Dissolution of the Fund. The Fund shall be dissolved upon the occurrence of any of the following: (a) The withdrawal, as defined in the Act, of a General Partner, unless the remaining General Partner, if any, elects in writing within 90 days after such event to reconstitute the Fund or to continue as the General Partner or the Limited Partners elect a new General Partner as provided herein and to continue the Fund and its business; (b) December 31, 2099, unless extended by the consent of all Partners; or (c) Subject to any obligations of the Fund, when approved by the General Partner. Nothing contained in this Section 6.7 is intended to grant to any Limited Partner the right to dissolve the Fund at will (by retirement, resignation, withdrawal, or otherwise).
Appears in 3 contracts
Sources: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement