Common use of Events Not Causing Dissolution Clause in Contracts

Events Not Causing Dissolution. Notwithstanding any rule of law or equity to the contrary, the Partnership shall not be dissolved except in accordance with this Agreement. In particular, but without restricting the generality of the foregoing, the Partnership shall not be dissolved or terminated by the actual or deemed resignation, removal, death, incompetence, bankruptcy, insolvency, other disability or incapacity, dissolution, liquidation, winding-up or receivership, or withdrawal of the General Partner or any Limited Partner or by the assignment, transfer or transmission of any Unit.

Appears in 1 contract

Sources: Partnership Agreement

Events Not Causing Dissolution. Notwithstanding any rule of law or equity Subject to the contraryapplicable Law, the Partnership shall not be dissolved or terminated except in accordance with this Agreement. In Agreement and, in particular, but without restricting the generality of the foregoinglimitation, the Partnership shall not be dissolved or terminated by the actual or deemed resignation, removal, death, incompetence, bankruptcy, insolvency, other disability or incapacity, dissolution, liquidation, winding-up or receivership, receivership or withdrawal of the General Partner or any Limited Partner or by the assignment, transfer or transmission Transfer of any UnitProportionate Share or any other interest in the Partnership.

Appears in 1 contract

Sources: Purchase Agreement (New Gold Inc. /FI)