Common use of Reduction of capital Clause in Contracts

Reduction of capital. First, to those Partners with a positive Capital Account balance in the ratio that each such Partner's Capital Account bears to the Capital Accounts of all such Partners until and to the extent required to reduce the positive balance of such Partners' Capital Accounts to zero;

Reduction of capital. First, to those Partners with a positive Capital Account balance in the ratio that each such Partner's ’s Capital Account bears to the Capital Accounts of all such Partners until and to the extent required to reduce the positive balance of such Partners' ’ Capital Accounts to zero;