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.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Geodyne Energy Income LTD Partnership Iii-G), Limited Partnership Agreement (Geodyne Energy Income LTD Partnership Iii-G), Limited Partnership Agreement (Geodyne Energy Income LTD Partnership Iii-G)
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 3.43.3, 6.1 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.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Geodyne Institutional Pension Energy Inc LTD Partnership P-7), Limited Partnership Agreement (Geodyne Institutional Pension Energy Inc LTD Partnership P-7)
Partnership Capital. A. No Partner shall be paid interest on any Capital Contribution 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.
Appears in 1 contract
Samples: Limited Partnership Agreement (Geodyne Energy Income LTD Partnership Iii-G)
