CERTIFICATE OR ANY CERTIFICATE OF AMENDMENT HAS
BEEN EXECUTED, COPIES OF THE PARTNERSHIP'S FEDERAL, STATE AND LOCAL INCOME TAX
RETURNS AND REPORTS, IF ANY, FOR THE THREE MOST RECENT YEARS, COPIES OF THIS
AGREEMENT AND OF ANY FINANCIAL STATEMENTS OF THE PARTNERSHIP FOR THE THREE MOST
RECENT YEARS AND ALL OTHER RECORDS REQUIRED TO BE MAINTAINED PURSUANT TO THE ACT
SHALL BE MAINTAINED AT THE PRINCIPAL BUSINESS OFFICE OF THE PARTNERSHIP.
4.2
ANNUAL FINANCIAL STATEMENTS AND VALUATION.
WITHIN NINETY (90) DAYS AFTER THE END OF EACH FISCAL YEAR, THE GENERAL PARTNER,
AT PARTNERSHIP EXPENSE, SHALL PREPARE AND MAIL TO EACH LIMITED PARTNER AND TO
EACH FORMER PARTNER WHO WITHDREW DURING SUCH FISCAL YEAR (OR TO SUCH FORMER
PARTNER'S LEGAL REPRESENTATIVE, AS APPLICABLE) (I) A SUMMARY DESCRIPTION OF EACH
ACQUISITION OR DISPOSITION BY THE PARTNERSHIP DURING THE PREVIOUS FISCAL YEAR,
INCLUDING ANY TRANSACTIONS WITH ANY GP AFFILIATE, AND (II) A STATEMENT OF ALL
DISTRIBUTIONS MADE TO SUCH PARTNER DURING THE PREVIOUS FISCAL QUARTER AND THE
PREVIOUS FISCAL YEAR AND SUCH PARTNER'S CAPITAL ACCOUNT BALANCE.
THE GENERAL
PARTNER SHALL ALSO FURNISH TO THE LIMITED PARTNERS A BALANCE SHEET AND
SCHEDULE OF INVESTMENTS OF THE PARTNERSHIP AS OF THE END OF THE FISCAL YEAR AND
STATEMENTS OF OPERATIONS, AND CASH FLOW FOR SUCH FISCAL YEAR, IN EACH CASE
CERTIFIED BY THE GENERAL PARTNER AS TRUE AND CORRECT AND PREPARED IN ACCORDANCE
WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES AS CUSTOMARILY IMPLEMENTED BY
DCT.
CONSISTENT WITH THE REQUIREMENTS OF GENERALLY ACCEPTED ACCOUNTING
PRINCIPLES, THE PARTNERSHIP'S ASSETS WILL BE PRESENTED ON A BOOK VALUE BASIS.
4.3
QUARTERLY FINANCIAL STATEMENTS.
WITHIN
SIXTY (60) DAYS AFTER THE END OF EACH OF THE FIRST THREE (3) QUARTERS OF EACH
FISCAL YEAR, THE GENERAL PARTNER SHALL MAIL TO EACH LIMITED PARTNER UNAUDITED
BALANCE SHEETS, AN UNAUDITED CASH FLOW STATEMENT AND AN UNAUDITED INCOME
STATEMENT OF THE PARTNERSHIP AS AT SUCH QUARTER-END.
THE GENERAL PARTNER SHALL
ALSO PROVIDE THE PARTNERS WITH A QUARTERLY REPORT OF THE PARTNERSHIP'S BUSINESS
AND ACTIVITIES, INCLUDING A SUMMARY OF INVESTMENTS AND DISPOSITIONS MADE DURING
THE PRIOR QUARTER.
4.4
INSURANCE.
THE GENERAL PARTNER SHALL CAUSE
THE PROPERTIES TO BE INSURED IN ACCORDANCE WITH CUSTOMARY PRACTICES.
IN ANY
EVENT, THE INSURANCE COVERAGE SHOULD BE NO LESS THAN COMPARABLE INSURANCE
CARRIED BY DCT AND ITS SUBSIDIARIES ON PROPERTIES SIMILAR TO THE PROPERTIES.
7
4.5
RIGHT TO INFORMATION.
EACH PARTNER SHALL
HAVE THE RIGHT AT ALL REASONABLE TIMES DURING USUAL BUSINESS HOURS TO EXAMINE
AND MAKE COPIES OF OR EXTRACTS FROM THE BOOKS OF ACCOUNT AND RECORDS OF THE
PARTNERSHIP AND TO HAVE SUCH MATERIALS AUDITED AT SUCH PARTNER'S EXPENSE.
THE
GENERAL PARTNER SHALL PROMPTLY FURNISH TO THE PARTNERS (I) SUCH OTHER
INFORMATION BEARING ON THE FINANCIAL CONDITION AND OPERATIONS OF THE PARTNERSHIP
OR THE STATUS OF THE PROPERTY AS A PARTNER MAY FROM TIME TO TIME REASONABLY
REQUEST AND (II) SUCH INFORMATION AS CABOT DEEMS NECESSARY OR APPROPRIATE TO
COMPLY WITH THE TAX DISCLOSURE, LIST MAINTENANCE AND REGISTRATION REQUIREMENTS
OF SECTIONS 6011, 6111 AND 6112 OF THE CODE AND