance with the BudgetsOperating Budget.

No Compensation; Reimbursement. (a) Except as expressly provided herein, the General Partners, members of the Management Committee and officers shall receive no compensation for performing their duties as General Partners, members of the Management Committee or officers under this Agreement; provided, however, that this provision shall not affect any Partners' right to receive its share of distributions as set forth in Article V hereof. (b) . Subject to the limitation, if any, imposed by the Project Loan Documents and subject to subsection 6.2(u), each General Partner shall be entitled to receive, out of any Partnership funds available therefor, reimbursement of all amounts expended by such General Partner in payment of properly incurred and documented Partnership obligations paid by such General Partner out of its own funds so long as such expenditures are made in accordance with the Budgets.