Common use of Winding Up and Distribution Clause in Contracts

Winding Up and Distribution. (a) In the event of dissolution and termination of the Partnership, a full accounting of the assets and liabilities shall be taken, and the assets shall be distributed in accordance with this Section 12.02 as follows, after taking into account all other allocations and distributions under this Agreement for the Fiscal Year, including, without limitation, the allocations under Article XI hereof;

Appears in 4 contracts

Samples: Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp

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Winding Up and Distribution. (a) In the event of dissolution and termination of the Partnership, a full accounting of the assets and liabilities shall be taken, and the assets shall be distributed in accordance with this Section 12.02 as follows, after taking into account all other allocations and distributions under this Agreement for the Fiscal Year, including, without limitation, the allocations under Article XI hereof;:

Appears in 3 contracts

Samples: Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp

Winding Up and Distribution. (a) In the event of dissolution and termination of the PartnershipCompany, a full accounting of the assets and liabilities shall be taken, and the assets shall be distributed in accordance with this Section 12.02 13.02 as follows, after taking into account all other allocations and distributions under this Agreement for the Fiscal Year, including, without limitation, the allocations under Article XI XII hereof;

Appears in 1 contract

Samples: Operating Agreement (Boston Capital Tax Credit Fund Iv Lp)

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Winding Up and Distribution. (a) In the event of dissolution and termination of the Partnership, a full accounting of the assets and liabilities shall be taken, and the assets shall be distributed in accordance with this Section 12.02 as follows, after taking into account all other allocations and distributions under this Agreement for the Fiscal Year, including, without limitation, the allocations under Article XI hereof: (A) To the payment of all debts and liabilities of the Partnership then due (including fees and loans payable to Partners);

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

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