The undersigned consisting of all of the general and limited partners of ____________, a limited partnership agree:
That on ____________ a declaration of limited partnership was executed by:
________________________________________________________________
The initial capital contributions set forth in the agreement herein shall be held by _________________, as ESCROW AGENT, in an interest bearing trust account. All limited or general partners shall pay over their agreed capital contributions to the ESCROW AGENT, who shall provide a receipt for all funds received to the payee thereof.
As each capital contribution is received, the ____________ limited partnership shall deliver to ESCROW AGENT Limited Partnership certificates representing the interests paid for. These certificates shall be retained by ESCROW AGENT, in trust, pending reaching the “Break Escrow amount (defined below).”….
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