Involuntary Withdrawal of a Partner Sample Clauses

Involuntary Withdrawal of a Partner. Events resulting in the involuntary withdrawal of a Partner from the Partnership will include but not be limited to: ● Death of a Partner; ● Partner mental incapacity; ● Partner disability preventing reasonable participation in the Partnership; ● Partner incompetence; ● Breach of fiduciary duties by a Partner; ● Criminal conviction of a Partner; ● Expulsion of a Partner; ● Operation of Law against a Partner, or any act or omission of a Partner that can reasonably be expected to bring the business or societal reputation of the Partnership into disrepute.
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Involuntary Withdrawal of a Partner. (a) Events resulting in the involuntary withdrawal of a Partner from the Firm will include but not be limited to: death of a Partner; Partner mental incapacity; Partner disability preventing reasonable participation in the Firm; Partner incompetence; breach of fiduciary duties by a Partner; criminal conviction of a Partner; Expulsion of a Partner; Operation of Law against a Partner; or any act or omission of a Partner that can reasonably be expected to bring the business or societal reputation of the Firm into disrepute.
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Related to Involuntary Withdrawal of a Partner

  • Withdrawal of Members A member may withdraw from this LLC by giving written notice to all other members at least days before the date the withdrawal is to be effective.

  • Withdrawal of Resignation An Employee who has terminated her employment through resignation, may withdraw her resignation within three (3) days of the time it was submitted to the Employer.

  • No Withdrawal No Person shall be entitled to withdraw any part of such Person’s Capital Contribution or Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement.

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