Partners Capital Contributions. The Partners will contribute capital to the Partnership: (Check one) Within day(s) of the Effective Date ☐ On or before , 20 The Partners' cash contribution will be: • [Partner], $ • [Partner], $ • [Partner], $ • [Partner], $ The Partners' non-cash contribution and the value of the non-cash contribution will be: • [Partner] • [Partner] • [Partner] • [Partner]
Partners Capital Contributions. Each Partner shall contribute the amount set forth for such Partner on the books and records of the Partnership as his, her or its Capital Contribution. Said amount shall be credited to the Partners' respective Capital Accounts upon the date of contribution. No Limited Partner shall be deemed admitted into the Partnership, unless such Limited Partner has fully funded such Limited Partner's Capital Contribution.
Partners Capital Contributions. 2.1 Percentage Interests; Preservation of Percentages of Interests Held as General Partners and as Limited Partners. The initial Percentage Interest of each Partner as of the date of this Agreement is set forth on Schedule 2.1 and represents the sum of the "General Partner Percentage Interest" and "Limited Partner Percentage Interest" of such Partner as set forth in such Schedule 2.1. Except as expressly provided in this Agreement, or as may result from a Transfer of Interests required or permitted by this Agreement, the Percentage Interest of a Partner shall not be subject to increase or decrease without such Partner's prior consent. For purposes of this Agreement, each Partner is treated as though it holds a single Interest, even though such Partner (unless and until it becomes an Exclusive Limited Partner) holds ninety-nine percent (99.0%) of its Interest as a General Partner and one percent (1.0%) of its Interest as a Limited Partner. Each Partner, unless and until it becomes an Exclusive Limited Partner, will hold ninety-nine percent (99.0%) of its Interest as a General -30- 38 Partner and one percent (1.0%) of its Interest as a Limited Partner and the amount of any Capital Contributions made by a Partner pursuant to Section 2 and any allocations and distributions to a Partner pursuant to Section 3 or Section 4 shall, except as otherwise provided therein, be allocated ninety-nine percent (99.0%) to the Interest held by the Partner as a General Partner and one percent (1.0%) to the Interest held by the Partner as a Limited Partner. In the event that a Partner Transfers all or any portion of its Interest pursuant to this Agreement, ninety-nine percent (99.0%) of the aggregate Interest so acquired by any Person shall be treated as attributable to the Interest held by the transferring Partner as a General Partner and one percent (1.0%) of the aggregate Interest so acquired shall be treated as attributable to the Interest held by the transferring Partner as a Limited Partner. In the event that the Interest of a Partner is otherwise increased or decreased pursuant to this Agreement, the amount of the increase or decrease, as the case may be, shall be allocated ninety-nine percent (99.0%) to the Interest held by such Partner as a General Partner and one percent (1.0%) to the Interest held by such Partner as a Limited Partner.
Partners Capital Contributions. The Partners will contribute capital to the Partnership. The cash contribution of the Partners will be as follows:
Partners Capital Contributions. The Partners will contribute capital to the Partnership: (Check one) ☐ Within __________ day(s) of the Effective Date ☐ On or before ____________________, 20______ The Partners' cash contribution will be: ________________________ [Partner], $/AED/SR/Euro_______________ ________________________ [Partner], $ AED/SR/Euro _______________ ________________________ [Partner], $ AED/SR/Euro _______________ ________________________ [Partner], $ AED/SR/Euro _______________ The Partners' non-cash contribution and the value of the non-cash contribution will be: ________________________ [Partner] ________________________________[Description], $ AED/SR/Euro _______________ ________________________ [Partner] ________________________________ [Description], $ AED/SR/Euro _______________ ________________________ [Partner] ________________________________ [Description], $ AED/SR/Euro _______________ ________________________ [Partner] ________________________________[Description], $ AED/SR/Euro _______________
Partners Capital Contributions. Maintenance of Capital Accounts 5 2.2 General Partner 6 2.3 Limited Partners 6 2.4 Other Matters 6 2.5 Additional Contributions 7 2.6 Failure to Make Additional Capital Contributions 7
Partners Capital Contributions. AND FINANCING
Partners Capital Contributions. Capital Commitments. The Limited Partners and the General Partner commit to make capital contributions to the Partnership in the amounts set forth by their respective names on the signature pages of this Agreement (and its counterparts) executed by each such Partner. Capital Contributions by Limited Partners. Each Limited Partner will pay as its initial capital contribution to the Partnership, an amount equal to _______ percent (__%) of the Limited Partner's Commitment. The initial capital contribution will be made on the date of formation of the Partnership or on such other date as determined by the General Partner in its sole discretion. The General Partner will give the Limited Partners written notice of the amount and due date of the initial capital contribution. Such notice shall be given at least _____ (__) days before the date on which such capital contribution is due.30 After the date of the initial capital contribution, the Limited Partners will pay the remaining balance of their Commitments in such amounts and at such times as will be determined by the General Partner in its sole discretion. The General Partner will give the Limited Partners notice before each such payment is due. Each such notice will be given not more than ______ (__) nor less than ______ (__) days before the payment to which such notice relates is due, and will specify the date the payment will be due and the percentage of the Limited Partners' Commitments then due. Capital Contributions by the General Partner. The General Partner must pay its Commitment in installments at the same times and in the same percentage amounts as the Limited Partners. If the Commitment of the General Partner is increased as a result of an increase in the Commitment of the Limited Partners or the admission of any Additional Limited Partner, the amount of the increased Commitment will be payable by the General Partner in installments, the first of which will be due upon the effectiveness of the increased Commitment and each subsequent installment will be due at the same times and in the same percentage amounts as the Limited Partners.32 When the Partnership is liquidated, the General Partner will contribute to the Partnership within the time period provided in Treasury Regulation § 1.704-(1)(b)(2)(ii)(b)(3) an amount equal to any deficit balance in its Capital Account after giving effect to its contribution of its Commitment as provided in Section 5.3(a) and (a).33
Partners Capital Contributions. 3.1 Capital Contributions of the Partners. Each Partner has made the initial Capital Contributions set forth in Exhibit A attached hereto and any subsequent Capital Contributions shall be reflected in the books and records of the Partnership. No Partner shall be obligated to make any additional Capital Contributions. Each Partner shall establish and maintain a Capital Account with respect to the Partnership.
Partners Capital Contributions. Section 5.01 Capital Commitments; Additional Limited Partners 23 Section 5.02 Capital Contributions by Private Limited Partners 23 Section 5.03 Capital Contributions by the General Partner 25 Section 5.04 [RESERVED] 25 Section 5.05 Conditions to the Commitments of the General Partner and the Private Limited Partners 25 Section 5.06 Termination of the Obligation to Contribute Capital 26 Section 5.07 Notice and Opinion of Counsel 26 Section 5.08 Cure, Termination of Capital Contributions and Withdrawal 26 Section 5.09 Failure to Make Required Capital Contributions 27 Section 5.10 Notice and Consent of SBA with respect to Capital Contribution Defaults 27 Section 5.11 Interest on Overdue Contributions 28 Section 5.12 Termination of a Private Limited Partner’s Right to Make Further Capital Contributions 28 Section 5.13 Withholding and Application of a Private Limited Partner’s Distributions 28
