Partnership Capital Sample Clauses

Partnership Capital. (a) Except as may be otherwise specifically provided in this Agreement, no Partner shall be paid interest on any Capital Contribution to the Partnership. (b) No Partner shall have the right to withdraw all or any part of its Capital Contribution or to receive any return on any portion of its Capital Contribution, except as may be otherwise specifically provided in this Agreement. (c) Under circumstances involving a return of any Capital Contribution, no Partner shall have the right to receive property other than cash.

Partnership Capital. A. The total capital of the Partnership shall be the aggregate amount of the Capital Contributions of the Partners as provided for herein. B. Except as provided herein, or as otherwise determined by the Managing Partner, no Partner shall be paid interest on any Capital Contribution to the Partnership. C. Except as otherwise provided herein, prior to dissolution of the Partnership, no Partner shall have the right to demand the return of his Capital Contribution. No Partner shall have the right to demand and receive property other than cash in return for his Capital Contribution. D. The General Partners shall have no personal liability for the repayment of the Capital Contribution of any Limited.

Partnership Capital. The assets listed under the names of each of the parties in the Third Schedule shall be transferred by the parties to the Partnership at the Agreed Value on the commencement hereof and shall form the initial capital contribution of each of the Partners to the Partnership 10.1.1 Irrespective of the amount of the Agreed Value of assets transferred to The Partnership the Parties agree that it is their intention, where permissible under Tax Law, to elect that the assets shall be deemed to have been transferred at the Tax Written Down Value thereof in the Accounts of the Transferor and the Parties agree to complete and execute all or any further documents and do all things necessary and provide all required information, to inform the relevant Inspector of Taxes of their joint election, or that may be otherwise necessary to ensure that no balancing charges shall be levied on the Transferor as a result of the transfer of the assets pursuant to This Agreement. 10.1.2 In any case where the agreed value of livestock transferred to the Partnership exceeds the value of that livestock in the accounts of the transferring Partner on the Commencement Date then to the extent permissible by the relevant guidelines published by the Revenue Commissioners, and unless otherwise agreed, the value of that livestock in the accounts of the Partnership shall be adjusted in accordance with the basis specified by the Revenue Commissioners in those guidelines.

Partnership Capital. The capital of the Partnership shall be the amounts contributed by the General Partner and Limited Partners.

Partnership Capital. A. Each Partner's and Investor's Capital Contribution shall be paid in cash on or prior to the date of such Partner's admission to the Partnership or the date of the recognition of the Investor on the books and records of the Partnership. B. Except to the extent of any interest income earned on an Investors Capital Contribution while it is held in escrow, and later distributed to such Investor pursuant to Section 4.5A, no Partner or Investor shall be paid interest on any Capital Contribution. C. Except as otherwise provided in this Agreement, no Partner or Investor shall have the right to withdraw, or receive any return of, his Capital Contribution prior to December 31, 2040. D. Under circumstances requiring a return of any Capital Contribution, no Partner shall have the right to demand or receive property other than cash. E. The Partnership shall initially set aside Working Capital Reserves for contingencies related to ownership of the Properties in an amount equal to at least 3% of the Gross Proceeds of the Offering. If in any fiscal quarter, the General Partner determines that the Working Capital Reserves of the Partnership are in excess of the amount deemed sufficient in connection with the ownership of the Properties and that such Working Capital Reserves may be reduced, the amount of such reduction may be distributed to the Partners and Investors as a portion of the Partnership's Net Cash Flow. Upon the Sale or disposition of a Property, any Working Capital Reserves maintained for such Property may be distributed, in the General Partner's discretion, to Partners and Investors or applied as Working Capital Reserves for other Properties.

Partnership Capital. The First Partner hereby agrees to transfer the following assets to the Partnership and they shall form the First Partner’s contributions to the Partnership capital. Contribution: _____________________________________________ (Specific Cash Contribution) Livestock: _________________________________ (List Livestock or as per Livestock Appendix) Machinery: _____________________________________________________ (List Machinery) Feed Stuff: _____________________________________________________ (List Feed Stuffs) Fertilizer: _____________________________________________________ (List Fertiliser) _______________________________________________________ (List Other) The Second Partner hereby agrees to transfer the following assets to the Partnership and they shall form the Second Partner’s contributions to the Partnership capital. Contribution: _____________________________________________ (Specific Cash Contribution) Livestock: _________________________________ (List Livestock or as per Livestock Appendix) Machinery: _____________________________________________________ (List Machinery) Feed Stuff: _____________________________________________________ (List Feed Stuffs) Fertilizer: ____________________________________________________ (List Fertiliser) ______________________________________________________ (List Other) The Third Partner hereby agrees to transfer the following assets to the Partnership and they shall form the Second Partner’s contributions to the Partnership capital. Contribution: _____________________________________________ (Specific Cash Contribution) Livestock: _________________________________ (List Livestock or as per Livestock Appendix) Machinery: _____________________________________________________ (List Machinery) Feed Stuff: _____________________________________________________ (List Feed Stuffs) Fertilizer: ____________________________________________________ (List Fertiliser) ______________________________________________________ (List Other) PARTNERSHIP BALANCE SHEET AT COMMENCEMENT OF PARTNERSHIP First Partner Second Partner Third Partner € € € Opening Capital Accounts Machinery/Equip (WDV) Capital Revaluation Reserve Machinery/Equip Revaluation

Partnership Capital. As of the date of this Agreement, the Partners have been issued Units and have Funded Commitments in the amounts set forth opposite their names on Schedule 3.1. The Managing General Partner shall record all issuances and redemptions of Units on the books of the Partnership. Except as specifically provided in this Agreement or any Subscription Agreement, no Partner (including the Managing General Partner and the Non-Managing General Partner) shall be required to, and no Limited Partner shall have the right to, contribute additional funds or other property to the Partnership. The Partnership may from time to time incur Indebtedness in accordance with Section 3.6 and issue additional Units in accordance with Sections 3.2 and 3.7.

Partnership Capital. 6.1. The capital of the Partnership ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . 6.2. Undrawn profit shall not ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . 6.3. [Each of the Partners shall be entitled to interest at the rate of [5 ] % ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ].

Partnership Capital. A. No Partner shall be paid interest on any Capital Contribution to the Partnership or on such Partner's Capital Account, notwithstanding any disproportion therein as between Partners. B. Except as provided in Sections 3.4, 6.1 and 9.2 of this Agreement, neither the General Partner nor any Unit Holder shall have the right to withdraw from the Partnership or to withdraw or receive any return of its Capital Contribution. Under circumstances involving a return of any Capital Contribution, no Unit Holder shall have priority over any other Unit Holder nor shall any Unit Holder have the right to receive any property other than cash, except as may otherwise be provided in this Agreement.

Partnership Capital. You may decide on some other arrangement here, but this simple proposal is ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .