Common use of Automatic Dissolution Clause in Contracts

Automatic Dissolution. The Partnership shall be automatically and without notice dissolved upon the happening of any of the following events: 11.2.1 The sale or abandonment of all or substantially all of the Partnership’s business and assets; provided, however, that any such sale or abandonment may only be made pursuant to the unanimous written consent of Partners; 11.2.2 Any event which shall make it unlawful for the business of the Partnership to be carried on; or 11.2.3 Any event which, under the partnership law of the State of Maine, requires or results in dissolution of the Partnership.

Automatic Dissolution. The Partnership shall be automatically and without notice dissolved upon the happening of any of the following events: 11.2.1 14.2.1 The sale or abandonment of all or substantially all of the Partnership’s 's business and assets; provided, however, that any such sale or abandonment may only be made only pursuant to the unanimous written consent of all Partners;; or 11.2.2 14.2.2 Any event which shall make it unlawful for the business of the Partnership to be carried on; or 11.2.3 Any event which, under the partnership law of the State of Maine, requires or results in dissolution of the Partnership.