Capita1 Contribution definition
Capita1 Contribution means the total amount of cash, and net fair market value of securities and other property contributed by a Partner to the equity of the Partnership, or agreed to be contributed by a Partner to the equity of the Partnership, pursuant to section 11(a), and reduced by any return of capital to the Partner within the meaning of section 11(c). Any reference in this Agreement to the Capital Contribution of either a Partner or an assignee of a Partner shall include the Capital Contribution of any prior Partner to whose Partnership Interest the then existing Partner or assignee succeeded.
Examples of Capita1 Contribution in a sentence
Except as otherwise required or permitted in Sections 2.3, 4.4, 10.8 (b) (ii) (1), 12.3 (a) (ii), 12.3 (a) (iii) or 12.4 hereof, no Partners may make an Additional Capita.1 Contribution except with the written consent of all other Partners.