Common use of Certificate of Termination Clause in Contracts

Certificate of Termination. Upon the dissolution of the Partnership and the completion of the liquidation and winding up of the Partnership’s affairs and business, the General Partner shall, on behalf of the Partnership, prepare and file a certificate of termination with the Texas Secretary of State, as required by the TBOC. When such certificate is filed, the Partnership’s existence shall cease.

Certificate of Termination. Upon the dissolution of the Partnership Company and the completion of the liquidation and winding up of the PartnershipCompany’s affairs and business, the General Partner Member shall, on behalf of the PartnershipCompany, prepare and file a certificate of termination with the Texas Secretary of State, as required by the TBOC. When such certificate is filed, the PartnershipCompany’s existence shall cease.