Examples of General Partner Expenses in a sentence
As between the General Partner, on the one hand, and the Partnership, on the other hand, the General Partner shall be solely responsible for and shall pay all General Partner Expenses pursuant to this Agreement.
Notwithstanding anything herein to the contrary, no costs or expenses payable by the Owner of any Property under the terms of the Property Services Agreement entered into with respect to such Property shall be deemed Managing General Partner Expenses.
Notwithstanding the preceding sentence, for calendar years 2015 through 2018, the phrase “600,000” in the preceding sentence shall be replaced with the phrase “500,000”.
The expenses that the General Partner is obligated or elects to pay under this Section 7.1 are collectively referred to herein as the "General Partner Expenses".
Notwithstanding anything herein to the contrary, no costs or expenses payable by the Owner of any Property under the terms of the Property Services Agreement entered into with respect to such Property shall be deemed General Partner Expenses.