Common use of Bankruptcy or Dissolution Clause in Contracts

Bankruptcy or Dissolution. The General Partner, by agreeing to be bound by this Agreement, shall be deemed to resign as the General Partner upon its bankruptcy, insolvency, dissolution, liquidation or winding-up or upon the commencement of any act or proceeding in connection therewith which is not contested in good faith by the General Partner, or the appointment of a trustee in bankruptcy, receiver or receiver-manager of the affairs of the General Partner.

Bankruptcy or Dissolution. 15.4 The General Partner, Partner by agreeing to be bound by this Agreement, shall will be deemed to resign as the General Partner upon its in the event of the bankruptcy, insolvency, dissolution, liquidation or winding-winding up of the General Partner (or upon the commencement of any act or proceeding in connection therewith which is not contested in good faith by the General Partner, ) or the appointment of a trustee in bankruptcytrustee, receiver or receiver-manager of the affairs of the General Partner.Partner but the resignation will not be effective until, and the General Partner will not cease to be the General Partner until, the earlier of:

Bankruptcy or Dissolution. The General Partner, by agreeing to be bound by this Agreement, shall be deemed to resign as the General Partner upon its bankruptcy, insolvency, dissolution, liquidation or winding-winding up or upon the commencement of any act or proceeding in connection therewith which is not contested in good faith by the General Partner, or the appointment of a trustee in bankruptcy, receiver or receiver-receiver manager of the affairs of the General Partner.

Bankruptcy or Dissolution. The General Partner, by agreeing to be bound by this Agreement, shall Partner will be deemed to resign have submitted its resignation as the General Partner upon its bankruptcy, insolvency, dissolution, liquidation in the event of the bankruptcy or winding-up insolvency of the General Partner (or upon the commencement of any act or proceeding in connection therewith which is not contested in good faith by the General Partner, ) or the appointment of a trustee in bankruptcytrustee, receiver or receiver-manager of the affairs of the General Partner; but such resignation will not be effective until the admission of a new General Partner by Special Resolution.