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6.2 Ca ital Investment: Each Partner's initial Capital
Contribution shall a SIX THOUSAND FIVE HUNDRED and no/100 F
DOLLARS ($6,500.00) per Unit, to be paid in cash at the time
of purchase. The number of Units purchased by each Partner
is specified in Schedule "A" hereto.
s
6.3 Additional Capital Contributions: After the
Partnership comp etes the purchase o the Partnership Property,
and additional funds are needed to pay the expenses of the .
Partnership, the Partners .may be required to~contribute
additional funds to the Partnership upon written notice from
the Managing General Partner. A Limited Partner may be.
required to contribute to the capital of the Partnership as
Additional Capital Contributions an amount of money equal to
his initial Capital Contribution, that sum set opposite his
name on Schedule "A", but under no circumstances shall any
Limited Partner be required to contribute any more capital
to_the Partnership.
6.4 Failure to Make Additional Capital Contributions:
(A) In the event that at any time and for any -
i reason a Partner fails to contribute to the Partnership, on
or before any date on which a contribution is due pursuant
! to written notice from the Managing General Partner, any
amount which such Partner (hereinafter, in this Article
referred to as the "Defaulting Partner"} is required to
contribute to the capital of the Par-tnership pursuant to the `
provisions of this Article VI, then and in that event, the
Managing General Partner, acting for and on behalf of the
Partnership, shall cause written notice of such default to
be given to the Defaulting Partner.- From and after the date
of such default, and for so long as such default continues,
~ the Defaulting Partner shall not share in any distributions
under and pursuant to Article VIII hereof or in any profits _
and losses pursuant to Article VII hereof.
(B) If such default shall continue for a period
- of ten (10) days after the date of such written notice of
default, then the General Partners (or the other General
~ Partner(s) if the Defaulting Partner is a General Partner)
may avail themselves of any remedy available, including,
causing a forfeiture of the Defaulting Partner's Partnership
Interest by giving written notice of such forfeiture to the
E Defaulting Partner. If the General Partners elect to declare
a forfeiture, the Defaulting Partner shall forfeit his
entire Partnership Interest; the Partnership Interest of the
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