Common use of Events Causing Termination Clause in Contracts

Events Causing Termination. The Partnership shall be terminated and its affairs wound up on the first to occur of the following: (a) the Withdrawal of any General Partner, unless the remaining General Partner or Partners, if any, or a Substitute General Partner admitted in accordance with Section 9.5 hereof, agree to continue the Partnership business pursuant to Section 9.5; or (b) an election to dissolve the Partnership made in writing by the General Partners with the Consent of a majority in interest of the Investor Limited Partners, or, subject to compliance with Section 13, hereof, made by a majority in interest of the Investor Limited Partners without action by the General Partners; or (c) the sale or other disposition of all or substantially all of the assets of the Partnership unless the General Partners elect to continue the Partnership business for the purpose of the receipt and collection of a note and payments thereon or the collection of any other consideration to be received in exchange for the assets of the Partnership (which activities shall be deemed to be a part of the Terminating Capital Transaction and the winding up of the affairs of the Partnership); or (d) the expiration of the Partnership term; or (e) any other event which causes the termination and dissolution of the Partnership under the Massachusetts Uniform Limited Partnership Act to the extent not otherwise provided herein.