Compensation of General Partners. The General Partners shall not be entitled to any compensation for performance of duties under this Agreement as General Partners. The Partnership shall reimburse the General Partners at cost for reasonable out-of-pocket expenses incurred in the performance of duties under this Agreement.
Compensation of General Partners. Except as expressly provided in Articles IV and IX herein, the General Partners shall receive no fees, salaries, profits, distributions, reimbursement or other compensation for serving as General Partners.
Compensation of General Partners. For the period from inception to December 31, 1996, the General Partners and their Affiliates have received the following compensation. (See, section of the Prospectus entitled "COMPENSATION OF THE GENERAL PARTNERS AND AFFILIATES").
Compensation of General Partners. No General Partner shall be compensated for its services as a General Partner of the Partnership generally or any Series; provided, however, this Section 7.12 shall not prohibit or restrict any reimbursement to which any General Partner is otherwise entitled for expenses it incurs or payments it makes on behalf of the Partnership generally or any Series, including any general and administrative expenses.
Compensation of General Partners. In the discretion of the Managing General Partner, any Partner may be paid a reasonable salary or reasonable compensation for services performed on behalf of the Partnership, which compensation shall not affect such Partner's capital account, profit account, or Partnership interest.
Compensation of General Partners. (a) Except for the distributions provided in Section 4.2, the General Partners shall not be entitled to receive any other compensation from the funds of the Partnership for services rendered or duties performed in connection with the management of the operations of the Partnership or any services performed by them pursuant to Section 7.2; provided that the General Partners shall be reimbursed by the Partnership, to the extent permitted under Section 5.2(b), for all of their out-of-pocket costs and expenses incurred by them or by their trustees, directors, officers or employees in managing the business or affairs of the Partnership, including any legal, accounting or other professional services rendered to the Partnership.
Compensation of General Partners. 8 5.07. Duties and Responsibilities of USCC. 8 5.08. Duties and Responsibilities of USCMC. 8 5.09. Loan to Partnership by USCC. 9 1 ARTICLE VI SALE OF A PARTNERSHIP INTEREST 9
Compensation of General Partners. (a) Subject to the provisions of Section 3.08(b) below, the General Partners shall be entitled to receive reasonable compensation from the Partnership for services rendered in operating and managing the Partnership in an annual aggregate amount equal to $350,000 plus one percent (1%) of Gross Income, or such lesser amount as the General Partners may from time to time determine is appropriate. The compensation payable to the General Partners under this Section 3.08(a) shall be divided among the General Partners equally or as they may otherwise mutually agree. For purposes of this Section, the term "
Compensation of General Partners. PAYMENT OF PARTNERSHIP EXPENSES
Compensation of General Partners. General Partners shall be compensated as follows during the term of this Agreement:
