No Interest on Capital. Interest earned on Partnership funds shall inure solely to the benefit of the Partnership, and no interest shall be paid upon any Capital Contributions or upon any undistributed or reinvested income or profits of the Partnership.
Appears in 6 contracts
Samples: Limited Partnership Agreement (LXP Industrial Trust), Limited Partnership Agreement, Limited Partnership Agreement (Lepercq Corporate Income Fund L P)
No Interest on Capital. Interest earned on Partnership funds funds, including contributed capital, shall inure solely to the benefit of the Partnership, Partnership and no interest shall be paid by the Partnership upon any Capital Contributions Contribution to the Partners, or upon on or with respect to the capital accounts attributable to the Interests held by the Partners, or to any Partner on any undistributed or reinvested income or profits gains of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (ET Wayne Finance, L.L.C.), Limited Partnership Agreement (ET Wayne Finance, L.L.C.), Limited Partnership Agreement (ET Wayne Finance, L.L.C.)
No Interest on Capital. Interest earned on Partnership funds shall inure solely to the benefit of the Partnership, and no interest shall be paid upon any Capital Contributions or contributions to the capital of the Partnership nor upon any undistributed or reinvested income or profits of the Partnership.
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No Interest on Capital. Interest earned on Partnership funds shall inure solely to the benefit of the Partnership, Partnership and no interest shall be paid by the Partnership upon any Capital Contributions to the Partnership attributable to the Interests held by the Partners, or upon to any Partner on any undistributed or reinvested income or profits Profits of the Partnership, except as otherwise expressly required herein.
Appears in 1 contract
Samples: Limited Partnership Agreement (Prentiss Properties Trust/Md)
No Interest on Capital. Interest earned on Partnership funds shall inure solely to the benefit of the Partnership, and no . No interest shall be paid upon any Capital Contributions or to the Partnership nor upon any undistributed or reinvested income or profits of the Partnership.
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