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SECTION 5: PARTNERS AND CAPITAL <br /> 5.1. General Partner's Contributions. <br /> The General Partner's total Contributions to the Partnership <br /> at all times shall be $72,727. <br /> 5.2 Limited Partner's Capital Contribution. <br /> (a) The Limited Partner's Contribution shall be payable <br /> $900,000 on the date of this Agreement and the balance in the <br /> form of an Investor Note which is attached to this Agreement as <br /> Exhibit C and incorporated herein by this reference, which <br /> Investor Note shall be secured by the Limited Partner's <br /> partnership interest pursuant to a security agreement to be <br /> executed in favor of the Partnership in the form of Exhibit D. <br /> (b) At least twenty (20) days before a payment is due under <br /> the Investor Note, and as a condition thereto, (x) the General <br /> Partner shall notify the Limited Partner in writing of the <br /> payment amount due and where the payment should be sent and shall <br /> provide a written statement in the form of a certificate <br /> covenanting that (i) the General Partner has satisfied and <br /> continues to satisfy all of its material obligations under this <br /> Agreement, (ii) the federal Low Income Housing Credit has not <br /> been repealed in a manner that would deny the Limited Partner the <br /> credit for any remaining years of the credit period (as defined <br /> in Section 42 of the Code), (iii) the covenants, representations <br /> and warranties set forth in Section 7.14 are true and correct as <br /> of the date of the certificate or, to the extent any such <br /> representations and warranties are no longer true and correct, <br /> -14- <br />