their assignees and successors. The Advisory Committee will review the General Partner's determination of the value of the Portfolio Securities and Net Asset Value of the Partnership (1) on an annual basis, (11) as of each Record Date determined pursuant to Section 8.2(d), and (in) any other time that Portfolio Secunties or proceeds of the sale of Portfolio Secunties are distributed to the Partners pursuant to the terms of this Agreement. If the Advisory Committee objects to the General Partner's determination of the value of the Portfolio Secunties and Net Asset Value of the Partnership and the General Partner does not revise its determination of the value of the Portfolio Secunties and Net Asset Value of the Partnership to the satisfaction of the Advisory Committee, then the Advisory Committee, upon the affirmative vote of 66-2/3% of its members, shall be entitled to appoint an independent appraiser of nationally recognized standing who shall not have a matenal relationship with the General Partner or any member of the Advisory Committee. The independent appraiser shall consider only those items of disagreement between the Advisory Committee and the General Partner and shall deliver to the Advisory Committee and General Partner a finding on the items of disagreement and a final valuation of the Portfolio Secunties and determination of Net Asset Value of the Partnership. The decision of such independent appraiser shall be final and binding upon the Advisory Committee, General Partner, and all Partners and their successors and assigns. The General Partner shall not be liable to the Partnership or any Partner for honest mistakes of judgment made in good faith or for losses or liabilities due to such mistakes. SECTION 16. BANK ACCOUNTS The Capital Contnbutions of the Partners and all subsequent funds received by the Partnership may be initially deposited in an account in the name of the Partnership at such banks or other institutions or savings and loan associations as the General Partner shall select Disbursements therefrom may be made by the General Partner in conformity with the purposes of this Agreement. The General Partner may designate from time to time those Persons authonzed to execute checks and other items on the Partnership bank accounts. The funds of the Partnership shall not be 111