Common use of Partners Capital Contributions Clause in Contracts

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.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Madyson Equity Group, LP), Limited Partnership Agreement (Madyson Equity Group, LP), Limited Partnership Agreement (Madyson Equity Group, LP)

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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 ’s Capital Contribution.

Appears in 1 contract

Samples: Limited Partnership Agreement (Bridgewell Preferred Income Fund, LP)

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