Original Capital Contribution definition
Examples of Original Capital Contribution in a sentence
No Limited Partner shall be obligated to provide any contributions to the Partnership other than the Original Capital Contribution (as defined in Section 9.02 below) of such Limited Partner.
The Original Capital Contribution of each Partner consists of the contributions of cash and Property made by such Partner pursuant to the terms of the Prior Partnership Agreement prior to January 1, 1996.
Holdings shall have made its Original Capital Contribution to the Partnership pursuant to Section 2.2(a)(ii).
Upon making its Original Capital Contribution, each Partner shall be entitled to a fifty percent (50%) Partnership Interest in the Partnership.
Simultaneously with the execution of this Agreement, each Partner shall make an Original Capital Contribution in the amount of fifty thousand dollars ($50,000.00) in cash, except that each of MVH and Associates shall be given a credit toward that contribution equivalent to such reasonable expenses as such Partner shall have incurred or assumed (either directly or through any of its shareholders acting on its behalf) in the development of the Facility prior, to the Commencement Date.