Common use of No Interest Payable on Accounts Clause in Contracts

No Interest Payable on Accounts. No Partner has the right to receive interest on any credit balance in its Capital Contribution Balance, and no Partner is liable to pay interest to the Partnership on any deficit in its Capital Contribution Balance.

Appears in 15 contracts

Samples: Limited Partnership Agreement (Golden Credit Card Trust), Limited Partnership Agreement, Limited Partnership Agreement

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No Interest Payable on Accounts. β€Œ No Partner has the right to receive interest on any credit balance in its Capital Contribution Balance, and no Partner is liable to pay interest to the Partnership on any deficit in its Capital Contribution Balance.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

No Interest Payable on Accounts. No Partner has the right to receive interest on any credit balance in its Capital Contribution Balance, any such capital accounts maintained on the books of the Partnership and no Partner is liable to pay interest to the Partnership on any deficit in its Capital Contribution Balanceany such capital accounts maintained on the books of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Kinder Morgan Canada LTD)

No Interest Payable on Accounts. No Partner has will have the right to receive interest on any credit balance in its Capital Contribution Balance, and no Account. No Partner is shall be liable to pay interest to the Partnership on any deficit capital returned to such Partner or on any negative balance in its Capital Contribution BalanceAccount.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cendant Corp), Limited Partnership Agreement (Vanguard Car Rental Group Inc.)

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No Interest Payable on Accounts. No Partner has will have the right to receive interest on any credit balance in its the Capital Contribution Balance, and no Accounts or any credit balance in the Current Accounts except as expressly provided in this Agreement. No Partner is shall be liable to pay interest to the Partnership on any deficit in its Capital Contribution Balancereturned to such Partner or on any authorized negative balance of Capital or any authorized negative balance on the Current Accounts.

Appears in 1 contract

Samples: Limited Partnership Agreement

No Interest Payable on Accounts. No Partner has will have the right to receive interest on any credit balance in its the Capital Contribution Balance, and no Accounts except as expressly provided in this Agreement. No Partner is shall be liable to pay interest to the Partnership on any deficit Capital returned to such Partner or on any negative balance of Capital or any negative balance in its Capital Contribution Balancethe capital accounts.

Appears in 1 contract

Samples: Limited Partnership Agreement

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