Events Causing Dissolution definition

Events Causing Dissolution. The Partnership shall be dissolved and its affairs wound up as soon as reasonably practicable upon the earliest to occur of: 11.1.1 The withdrawal of the General Partner, unless the Majority Limited Partners, within ninety (90) calendar days of the date of such event, elect to reconstitute the Partnership and continue its business and a successor General Partner is elected in accordance with SECTION 10.5 hereof; 11.1.2 The General Partner determines that the Partnership should be dissolved and so advises the Limited Partner in writing, and such determination is approved by the Limited Partners; 11.1.3 The receipt of the final sum due with respect to the sale or other disposition of all or substantially all of the assets of the Partnership; or 11.1.4 Entry of a decree of judicial dissolution under the Act.
View Source

Examples of Events Causing Dissolution in a sentence

  • A-29 Section 8.1 Events Causing Dissolution .........................................................

  • A-30 Article VIII - Dissolution, Liquidation and Termination of the Partnership A-31 Section 8.1 Events Causing Dissolution ...............................A-31 Section 8.2 Liquidation ....................................................

  • Severability 20 8.1. Tax Returns 21 8.2. Tax Characterization 21 8.3. Maintenance of Books 21 8.4. Bank Accounts 21 9.1. Events Causing Dissolution 21 9.2. Effect of Dissolution 22 9.3. Application of Proceeds 22 9.4. Certificate of Cancellation 22 10.1. Title to the Property 23 10.2. Nature of Interest in the Company 23 10.3. Intentionally Omitted 23 10.4. Notices 23 10.5. Waiver of Default 23 10.6. No Third Party Rights 24 10.7. Entire Agreement 24 10.8. Amendment 24 10.9. Severability 24 10.10.

  • Events Causing Dissolution ............................................

  • Events Causing Dissolution ..............................................................................55 Section 9.03.

  • Events Causing Dissolution.......................................

  • Events Causing Dissolution..................................................

  • Events Causing Dissolution and Winding Up. Code and the Regulations issued thereunder, is the centerpiece of each LLC.

  • Dissolution, Liquidation and Termination of the Membership 20 Section 9.1 Events Causing Dissolution 20 Section 9.2 Liquidation; Sale of Substantially All of the Assets 21 Section 9.3 Distributions in Kind 21 Article 10.

  • Section 7.1 Events Causing Dissolution.....................................................................

Related to Events Causing Dissolution

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Early Dissolution Event has the meaning specified in Section 9.2.

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Event of dissociation means any of the events listed in Section 8.1 upon which the Member ceases to be a Member.