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~ suffered or incurred in or about the business of the Partnerahip shall be
• allocated to and borne by each Partner in tlie ratio that his number of Capital
Units owned bears to the aggregate total of the original number of Capital
...~Units, provided, however, that no Limited Partner shall in any event be ~ '
liable for any losses in excess of his original capital contribution.
(b) As ttuids are available in the Partnership bank account and to
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the extent that the Partners owning two-thirds or more of the Partnership .
~ capital units deem it unnecessary in the best interests of the Partnership for -
such funds to be retained by the Partnership, such funds shall be distributed .
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_ to all of the Partners in the proportion set forth in Article 9, and all distribu-
~ tions as provided for herein shall be made to the Partners quar:erly during the ~
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~ term of the Partnership, if available. ~ . . .
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' ~ Books and Records ~
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~ . 11. (a) At all times during the continuance of the Partnership, the ~ . ,
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General Partner shall keep or cause to be kept true and full books of account, , .,;t
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in which shall be entered fully and accurately the-transactiona of the Partnership; o~
all of said books shall at all times be maintained at the principal office of the ~
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~ Partnership and shall be open to the inspection and examination of the Partners
i or their representatives. The General Partner agrees to deliver to the Limited
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Partaere within 60 days after the expiration of each fiscal year of the Partner-
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' ship a statement of receipts and expenses, together with a statement showing
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~ the profit or loss of the Partnership for Federal Income Tax purposea and the ~
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distribution thereof to each partner. ~ ~ f
. (b) For accounting and tax reporting purposes only, the net profits
_ se ascertained through the use of standard accounting principles and the Internal ~
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Revenue Code and the Regulations promulgated thereunder, shall be credited to
each partner~e capital account in the ratio that each partner'a number ot capital ~ F.~
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