Common use of DISPOSITION OF INTEREST Clause in Contracts

DISPOSITION OF INTEREST. In the event of a Disposition of some or all of a Partner's Interest in the Company, the Capital Account of the Disposing Partner shall become the Capital Account of the Assignee, to the extent it relates to the portion of the Interest Disposed of.

Appears in 3 contracts

Sources: Limited Partnership Agreement (Access Health Inc), Agreement of Limited Partnership (Access Health Inc), Agreement of Limited Partnership (Access Health Inc)