Common use of The General Partners Clause in Contracts

The General Partners. The determination of the value of the repurchased Units will be based upon, among other factors, the current fair market value of the Facilities and the Fund Property, less all Fund debts and obligations. The Fund will not repurchase Units prior to the Termination Date of the Offering and is not obligated to repurchase Units at any time. Units acquired by the General Partners and their Affiliates or by the Assignor Limited Partner will not be eligible for repurchase by the Fund. Units purchased by the Fund during any month shall be deemed canceled effective as of the first day of the month following the effective date of such purchase.