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At leap arty (~U) c!':ys .n auv.~rce of _thr.-`t';3t_' ti,:s
when .eny Adctir.ional c'~~~:~.?•l~trt~.vtt::"~~t'lc~.epl":tl :st•.. ,.,.,t,~i .,t
Lo be pall i A ~?:•:..^.t:~rs au :c~•L f'urtti r.ct_!`r`~~(~~1,
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Section 9. Loans t:y G=~rzral Part~~r
The General Partner tt:ay, f i' nece:~sary or rle:; i table 1?~
t!~e judgment of the General Partner, make advances 1'or E:x-
penditures. Such advances shall not be deemed c::pital
contributions to the Limited Partnership but a debt due
(rota the Li:r:ited Partnership tc~ the.' General Partner, who shall
be repaid. Any : uch loans made' b;,r the Genet^t Pai•tn~~r :;hall
receive a repayment priority over other distributions to
M~r.:bers .
S~~cti cn surds :'lcailab fnr Pt::tribu~ion _
tern "Fund:. Rvailabl~. For llistribuiion", r_s _
u~~ ~ra1 ~ ~ •;iiall me;~n :ell funds aria; 4 ng or realizes: f'ron
all sut:r~~a ~,icluding trio following sources, after deducting
:y 6'-y^s::ts ::ade to reduce the liaL ilities of the Lit;iited
P::rtrers~-:_p, :n~~ludin!?, thr~ prlnciE~:~l c~[' any mo[•tgZK~~ ort ttt~~
j Peal Property:
r .
~ 1. Fu.-tds arisinp~ from profits earned by the :.invited
Partnership on the Real Property, as computed in accordance
I c;it:~ seneral?y accepted accounting principles but without
t;akirg deduction for depreciation, depletion or amortization
f ary .
2. Fun:?s resultlr.~ from the ~•raceeds of the ::a? ~r con-
~ ~:_~r.:^ation :iilj/ 4~art cat' t' Li oi' tft<: ~'JJ?tS E)f t!'.t~ L~!':i`..~~
~ 3 i~ 1:rC!., :'s~sult f rr~ fr~~t'i .*.h~' acs rr~ent ~r rat' ~ n~n~: ~ r~:
•
~~t' r.~or~•,~~he loan o:t ~ h•~ Real I't•uc;Lrt;~ or the ~?:^lL::i,r:'_.^.~'_:
° Ui' tilt' a`3 :,~'t.i C)i' ~t':E: I..:!:{ i.{'~: ~'.`~t'`~r'.r.i^ip iT: 3n;y r:3nncar,
!1 . ~.ri,r -~•:~3 it ion~_i .'+:r' -~•f;, i iah to !'~~r ci i _ -
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tition tJ~~ -(i~r.er:tl Y:: r' r.•~- •'Yt~t:t per.^.:itte~'_ ~%;f
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applicable iaw. ~v
n ~ ~-^,~ution shall i,e r~d•:^~=
Ft:r: pis r.. _ _ ~ ~///,~'/1
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