Common use of Creation of Reserves Clause in Contracts

Creation of Reserves. After making payment or provision for payment of all debts and liabilities of the Partnership and all expenses of liquidation, the Liquidator may establish, for a period not to exceed one year beginning on the date of dissolution, such cash reserves as the Liquidator may deem reasonably necessary for any contingent or unforeseen liabilities or obligations of the Partnership.

Creation of Reserves. After making payment or provision for payment of all fixed and determinable debts and liabilities of the Partnership and all expenses of liquidation, the Liquidator may establishset up, for a period not to exceed one (1) year beginning on after the date of dissolutionthe event requiring winding-up, such the cash reserves as that the Liquidator may deem deems reasonably necessary for any contingent or unforeseen liabilities or obligations of the Partnership.

Creation of Reserves. After making payment or provision provisions for payment of all debts and liabilities of the Partnership Fund and all expenses of liquidation, the Liquidator may establishset up, for a period not to exceed one year beginning on nine (9) months after the date of dissolution, such cash reserves as the Liquidator may deem reasonably necessary for any contingent or unforeseen liabilities or obligations of the PartnershipFund. Such cash reserves shall, to the extent reasonably possible, be placed in an interest bearing account, and each Limited Partner shall be credited with his or her pro rata share of such interest payments.

Creation of Reserves. After making payment or provision for payment of all debts and liabilities of the Partnership and all expenses of liquidation, the Liquidator may establishshall set up, for a period not to exceed one year beginning on after the date of dissolution, such cash reserves as the Liquidator may deem reasonably necessary for any contingent or unforeseen liabilities or obligations of the Partnership.

Creation of Reserves. After making payment or provision for payment of all debts and liabilities of the Partnership and all expenses of liquidation, the Liquidator may establishset up, for a period not to exceed one year beginning on two (2) years after the date of dissolution, such cash reserves as the Liquidator may deem reasonably necessary for any contingent or unforeseen liabilities or obligations of the Partnership, unless inconsistent with Section 1.704-1(b)(2)(ii)(b) of the Regulations.

Creation of Reserves. After making payment or provision for payment of all debts and liabilities of the Partnership and all expenses of liquidation, the Liquidator may establishset up, for a period not to exceed one year beginning on 4 years after the date of dissolution, such cash reserves as the Liquidator may deem reasonably necessary for any contingent or unforeseen liabilities or obligations of the Partnership.

Creation of Reserves. After making payment or provision for payment of all fixed and determinable debts and liabilities of the Partnership Company and all expenses of liquidation, the Liquidator may establishset up, for a period not to exceed one year beginning on after the date of dissolution, such the cash reserves as that the Liquidator may deem deems reasonably necessary for any contingent or unforeseen liabilities or obligations of the PartnershipCompany.

Creation of Reserves. After making payment or provision for payment of all fixed and determinable debts and liabilities of the Partnership and all expenses of liquidation, the Liquidator may establishset up, for a period not to exceed one (1) year beginning on after the date of dissolution, such the cash reserves as that the Liquidator may deem deems reasonably necessary for any contingent or unforeseen liabilities or obligations of the Partnership.

Creation of Reserves. After making payment or provision for payment of all debts and liabilities of the Partnership and all expenses of liquidation, the Liquidator may establishset up, for a period not to exceed one year beginning on after the date of dissolution, such cash reserves as the Liquidator may deem reasonably necessary for any contingent or unforeseen liabilities or obligations of the Partnership.