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1. First, to make reasonable provision for the paynen~
of the liabilities of the Limited Partnership.
2. Second, to pay any and all liabilities to t~embers.
Nothing contained herein shall, however, be deemed to sub-
ordinate such liabilities to Members to other current lia-
bilities of the Limited P2rtnership.
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Section 11. Distributions
The Funds Available for Distribution shall be distributed
to each.Member, or his zssignee, at times and to the extent
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determined in the discretion of the General Partner, in the
ratio that each_Member's or assignee's nuc?ber oi' Units .
owned bears to the aggregate total number of Units owned. ;
Section 12. Financial Records
A. i'r_~ fiscal year of the Limited Partnership shall end - z
on Dece*:b~~r 31st. The books of account shall be kept on the
basis cT accounting period consisting of a calendar year.
B. all times unt.il the completion of liquidation
of t'r.e ass~~s of the Limited Partnership, the General Partner
' shall kez~ or cause to be kept true and full books of account '
~f on the BCCT'13Z method, in which shall be entered fully and
i
~ accurately *he transactions of the Limited Partnership;
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~ all of said books shall at all times be maintained at the
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~ principal office of the Limited Partnership and shall be -
open to the inspection and examination of any Member or his
~ representative at reasonable times. The General Partner
agrees to deliver to the Limited Partners, and their assignees,
~ a copy of the United States P2rtnership Return of Income as
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filed for the Limited Partnership, and any other tax reportir_~
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=x information.
~ C. The net income sha1Z be credited to each r~i~mber's
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~ capital account in the ratio tnat each i~lemb~r's nu:,iber of
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~ Units owned bears to the 2~5r°~ate total of
Units ~hen ohn~~. ~
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~ D. Tlet losses shall a~~{~ed f~rs~ to any ;nco~e - ~
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~ attributab~e ~o each r~'.e-~~„, ~^ar. t~ the capital 2cc~::r:; '
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~ ~ of each I~Ie,::;.e» in the o f.~=c~ ~3Ci _'~°I21D@2'~ S nu~b~r c= _
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