Common use of Event of Dissolution Clause in Contracts

Event of Dissolution. The Partnership shall be dissolved upon the earliest of: (a) a date designated by written agreement of the General Partner and the Class A Limited Partner or in a notice to dissolve, provided pursuant to Section 2.01, from the Class A Limited Partner to the General Partner; (b) the withdrawal, Bankruptcy or dissolution of a General Partner unless (i) the remaining General Partner, if any, agrees to continue the Partnership or (ii) if there is no remaining General Partner, within thirty (30) days a majority in interest of the remaining Partners agree in writing to continue the Partnership and admit a new General Partner; (c) at 12:00 midnight, on the date provided for in Section 2.01, unless extended by agreement of the Partners; and (d) a date designated in a notice to dissolve by the Board of Directors provided pursuant to the terms of Section 3.02.