Time of Admission Sample Clauses

Time of Admission. The Investment Limited Partner shall be deemed to have been admitted to the Partnership as of the Commencement Date for all purposes of this Agreement, including Article X, provided, however, that if treasury regulations are issued under the Code or an amendment to the Code is adopted which would require, in the opinion of the Auditors, that the Investment Limited Partner be deemed admitted on a date other than as of the Commencement Date, then the General Partner shall select a permitted admission date which is most favorable to the Investment Limited Partner.
AutoNDA by SimpleDocs
Time of Admission. The Investment Limited Partner shall be deemed to have been admitted to the Partnership as of the Commencement Date for all purposes of this Agreement, including Article X hereof; provided, however, that if regulations are issued under the Code or an amendment to the Code is adopted which would require, in the opinion of the Auditors, that the Investment Limited Partner be deemed admitted on a date other than as of the Commencement Date, then the General Partners shall select a permitted admission date which is most favorable to the Investment Limited Partner. [NO FURTHER TEXT ON THIS PAGE] WITNESS the execution hereof under seal as of the 1st day of December, 1997. ORIGINAL (WITHDRAWING) LIMITED PARTNER(S): GENERAL PARTNER(S): PRAIRIE WEST, INC. /s/ Xxxxxx X. Xxxxxxxxxxx /s/ Xxxxxx Xxxxxxx Xxxxxx X. Xxxxxxxxxxx Xxxxxx Xxxxxxx, its President INVESTMENT LIMITED PARTNER: SPECIAL LIMITED PARTNER: BOSTON CAPITAL BCTC 94, INC. TAX CREDIT FUND IV L.P., a Delaware limited partnership By: /s/ Xxxxxx Xxxx Xxx Xxxxxx Xxxx Xxx, Attorney- in-Factfor Xxxx X. Xxxxxxx, its duly authorized President By: Boston Capital Associates IV, L.P., a Delaware limited partnership, its general partner By: /s/ Xxxxxx Xxxx Xxx Xxxxxx Xxxx Xxx, Attorney-In-Fact for Xxxx X. Xxxxxxx, a general partner CONSENT AND AGREEMENT The undersigned hereby executes this Agreement for the sole purpose of agreeing to the provisions of Article XI of the foregoing Second Amended and Restated Agreement and Certificate of Limited Partnership notwithstanding any provision of the Management Agreement to the contrary. Management Agent VALLEY RENTAL SERVICE By: /s/ Xxxxxx Xxxxxxx its President GUARANTY The undersigned unconditionally guarantees the performance by the General Partner of all of its obligations under Sections 5.1, 5.2, 6.5, 6.10, 6.11(a) and 12.7(k) of this Second Amended and Restated Agreement and Certificate of Limited Partnership and hereby waive any right to require that any action be brought against any other Person or to require that resort be made to any security prior to enforcement of this guaranty. The obligations of the undersigned hereunder shall be binding upon the respective heirs, executors and legal representatives of the undersigned. Execution of this Agreement by the undersigned is solely for the purposes of undertaking this guaranty and shall not be deemed to make the undersigned a partner of the partnership. /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx, Individually STATE OF ___________...
Time of Admission. A person shall be deemed to have been admitted as a Venturer: (a) On the date this Agreement is fully executed by the Managing Venturer and all Venturers; or (b) If applicable, on the first day of the calendar month after which a Venturer is accepted in accordance with Article VI herein.
Time of Admission. A New Member shall be deemed admitted as a member upon the later of: (i) the later of (1) the written request by such Person that the Members' Interest Register reflect such admission and (2) the execution by such Person of this Agreement or a counterpart hereof whereby such person agrees to be bound by the provisions of this Agreement, and (ii) the time such Person is listed as a Member in the Members' Interest Register of the Company.
Time of Admission. The Investment Limited Partner shall be deemed to have been admitted to the Partnership as of the Commencement Date for all purposes of this Agreement, including Article X hereof; provided, however, that if regulations are issued under the Code or an amendment to the Code is adopted which would require, in the opinion of the Auditors, that the Investment Limited Partner be deemed admitted on a date other than as of the Commencement Date, then the General Partners shall select a permitted admission date which is most favorable to the Investment Limited Partner. WITNESS the execution hereof under seal as of the 1st day of September, 1994. ORIGINAL (WITHDRAWING) LIMITED PARTNER(S): /s/ Xxxxxxx X. Xxxxx /s/ Xxxxxxx X. Xxxxx Xxxxxxx X. Xxxxx Xxxxxxx X. Xxxxx GENERAL PARTNER(S): /s/ Xxxxxxx X. Xxxxx /s/ Xxxxxxx X. Xxxxx Xxxxxxx X. Xxxxx Xxxxxxx X. Xxxxx INVESTMENT LIMITED PARTNER: SPECIAL LIMITED PARTNER: BOSTON CAPITAL TAX CREDIT BCTC 94, INC. FUND IV, L.P., a Delaware limited partnership By: Boston Capital Associates By: /s/ Xxxxxx Xxxx Xxx IV, L.P., its general Xxxxxx Xxxx Xxx, Attorney-In Partner Fact for Xxxx X. Xxxxxxx, its President By: C & M Associates d/b/a Boston Capital Associates, its general partner By: /s/ Xxxxxx Xxxx Xxx Xxxxxx Xxxx Xxx, Attorney-In-Fact for Xxxx X. Xxxxxxx, a general partne
Time of Admission. A new Member shall not be deemed admitted into the Company until the Capital Contribution required of such Person shall have been made and such Person has become a party to this Agreement.
Time of Admission. 71 Schedule A .......................................... 7 COUNTRY EDGE APARTMENTS I LIMITED PARTNERSHIP SECOND AMENDED AND RESTATED AGREEMENT AND CERTIFICATE OF LIMITED PARTNERSHIP Preliminary Statement
AutoNDA by SimpleDocs
Time of Admission. The Investment Limited Partner shall be deemed to have been admitted to the Partnership as of the Commencement Date for all purposes of this Agreement, including Article X hereof; provided, however, that if regulations are issued under the Code or an amendment to the Code is adopted which would require, in the opinion of the Auditors, that the Investment Limited Partner be deemed admitted on a date other than as of the Commencement Date, then the General Partners shall select a permitted admission date which is most favorable to the Investment Limited Partner. [NO FURTHER TEXT ON THIS PAGE] WITNESS the execution hereof under seal as of the 1st day of August, 1998.
Time of Admission. A Person shall be deemed to have been admitted as a Partner: (a) On the date this Agreement is fully executed by the Partners; or (b) If applicable, with respect to any additional Partners or Substitute Partners on the first day of the calendar month following the month in which such person complies with Article IV hereof
Time of Admission. A Person shall be deemed to have been admitted as a Limited Partner: (a) On the date this Agreement is fully executed by the General Partners and all initial Limited Partners, and the General Partners execute a certificate of limited partnership which is filed with the Secretary of State of Florida, or (b) If applicable, with respect to any additional Limited Partners or Substitute Limited Partners on the first day of the calendar month following the month in which such person complies with Article VI hereof.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!