My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
PERMFILE106467
DRMS
>
Back File Migration
>
Permit File
>
100000
>
PERMFILE106467
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/24/2016 9:59:11 PM
Creation date
11/24/2007 1:48:43 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1977153
IBM Index Class Name
Permit File
Doc Name
CERTIFICATE OF LIMITED PARTNERSHIP OF HAZELTINE INVESTMENT ASSOCIATION A LIMITED PARTNERSHIP
Media Type
D
Archive
No
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
22
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />~~ <br />~~~x1~9d P~~ ~ <br />8. Capital contributions shall be made as set <br />forth on Schedule "A" attached hereto ?and by this reference <br />made a part ]iereof. <br />(a) The General Partner may also be a <br />Limited Partner to the extent that it purchases Limited Partner- <br />ship interests, and to such extent shall be treated in all <br />respects as a Limited Partner. <br />(b) The General Partner and each of the Limited <br />Partners shall contribute to the capital of the Partnership, <br />in cash, the amounts set forth in Schedule "A" of this agree- <br />ment. Said sum being the initial contributions and annual <br />payments per unit set forth on said schedule shall constitute <br />the full contribution of each of said Limited Partners, however <br />at the option of the General Partner the yearly contributions <br />of the Limited Partners may be increased in the amount of <br />$250.00 per unit to cover taxes, insurance and any other expenses <br />which the General Partner may determine. The General Partner's <br />contribution shall be increased in like manner. <br />9. In the event any Limited Partner shall fail to <br />make payment to the General Partner of amounts coming due under <br />Schedule "A" hereof, the General Partner may, at its option: <br />(1) Advance sufficient funds to meet the <br />payment due and charge the defaulting Limited Partner accordingly <br />with interest to 10 percent per annum; <br />(2) Sell the defaulting Limited Partner's interest <br />at public or private sale to another Limited Partner or such <br />person as the General Partner may select, for such amount <br />as the General Fartner believes is the best price obtainable. <br />The amount so received shall be applied to all amounts due the <br />Partnership from said defaulting Limited Partner, including all <br />costs and expenses of sale of those resulting from such default,. <br />after which the balance shall be remitted to the defaulting <br />Limited Partner. <br />(3) Seek such other relief as may be available <br />as law. <br />-4- <br />
The URL can be used to link to this page
Your browser does not support the video tag.