Winding Up and Distribution. (a) Upon the dissolution of the Partnership pursuant to Section 11.01, (i) a certificate of cancellation shall be filed in such offices within the State as may be required or appropriate and (ii) the Partnership business shall be wound up and its assets liquidated as provided in this Section 11.02 and the net proceeds of such liquidation shall be distributed in accordance with Section 10.08.
Appears in 3 contracts
Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5), WNC Housing Tax Credit Fund Vi Lp Series 5, WNC Housing Tax Credit Fund Vi Lp Series 5
Winding Up and Distribution. (a) Upon the dissolution of the Partnership pursuant to Section 11.0112.01, (i) a certificate Certificate of cancellation Cancellation shall be filed in such offices within the State as may be required or appropriate appropriate, and (ii) the Partnership business shall be wound up and its assets liquidated as provided in this Section 11.02 12.02 and the net proceeds of such liquidation liquidation, except as provided in Section 12.02(b) below, shall be distributed in accordance with Section 10.0811.04.
Appears in 1 contract
Samples: Boston Capital Tax Credit Fund Iv Lp
