Source of Distributions. Each Partner shall look solely to the assets of the Partnership for the return of its Capital Contributions and its share of distributions and shall have no recourse upon dissolution or otherwise against the Partnership, the Partners or the Liquidator. No holder of an interest in the Partnership shall have any right to receive any distributions except as provided in this Agreement or any right to demand or receive property other than cash upon dissolution and termination of the Partnership.
Appears in 6 contracts
Samples: Limited Partnership Agreement (3100 Glendale Joint Venture), Limited Partnership Agreement (3100 Glendale Joint Venture), Agreement (Insignia Financial Group Inc)
Source of Distributions. Each Partner shall look solely to the assets of the Partnership for all distributions with respect to the return of its Partnership and the Partner's Capital Contributions and its share of distributions Contribution thereto and shall have no recourse therefor (upon dissolution or otherwise otherwise) against the Partnership, the Partners or the Liquidatorother Partners. No holder of an interest in the Partnership Partner shall have any right to receive any distributions except as provided in this Agreement or any right to demand or receive property other than cash upon dissolution and termination of the Partnership.
Appears in 1 contract
Samples: Agreement (Mendelssohn Paxton Ii)
Source of Distributions. Each Partner shall look solely to the assets of the Partnership for the return of its Capital Contributions and its share of distributions and shall have no recourse upon dissolution or otherwise against the Partnership, the Partners or the Liquidator. No holder of an interest in the Partnership shall have any right to receive any distributions except as provided in this Agreement or any right to demand or receive property other than cash upon dissolution and termination of the Partnership.receive
Appears in 1 contract
Samples: Limited Partnership Agreement (3100 Glendale Joint Venture)