Allocations to Support General Partner’s Return Obligation Sample Clauses

Allocations to Support General Partner’s Return Obligation. It is intended that, immediately following the Partnership’s final distribution of assets pursuant to 10.2 the General Partner shall have a deficit balance in its Capital Account equal to the amount, if any, that it is obligated to return to the Partnership pursuant to 10.5.3. If the General Partner determines at any time during the life of the Partnership (including during its liquidation) that the General Partner’s obligation to make the return provided for in 10.5.3 would not be matched by an equivalent deficit balance in its Capital Account if the Partnership were to be liquidated at such time, then the General Partner shall use its authority pursuant to Part 3 of Appendix II (and subject to the limitations therein) to make allocations other than in accordance with Article 8 and the balance of Appendix II to the extent necessary to ensure that an equivalent deficit balance would result if the Partnership were to be liquidated at such time; provided, however, that the General Partner shall not be obligated to return to the Partnership in respect of any deficit in its Capital Account an amount in excess of the amount it is required to return pursuant to 10.5.3.
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Related to Allocations to Support General Partner’s Return Obligation

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