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FIRST AMENDED PARTNERSHIP AGREEMENT
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FIRST AMENDED PARTNERSHIP AGREEMENT
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1/6/2010 3:53:22 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
11/15/1989
LONG TERM AGREEMENTS - NAME
RVC INVESTMENTS INC
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06 (Long Term Agreements)
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
RIDGE VIEW COMMONS
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shall describe any such change in circumstances and shall <br /> represent and warrant that any such change shall not have a <br /> material effect on the Partnership or on the tax consequences of <br /> the Limited Partner from an investment in the Partnership as <br /> projected on the date of this Agreement and (iv) the <br /> Partnership is not in default under any of the Mortgages or other <br /> obligation or the Partnership is in default and that receipt of <br /> the payment due under the Investor Note will cure any default and <br /> will be so used and (y) the covenants in said certificate shall <br /> be true and correct on the date thereof and on the payment date. <br /> 5.3. Additional Contributions. <br /> Except as set forth in this Section 5 as to the General <br /> Partner and Section 5.2 as to Limited Partners, a Partner <br /> shall not be required to make any Contribution or otherwise <br /> advance funds to the Partnership. A Limited Partner shall not be <br /> personally liable for payment or performance of any Partnership <br /> obligation, except to the extent that a Partner may be required <br /> to return a Distribution to the Partnership under Section 15666 <br /> of the Act. <br /> 5.4. No Interest on Capital. <br /> The Partnership shall not pay to any Partner interest upon <br /> any Contribution or upon undistributed or reinvested Profits. <br /> 5.5. Withdrawals and Return of Capital. <br /> Except as specifically provided in Section 6, a Partner <br /> shall not have the right to demand return of any Contribution or <br /> to withdraw any other portion of Partnership capital. If the <br /> Partnership Property remaining after the payment or discharge of <br /> -15- <br />
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