Common use of Other Matters Relating to Capital Contributions Clause in Contracts

Other Matters Relating to Capital Contributions. A. Except as otherwise provided by the terms of this Agreement, no Partner shall be entitled to withdraw, or to a return of, any part of its Capital Contribution, or to receive property or assets other than cash in return thereof, and the General Partner shall not be liable to the Limited Partners for a return of their Capital Contributions. B. No Partner shall be entitled to priority over any other Partner, either with respect to a return of his Capital Contribution, or to allocations of taxable income, gains, losses or credits, or to distributions, except as provided in this Agreement. C. No interest shall be paid on Capital Contributions. D. No Partner shall be obligated to make any further Capital Contribution to the Partnership.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Carlyle Real Estate LTD Partnership Xiv /Il/), Limited Partnership Agreement (Metropolis Realty Trust Inc), Limited Partnership Agreement (JMB Manhattan Associates LTD)

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Other Matters Relating to Capital Contributions. A. Except as otherwise provided by the terms of this Agreement, no Partner shall be entitled to withdraw, or to a return of, any part of its Capital Contribution, or to receive property or assets other than cash in return thereof, and the General Partner shall not be liable to the Limited Partners for a return of their Capital Contributions. B. No Partner shall be entitled to priority over any other Partner, either with respect to a return of his Capital Contribution, or to allocations of taxable income, gains, losses or credits, or to distributions, except as provided in this Agreement. C. No interest Interest shall be paid on Capital Contributions. D. No Partner shall be obligated to make any further Capital Contribution to the Partnership.

Appears in 3 contracts

Samples: Limited Partnership Agreement (JMB Manhattan Associates LTD), Limited Partnership Agreement (Carlyle Real Estate LTD Partnership Xiii), Limited Partnership Agreement (Carlyle Real Estate LTD Partnership Xiv /Il/)

Other Matters Relating to Capital Contributions. A. Except as otherwise provided by the terms of this Agreement, no Partner shall be entitled to withdraw, or to a return of, any part of its Capital Contribution, or to receive property or assets other than cash in return thereof, and the General Partner shall not be liable to the Limited Partners Partner for a return of their its Capital Contributions. B. No Partner shall be entitled to priority over any other Partner, either with respect to a return of his Capital Contribution, or to allocations of taxable income, gains, losses or credits, or to distributions, except as provided in this Agreement. C. No interest shall be paid on Capital Contributions. D. No Partner shall be obligated to make any further Capital Contribution to the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Metropolis Realty Trust Inc), Limited Partnership Agreement (Metropolis Realty Trust Inc)

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Other Matters Relating to Capital Contributions. A. Except as otherwise provided by the terms of this Agreement, no Partner shall be entitled to withdraw, or to a return of, any part of its Capital Contribution, or to receive property or assets other than cash in return thereof, and the General Partner shall not be liable to the Limited Partners for a return of their Capital Contributions. B. No Partner shall be entitled to priority over any other Partner, either with respect to a return of his Capital Contribution, or to allocations of taxable income, gains, losses or credits, or to distributions, except as provided in this Agreement. C. No interest shall be paid on Capital Contributions.. -7- 11764.0001 345760.13 D. No Partner shall be obligated to make any further Capital Contribution to the Partnership.

Appears in 1 contract

Samples: Limited Partnership Agreement (Metropolis Realty Trust Inc)

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