Withdrawals of Capital Account Balance. Subject to Section 10.3, a Partner may withdraw all or any portion of its Capital Account balance at such time or times and in such manner as shall be approved by unanimous consent of all Partners, which consent may be granted or withheld in each Partner’s sole discretion. Any Partner withdrawing the entire balance of its Capital Account shall, upon the completion of such withdrawal, be deemed to have withdrawn from the Partnership pursuant to Section 10.1.
Appears in 6 contracts
Samples: Partnership Agreement and Power (America First Tax Exempt Investors Lp), Partnership Agreement and Power (America First Tax Exempt Investors Lp), America First Tax Exempt Investors Lp
Withdrawals of Capital Account Balance. Subject to Section 10.310.4, a Partner may withdraw all or any portion of its Capital Account balance only at such time or times and in such manner as shall be approved by unanimous consent of all Partners, which consent may be granted or withheld in each Partner’s sole discretion. Any Partner withdrawing the entire balance of its Capital Account shall, upon the completion of such the withdrawal, be deemed to have withdrawn from the Partnership pursuant to Section 10.1.
Appears in 3 contracts
Samples: www.sec.gov, Sixth Amended Agreement (Vistancia Marketing, LLC), Shea Homes Limited Partnership
Withdrawals of Capital Account Balance. Subject to Section 10.3, a Partner may withdraw all or any portion of its Capital Account balance at such time or times and in such manner as shall be approved by unanimous consent of all the General Partners, which consent may be granted or withheld in each General Partner’s sole discretion. Any Partner withdrawing the entire balance of its Capital Account shall, upon the completion of such withdrawal, be deemed to have withdrawn from the Partnership pursuant to Section 10.1.
Appears in 2 contracts
Withdrawals of Capital Account Balance. Subject to Section 10.3, a Partner may withdraw all or any portion of its Capital Account balance at such time or times and in such manner only as shall be approved by unanimous consent of all General Partners, which consent may be granted or withheld in each General Partner’s sole discretion. Any Partner withdrawing the entire balance of its Capital Account shall, upon the completion of such withdrawal, be deemed to have withdrawn from the Partnership pursuant to Section 10.1.
Appears in 1 contract
Withdrawals of Capital Account Balance. Subject to Section 10.3, a Partner Member may withdraw all or any portion of its Capital Account balance at such time or times and in such manner as shall be approved by unanimous consent of all Partnersthe Members, which consent may be granted or withheld in each PartnerMember’s sole discretion. Any Partner Member withdrawing the entire balance of its Capital Account shall, upon the completion of such withdrawal, be deemed to have withdrawn from the Partnership Company pursuant to Section 10.1.
Appears in 1 contract
Samples: Operating Agreement
