notified Dr. Newman that he was no longer a Limited Partner. Exhibit D-16 is a copy of the January 10, 2014 letter.
28. On February 26, 2014, the General Partner sent Dr. Newman a letter enclosing a check for $315,680 representing full payment for his LP Units. Exhibit D-17 is a copy of the letter and check. Included with the letter was a Buy Back Statement that showed the calculation of the Agreed Value purchase price. Dr. Newman, however, rejected the check, claiming instead that the General Partner did not have the right to purchase his LP Units. Defendants remain able and willing to pay this Agreed Value amount to Dr. Newman.
29. In addition to Dr. Newman, the General Partner also elected to repurchase the LP Units from eight of
28. On February 26, 2014, the General Partner sent Dr. Newman a letter enclosing a check for $315,680 representing full payment for his LP Units. Exhibit D-17 is a copy of the letter and check. Included with the letter was a Buy Back Statement that showed the calculation of the Agreed Value purchase price. Dr. Newman, however, rejected the check, claiming instead that the General Partner did not have the right to purchase his LP Units. Defendants remain able and willing to pay this Agreed Value amount to Dr. Newman.
29. In addition to Dr. Newman, the General Partner also elected to repurchase the LP Units from eight of