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.
Unless otherwise determined by the General Partners in their absolute discretion, the Original Capital Contribution of any Limited Partner other than the Special Limited Partner shall be in an amount that is not less than $1,000,000, and any Additional Capital Contribution of any Limited Partner shall be in an amount which is not less than $250,000.
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.
It is an investment and development vehicle jointly controlled by the Korys/Colruyt Group and PMV, which are active in the retail of daily consumer goods and the retail sale of motor vehicle fuel in specialised stores and in investments in several areas including energy, respectively.
The Capital Account of each Ordinary Partner shall be debited for the amount of the Original Capital Contribution and any Subsequent Capital Contribution returned to the Ordinary Partner by the Partnership.