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<br />Qi©'"~ ii.~ ~ ~ a7 O <br />able to such Partners under Section 11.2.3 for the current <br />year. If the aggregate amount of such quarterly advances <br />exceeds the amounts ultimately determined tc be distribut- <br />able to such Partners under Section 11.2.3 for the current <br />year, such excess shall be applied to reduce any distribu- <br />tions otherwise payable to such Partners in the year or <br />years thereafter. <br />26 <br />12. Proceeds of Mortgage Refinancing, Partial <br />Condemnaticn, Certain Sales, etc. <br />12.1 Any net excess insurance proceeds, net <br />proceeds of partial condemnation, mortgage refinancing, safes <br />' of easement, rights of way or similar interests in the prop- <br />ezty of the Partnership, sales of portions of Partnership <br />property or any interest therein, and any other similar items <br />which in accordance-with genezally accepted accounting prac- <br />titres are attributable to capital, tc the extent deemed by <br />the General Fartners to be available for the following uses <br />or far distribution, shall be used or distributed as follows <br />and in the following order or priority: <br />12.1.1 An amount thereof shall first <br />be used to pay first interest and then the principal balance <br />of Deficit Loans.. <br />12.1.2 An amount thereof shall next <br />be used to pay the principal balance of the Contract Note. <br /> <br /> <br /> <br /> <br />