Examples of Capital Contributions Account in a sentence
Except as otherwise specifically set forth herein, to the extent a Limited Partner is not a General Partner and does not take part in the control of the Partnership's business within the meaning of the Act, the liability of a Limited Partner for the obligations or losses of the Partnership shall in no event exceed such Limited Partner's Unreturned Capital Contributions Account.
Such Partner Loans shall be repaid to the Partner(s) making such Partner Loans, with interest as aforesaid, prior to any distribution of Net Ordinary Cash Flow to any Partner and prior to the return of any Unreturned Capital Contributions Account to any Partner, but shall not be secured by any Partnership Property.
The Company shall procure that all Equity proceeds are paid into the Capital Contributions Account.
Capital decreases As of December 31, 2014, 2013 and 2012, the inflation adjusted balance of the Capital Contributions Account (CUCA, abbreviation in Spanish) amounts to $5,093,804, $4,894,123 and $4,618,011.
Each Partner shall receive credit to its Unreturned Capital Contributions Account and earn a Priority Return with respect to such additional Capital Contribution, but shall not receive an additional Partnership Interest as a result of such Capital Contribution.
Any distribution pursuant to this Section 7.9 shall be in accordance with Partnership Interests and shall not reduce the Capital Contributions or Unreturned Capital Contributions Account of any Partner.
Furthermore, in a note of 1993 Radelli and Castro had clearly divided the San Hipolito unit (Zone) from the main basic-ultrabasic body of Vizcaino.
CONSTRUCTION PERIOD PREFERENCE: The cumulative annual preference to be paid quarterly by the Partnership pursuant to Section 7.7 hereof in an amount equal to nine percent (9%) per annum on Mills' and TMLP's Unreturned Capital Contributions Account from and after the date of this Agreement through Grand Opening.
The Original Agreement also contemplated that the Unrecovered Empire Tract Costs and the Unreturned Xxxxx Partner Capital Contributions Account would be reduced, as applicable, in connection with such distributions of proceeds.
Managing DirectorPunjab Infrastructure Development Board (PIDB) 33-35, SCO, Sector 34A Rd, Sub City Center Sector 34, Chandigarh – 160022 1.1.8 The Authority shall not be responsible for any delay in receiving the Proposals and reserves the right to reject / accept any or all Proposals without assigning any reason thereof.