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JOHN B. WINSTON, Respondent, v. MEZZANINE INVESTMENTS, L.P., et al., Appellants.

We agree with the IAS Court that the word "cumulative", as used in the definition of the term "Priority Return" in the limited partnership agreement, is ambiguous and its intended meaning cannot be construed as a matter of law.

Concur — Rosenberger, J.P., Ross, Rubin, Nardelli and Tom, JJ.

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WINSTON v. MEZZANINE INVESTMENTS
(Apr 28, 1994)