Common use of Events Not Causing Winding-Up or Dissolution Clause in Contracts

Events Not Causing Winding-Up or Dissolution. Except as otherwise expressly provided herein, the Partnership shall not be wound up, dissolved or terminated by the resignation, removal, death, incompetence, bankruptcy, insolvency, dissolution, liquidation, winding-up or receivership of any Partner, or the admission, resignation or withdrawal of any Partner, or any other event or occurrence which would have the effect at law of winding-up, dissolving or terminating the Partnership.

Appears in 2 contracts

Sources: Partnership Agreement (Fording Canadian Coal Trust), Partnership Agreement (Fording Canadian Coal Trust)