Retention of Distributable Income as Capital Reserves. The General Partner may elect to retain from the distributions of available cash any amounts which, in the General Partners’ judgment, are needed to provide reserves and working capital for anticipated investments and operating expenses, subject only to their Fiduciary Duty as provided below in this Agreement.
Appears in 14 contracts
Samples: Limited Partnership Agreement (Trager Scott), Limited Partnership Agreement (Trager Steve), Limited Partnership Agreement (Gilman Sheldon G)
Retention of Distributable Income as Capital Reserves. The General Partner may elect to retain from the distributions of available cash any amounts which, in the General Partners’ ' judgment, are needed to provide reserves and working capital for anticipated investments and operating expenses, subject only to their Fiduciary Duty as provided below in this Agreement.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Trager Trust of 2012), Agreement of Limited Partnership (Trager Trust of 2012), Agreement of Limited Partnership (Gilman Sheldon G)
