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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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$t~-~: U04996 <br />56 <br />positive (aggregate) balance of the capital account(s) of <br />-such class of Partners, over (B) the Desired Capital Halance <br />of such class of Partners (as defined in Section 21.8). <br />21,4.2 Loss shall next be charged to <br />the capital accounts of the Partners, in the case of each <br />class in proportion to, and to the extent of, the excess, <br />if any, of {A) the positive aggregate balance of the capital <br />accounts of such class of Partners, over (H) the Preference <br />of such class of Partners (as defined in Section 21.9). <br />27.4.3 Loss shall next be charged <br />to the capital accounts of the Limited Partners to the extent <br />necessary to make the aggregate balance thereof equal to 99 <br />times the excess, if any, of (i) the aggregate balance of the <br />capital accounts of the General Partners, over {ii} the <br />General Partners' Priority. <br />27.4.4 Loss shall next be charged to <br />the capital accounts of the General Partners to the extent <br />necessary to make the aggregate balaf~ce thereof equal to the <br />sum of (i} the General Partners' Priority, and (ii) 1/99 of <br />the aggregate positive balance of the capital accounts of the <br />Limited Fanners. <br />27,4,5 Loss shall next be charged to <br />the capital acoounta of the Partners until the aggregate <br />balance of the capital acrnunts of the General Partners <br /> <br />_.__! <br /> <br />
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