Common use of ONE PERCENT INTEREST OF GENERAL PARTNERS Clause in Contracts

ONE PERCENT INTEREST OF GENERAL PARTNERS. Notwithstanding anything to the contrary that may be expressed or implied in this Agreement, the interests of all of the General Partners, taken together, in each item of Partnership income, gain, loss, deduction, or credit will be equal to at least one percent (1%) of each of those items at all times during the existence of the Partnership. In determining the interests of the General Partners in those items, any Limited Partner Interests owned by the General Partners shall not be taken into account.

ONE PERCENT INTEREST OF GENERAL PARTNERS. Notwithstanding anything to the contrary that may be expressed or implied in this Agreement, the interests of all of In no event shall the General Partners, taken together, ' interests in each item of Partnership income, gain, loss, deduction, deduction or credit will be equal to at least less than one percent (1%) of each of those items such item at all times during the existence of the Partnership. In determining the interests of For this purpose, Units held by the General Partners in those items, any as Limited Partner Interests owned by the General Partners shall not be taken into account.

ONE PERCENT INTEREST OF GENERAL PARTNERS. Notwithstanding anything to the contrary that may be expressed or implied in this Agreement, the interests of all of the General Partners, taken together, in each item of Partnership income, gain, loss, deduction, or ro credit will be equal to at least one percent (1%) of each of those items at all times during the existence of the Partnership. In determining the interests of the General Partners in those items, any Limited Partner Interests owned by the General Partners shall not be taken into account.

ONE PERCENT INTEREST OF GENERAL PARTNERS. Notwithstanding anything to the contrary that may be expressed or implied in this Agreement, the interests of all of the General Partners, taken together, in each item of Partnership income, gain, loss, deduction, or credit will be equal to at least one percent (1%) of each of those items at all ______ times during the existence of the Partnership. In determining the interests of the General Partners in those items, any Limited Partner Interests owned by the General Partners shall not be taken into account.