Common use of Working Capital Reserves Clause in Contracts

Working Capital Reserves. Within 45 days after the end of each fiscal quarter in which a Sale or Refinancing occurs, the General Partners shall send to each Person who was an Investor as of the close of business on the first business day of the month that includes the date of occurrence of the Sale or Refinancing, a report as to the nature of the Sale or Refinancing and as to the Profit or Loss arising from the Sale or Refinancing. E. The General Partners will prepare and timely file with appropriate federal and state regulatory authorities all reports required to be filed with such entities under then-applicable laws, rules and regulations. Such reports shall be prepared on the accounting or reporting basis required by such regulatory authorities. Upon request, copies of such reports will be furnished to any Investor or Limited Partner for any purpose reasonably related to the Investor's or Limited Partner's interest as an Investor or a Limited Partner. In the event that any regulatory authority promulgates rules or amendments thereto that would permit a reduction in any of the reporting requirements to which the Fund is subject under this Agreement at the time of the execution hereof, the Fund may cease to prepare and file any such reports in accordance with such rules or amendments.

Working Capital Reserves. Within 45 forty-five (45) days after the end of each fiscal quarter in which a Sale or Refinancing Financing occurs, the General Partners Partner shall send to each Person who was an Investor as of the close of business on the first business day of the month that includes the date of occurrence of the Sale or RefinancingFinancing, a report as to the nature of the Sale or Refinancing Financing and as to the Profit or Loss arising from the Sale or RefinancingFinancing. E. The General Partners will Partner shall prepare and timely file with appropriate federal and state regulatory authorities all reports required to be filed with such entities under then-applicable laws, rules and regulations. Such reports shall be prepared on the accounting or reporting basis required by such regulatory authorities. Upon request, copies of such reports will be furnished to any Investor or Limited Partner for any purpose reasonably related to the Investor's or Limited Partner's interest as an Investor or a Limited Partner. In the event that any regulatory authority promulgates rules or amendments thereto that would permit a reduction in any of the reporting requirements to which the Fund Partnership is subject under this Agreement at the time of the execution hereof, the Fund Partnership may cease to prepare and file any such reports in accordance with such rules or amendments.

Working Capital Reserves. Within 45 days after the end of each fiscal quarter in which a Sale or Refinancing occurs, the General Partners shall send to each Person who was an Investor a Unitholder as of the close of business on the first business day of the month that includes the date of occurrence of the Sale or Refinancing, a report as to the nature of the Sale or Refinancing and as to the Profit or Loss arising from the Sale or Refinancing. E. The General Partners will prepare and timely file with appropriate federal and state regulatory authorities all reports required to be filed with such entities under then-applicable laws, rules and regulations. Such reports shall be prepared on the accounting or reporting basis required by such regulatory authorities. Upon request, copies of such reports will be furnished to any Investor Unitholder or Limited Partner for any purpose reasonably related to the InvestorUnitholder's or Limited Partner's interest as an Investor a Unitholder or a Limited Partner. In the event that any regulatory authority promulgates rules or amendments thereto that would permit a reduction in any of the reporting requirements to which the Fund Partnership is subject under this Agreement at the time of the execution hereof, the Fund Partnership may cease to prepare and file any such reports in accordance with such rules or amendments.