Sharing of Profits. The Partners shall share Profits as follows: (i) First, to the General Partner and Limited Partners in proportion to their respective Negative Capital Account(s), if any, until such are equal to zero. (ii) Second, to each of the Partners based upon their percentage sharing of profits as described on Exhibit 2(a) (or as such percentages are changed pursuant to the terms hereof).
Appears in 2 contracts
Sources: Limited Partnership Agreement (Hops Grill & Bar Inc), Limited Partnership Agreement (Hops Grill & Bar Inc)