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80004996
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Last modified
1/13/2010 10:20:39 PM
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1/13/2010 10:19:24 PM
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DEEDS
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80004996
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42 <br /> <br />eration of $10; provided, however, that a majority in inter- <br />est of the Limited Partners consent to the exercise thereof <br />and send written notice of such consent to the Partnership <br />and the General Partners. Unless otherwise agreed to by the <br />Limited Partners, each Limited Partner shall have the right <br />to purchase a graportionate share of such interest of the <br />Genera3 Partners, determined in proportion to the capital <br />contributions of those Limited Partners who in the aggregate <br />intend to purchase such interest. Such option shall be <br />exercised by written notice thereof (which may be executed in <br />counterparts) by the accepting Limited Partners within 60 <br />days of their first receiving notice of such default from the <br />General Partners. Each acc_pt.ing Limited Partner shall pay <br />his proportionate share of the purchase Brice in cash or by <br />check, subject to collection, within 30 days after the <br />eupiration of such 60-day period. A Limited Partner shall <br />not become a General Partner by reason of his purchasing all <br />or any part of the interests of the Generai Fartners pursuant <br />to Section 16.6, and ne shall have no obligation to make any <br />additional Deficit Loans and capital contributions to the <br />Partnerahip required of the General Partners pursuant to <br />Sections T.1, 7.4 and ?.S. <br />16.6.E For purposes of Section 16.6, <br />the Gtnecal Partners, and each of them, hereby irrevocably <br />u <br /> <br /> <br />
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