Common use of Liquidating Partner Clause in Contracts

Liquidating Partner. Upon the occurrence of any Event of Dissolution described in Section 10.2, the Management Committee or its designee shall act as the “Liquidating Partner” and shall immediately proceed to wind up the affairs of the Partnership and liquidate it in the manner prescribed by this Section.

Appears in 3 contracts

Sources: General Partnership Agreement (Northwest Pipeline Gp), General Partnership Agreement (Northwest Pipeline Gp), General Partnership Agreement (Williams Pipeline Partners L.P.)