Thursday, 08 April 2010 16:02
Contribution of Additional Capital ClauseWritten by Rizwan Butt
If at any time the value of the net assets of the Partnership shall fall below $___________, the Partners shall contribute such further amounts of capital in proportion to their interests in the Partnership as are necessary to increase the value of the net assets to $_________ or such other value as the Partners may deem necessary. If any Partner shall be unable to make such further contribution, the remaining Partners may either contribute to capital, if all Partners consent to such contribution, in which event the interest of each Partner shall be reapportioned to reflect his [or her] total capital contribution, or may lend sufficient monies to the Partnership, at such interest rate as may be agreed on, without affecting the interest of any Partner.
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