Common use of Dissolution and Winding Up of the Partnership Clause in Contracts

Dissolution and Winding Up of the Partnership. On dissolution of the Partnership, the General Partners or if there is no General Partner, one or more persons approved by Limited Partners holding a majority in interest of the Capital Accounts of the Limited Partners) shall wind up the Partnership's affairs and shall distribute the Partnership's assets in the following manner and order:

Appears in 12 contracts

Samples: Seidman Lawrence B, Seidman Lawrence B, Seidman Lawrence B

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Dissolution and Winding Up of the Partnership. On dissolution of the Partnership, the General Partners (or if there is no General Partner, one or more persons approved by Limited Partners holding a majority in interest ininterest of the Capital Accounts of the Limited Partners) shall wind up the Partnership's affairs and shall distribute the Partnership's assets in the following manner and order:

Appears in 3 contracts

Samples: Agreement (Seidman Lawrence B), Seidman Lawrence B, Seidman Lawrence B

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