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~`~~.. ~ <br />(a) The disposition of all of the interests i.ts real estate of the <br />Partnership; <br />(b) The bankruptcy, resignation, insol:+ency, dissolution or <br />permanent disability of the General Partner, sub,ect*_o the right cf the <br />remaining Limited Partners to continue the Partnership as set forth in <br />Article XIiI hereto, or the termination of t':ae General Partner as a <br />partnership ur=der Iowa 2aa; or <br />(c) The written consent or affirmative vote to dissolve the <br />Partnership by unanimous consent of the Limited Partners. <br />VZ. Each of the Partners shall have the perc::ntage of ownership and is <br />contributing in cash the amount set forth opposite his name on Exhibit B hereto. <br />VII. The Limited Partners are not obligated to make additional capital <br />contributions. <br />VIII. A Limited Paztner has no right to demand the return of his capital <br />cantributi_~,n, except that, to the extent such funds are available after all <br />debts and Tiabilities of the Partnership have been paid, the contributions of <br />each Limited Partner are to be returned upon, and not before, dissolution and <br />winding up of the Partnership. <br />IX. Net profits, losses and gains on sales (including, without limita- <br />tion, all losses of every 1Eind deductible for Federal income tax purposes), and <br />available cash flow shall be distri'_:+!ted and apportioned one hundred percent <br />(100%), to the Limited Partners ar.'! s.~ll be distributed and allocated among <br />them in the same proportions as their respective contributions and percent of <br />o~.rnership bear to the aggregate capital contributions and total ownership by <br />ail the Limited Yar"ners. A sum equal to none percent <br />( none %) of cross annual receipts shall be paid as an operating expense to <br />the General Par_ner .~s a management fee for managing the business and affairs <br />of the Partnership, except the obtaining of replacement tenants for Nhich the <br />local customary fees or charges may be made. <br />X. Each Limited Par*ner stall have ti:e right to assign er otherwise <br />dispose of his interest in the Partnazshix aG set forth in the Partnership <br />Agreement provided that no such assignc~ shall become a Substitute Limited <br />Partner without the consent of the General Paztner. The General Partner may <br />not assign or other~:•is: dispose of his interest in the Partnership without <br />the prior written approval of each Limited Partner. <br />XI. T:~e General Partner may not admit additional Limited Partners, <br />except with the prior written consent of all Limited Partners <br />XII. No Limited Partner has priority over any other Limited Partner <br />as to eontributions or as to compensation by way of income. <br />XIIZ. Subject to the terms and conditions set forth in the Partnership <br />Agreement, the Limited Partners may, upon the d•. at n, bankruptcy, resignation, <br />_2_ <br />,._, <br /> <br />