Common use of Compensation of General Partners Clause in Contracts

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.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership), Limited Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership), Limited Partnership Agreement (Meridian Healthcare Growth & Income Fund LTD Partnership)

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Compensation of General Partners. Except as expressly provided in Articles IV and IX herein, the The General Partners shall receive no feesnot, salaries, profits, distributions, reimbursement or other compensation for serving in their capacities as General Partners., receive any salary, fees, profits or distributions except:

Appears in 5 contracts

Samples: Krupp Realty Fund LTD Iii, Krupp Realty LTD Partnership V, Krupp Realty Fund LTD Iii

Compensation of General Partners. Except as expressly provided in Articles IV and Article IX herein, the General Partners shall receive no fees, salaries, profits, distributions, reimbursement or other compensation for serving as General Partners.

Appears in 2 contracts

Samples: Brown Flournoy Equity Income Fund LTD Partnership, Brown Flournoy Equity Income Fund LTD Partnership

Compensation of General Partners. Except as expressly provided in Articles IV and IX herein, the The General Partners shall not in their capacities as General Partners receive no any salary, fees, salaries, profits or distributions except profits, distributions, reimbursement or other compensation for serving as General Partnersfees and allocations to which they may be entitled under Articles Four and Five.

Appears in 1 contract

Samples: JMB Income Properties LTD V

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Compensation of General Partners. Except as expressly provided in Articles IV and IX herein, the The General Partners shall not in their capacities as General Partners receive no fees, salaries, any salary fees profits or distributions except profits, distributions, reimbursement or other compensation for serving as General Partnersfees and allocations to which they may be entitled under Articles Four and Five.

Appears in 1 contract

Samples: JMB Income Properties LTD V

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