Common use of Withdrawal or Return of Capital Clause in Contracts

Withdrawal or Return of Capital. No Partner shall have the right to demand the withdrawal, reduction or return of that Partner's Capital Contribution without the consent of all of the Partners, or upon the dissolution and termination of the Partnership; nor shall any Partner have the right to demand and receive property other than cash in return for that Partner's Capital Contribution. Notwithstanding the foregoing, no part of the Capital Contribution of any Partner shall be withdrawn unless all liabilities of the Partnership (except liabilities to the Limited Partners on account of their Capital Contributions) have been paid or unless the Partnership has assets sufficient to pay the these liabilities as those liabilities become due and payable. A Limited Partner shall look only to the assets of the Partnership and, if Partnership property remaining after the payment or discharge of the liabilities of the Partnership is insufficient to return that Limited Partner's Capital Contribution, that Limited Partner shall have no recourse against the General Partner or any other Limited Partners for such return.

Withdrawal or Return of Capital. No Partner shall have the right to demand the withdrawal, reduction or return of that Partner's Capital Contribution without the consent of all of the Partners, or upon the dissolution and termination of the Partnership; nor shall any Partner have the right to demand and receive property other than cash in return for that Partner's Capital Contribution. Notwithstanding the foregoing, no part of the Capital Contribution of any Partner shall be withdrawn unless all liabilities of the Partnership (except liabilities to the Limited Partners on account of their Capital Contributions) have been paid or unless the Partnership has assets sufficient to pay the these those liabilities as those liabilities become due and payable. A Limited Partner shall look only to the assets of the Partnership and, if Partnership property remaining after the payment or discharge of the liabilities of the Partnership is insufficient to return that Limited Partner's Capital Contribution, that Limited Partner shall have no recourse against the General Partner or any other Limited Partners for such return.

Withdrawal or Return of Capital. No Partner shall have the right to demand the withdrawal, reduction or return of that Partner's Capital Contribution without the consent of all of the Partners, or upon the dissolution and termination of the Partnership; nor shall any Partner have the right to demand and receive property other than cash in return for that Partner's Capital Contribution. Notwithstanding the foregoing, no part of the Capital Contribution of any Partner shall be withdrawn unless all liabilities of the Partnership (except liabilities to the General Partner and to the Limited Partners on account of their Capital Contributions) have been paid or unless the Partnership has assets sufficient to pay the these liabilities as those liabilities become due and payable. A Limited Partner shall look only to the assets of the Partnership and, if Partnership property remaining after the payment or discharge of the liabilities of the Partnership is insufficient to return that Limited Partner's Capital Contribution, that Limited Partner shall have no recourse against the General Partner or any other Limited Partners for such return.

Withdrawal or Return of Capital. No Partner shall have the right to demand the withdrawal, reduction or return of that Partner's Capital Contribution without the consent of all of the Partners, or upon the dissolution and termination of the Partnership; nor shall any Partner have the right to demand and or receive property other than cash in return for that Partner's Capital Contribution. Notwithstanding the foregoing, no part of the Capital Contribution of any Limited Partner shall be withdrawn unless all liabilities of the Partnership (except liabilities to the Limited Partners on account of their Capital Contributions) have been paid or unless the Partnership has assets sufficient to pay the these those liabilities as those liabilities become due and payable. A Limited Partner shall look only to the assets of the Partnership and, if Partnership property remaining after the payment or discharge of the liabilities of the Partnership is insufficient to return that Limited Partner's Capital Contribution, that Limited Partner shall have no recourse against the General Partner or any other Limited Partners for such return.