Common use of MATERIAL ITEMS Clause in Contracts

MATERIAL ITEMS. Any provisions of this Agreement to the contrary notwithstanding, at all times during the existence of the Company, the aggregate interest of the General Partner in each material item of income, gain, loss, deduction or credit shall equal at least one percent (1.0%) of each such material item.

Appears in 2 contracts

Sources: Agreement of Limited Partnership (Access Health Inc), Agreement of Limited Partnership (Access Health Inc)

MATERIAL ITEMS. Any provisions of this Agreement to the contrary notwithstanding, at all times during the existence of the Company, the aggregate interest of the General Partner Partners in each material item of income, gain, loss, deduction or credit shall equal at least one percent (1.0%) of each such material item.

Appears in 1 contract

Sources: Limited Partnership Agreement (Access Health Inc)