Common use of Initial Limited Partner Clause in Contracts

Initial Limited Partner. Upon the admission of additional Limited Partners, the Limited Partner interest of the Initial Limited Partner shall be repurchased in full, and it is recognized and acknowledged that the capital of $200 contributed by the Initial Limited Partner will be returned at that time.

Appears in 3 contracts

Samples: AmREIT Monthly Income & Growth Fund IV LP, AmREIT Monthly Income & Growth Fund IV LP, AmREIT Monthly Income & Growth Fund IV LP

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Initial Limited Partner. Upon the admission of additional Limited Partners, the Limited Partner interest Interest of the Initial Limited Partner shall be repurchased in full, and it is recognized and acknowledged that the capital of $200 contributed by the Initial Limited Partner will be returned at that time.

Appears in 1 contract

Samples: AmREIT Monthly Income & Growth Fund III LTD

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