Reduction of capital. First, to those Partners with a positive Capital Account balance in the ratio that each such Partner's Capital Account bears to the Capital Accounts of all such Partners until and to the extent required to reduce the positive balance of such Partners' Capital Accounts to zero;
Appears in 3 contracts
Samples: Agreement (Madyson Equity Group, LP), Agreement (Madyson Equity Group, LP), Agreement (Madyson Equity Group, LP)
Reduction of capital. First, to those Partners with a positive Capital Account balance in the ratio that each such Partner's βs Capital Account bears to the Capital Accounts of all such Partners until and to the extent required to reduce the positive balance of such Partners' β Capital Accounts to zero;
Appears in 1 contract