Dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written consent of the Partners. In addition, the Partnership shall be dissolved upon (a) the resignation of the General Partner, (b) the final judgment by a court having jurisdiction over the General Partner adjudicating the General Partner to be bankrupt, or (c) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy of the Limited Partner result in the dissolution of the Partnership.
Appears in 13 contracts
Sources: Limited Partnership Agreement (HEALTHSOUTH of Toms River, Inc.), Limited Partnership Agreement (HEALTHSOUTH of Toms River, Inc.), Limited Partnership Agreement (HEALTHSOUTH of Toms River, Inc.)
Dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written consent of the Partners. In addition, the Partnership shall be dissolved upon (a) the resignation vote to do so of the General Partner, Partners or (b) the final judgment by a court having jurisdiction over the General Partner adjudicating the General Partner to be bankrupt, or (c) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy of the Limited Partner result in the dissolution of the Partnership.
Appears in 7 contracts
Sources: Limited Partnership Agreement (Marietta Surgical Center, Inc.), Limited Partnership Agreement (Marietta Surgical Center, Inc.), Limited Partnership Agreement (Marietta Surgical Center, Inc.)
Dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written consent of the Partners. In addition, the Partnership shall be dissolved upon dissolve (a) at such time as the resignation business of the General PartnerPartnership has been terminated and all of the assets of the Partnership have been sold or otherwise disposed of, or (b) upon the final judgment by dissolution, bankruptcy or withdrawal from the Partnership of a court having jurisdiction over the General Partner adjudicating the General Partner to be bankrupt, or (c) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy of the Limited Partner result in the dissolution of the PartnershipPartner.
Appears in 2 contracts
Sources: General Partnership Agreement, General Partnership Agreement (Ranch Golf Club, LLC)
Dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written consent In the event of the Partners. In additionbankruptcy, the Partnership shall be dissolved upon (a) the resignation or expulsion of the General Partner, (b) the final judgment by a court having jurisdiction over Partnership shall dissolve, except upon the General Partner adjudicating the General Partner to be bankrupt, or (c) the expiration unanimous consent of the term of the Partnership. In no event shall the dissolution or bankruptcy of the Limited Partner result in the dissolution of remaining Partners agreeing to continue the Partnership.
Appears in 1 contract
Sources: Limited Partnership Agreement (Roma Fort Worth Inc)
Dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written consent of the Partners. In addition, the Partnership shall be dissolved upon the occurrence of any of the following events:
(a) The agreement in writing by all Partners to dissolve the resignation Partnership;
(b) The entry of a decree of judicial dissolution of the Partnership pursuant to Section 17-802 of the Act; or
(c) The withdrawal, Bankruptcy or Insolvency, or Dissolution or Termination, of the General Partner, (b) the final judgment by a court having jurisdiction over the if no substitute General Partner adjudicating the General Partner to be bankrupt, or (c) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy is selected by written consent of the Limited Partner result in the dissolution within 90 days of the Partnershipdate of withdrawal, Bankruptcy or Insolvency, or Dissolution or Termination, of the General Partner.
Appears in 1 contract
Sources: Limited Partnership Agreement (Federal Realty Investment Trust)
Dissolution of the Partnership. The resignation of the General Partner shall cause a dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written consent of the Partners. In addition, the Partnership shall also be dissolved upon (a) the resignation of the General Partner, (b) the final judgment by a court having jurisdiction over the General Partner adjudicating the General Partner to be bankrupt, or (cb) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy death of the any Limited Partner result in the dissolution of the Partnership.
Appears in 1 contract
Sources: Amendment to Agreement and Certificate of Limited Partnership (HEALTHSOUTH of Toms River, Inc.)
Dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written Upon unanimous consent of the Partners, the Partnership may be dissolved. In additionOn dissolution of the Partnership, the affairs of the Partnership shall be dissolved upon (a) wound up, the resignation of assets liquidated, the General Partnerdebts paid, (b) and the final judgment by a court having jurisdiction over remaining funds divided among the General Partner adjudicating the General Partner Partners, each according to be bankrupt, or (c) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy of the Limited Partner result their then net worth in the dissolution of the PartnershipPartnership business.
Appears in 1 contract
Sources: General Partnership Agreement