Dissolution of Partnership. The Partnership shall be dissolved upon the expiration of its term or the earlier occurrence of any of the following events.
Dissolution of Partnership. 61 15.2 Return of Capital Contribution upon Dissolution .................................... 61 15.3
Dissolution of Partnership. (a) The Partnership shall be dissolved and its affairs wound up upon the first to occur of the following events:
Dissolution of Partnership. If both parties desire that the domestic partnership be terminated, they will no longer be deemed domestic partners by the District or the State, and eligibility will end six months following notification of dissolution to the District. If Form NP/SF DP-1 has been filed with the State, then the employee must file the Notice of Termination of Domestic Partnership (NP/SF DP-2) with the Secretary of State. In the case of opposite gender partnerships, since District guidelines do not require opposite sex partners to become Domestic Partners, notice of the dissolution of an opposite gender relationship must be delivered to the Human Resources Department in the form of a notarized letter signed by both parties. Exhibit A CONTINUATION OF COVERAGE FOR DOMESTIC PARTNERS This all makes sense; however, the fact that this section is deemed necessary is further proof that the equation of marriage and domestic partnership is a false analogy.
Dissolution of Partnership. Subject to the provisions of Section 8.4, in the event of the filing of a petition in bankruptcy, insolvency or for dissolution, or in the event of the removal or resignation of the General Partner, the Partnership shall thereupon be dissolved and terminated pursuant to Article XI. The date of the General Partner's filing of such petition for bankruptcy, insolvency or for dissolution, or the date of such removal or resignation, whichever is applicable, shall be deemed the last day of a Fiscal Year, unless the Partnership is continued pursuant to Section 8.4. If the Limited Partners fail to continue the business of the Partnership as provided in Section 8.4, the Partnership shall forthwith be terminated and the Partnership shall be dissolved as required by law.
Dissolution of Partnership. Dissolution of Partnership refers to terminal of old partnership agreement (i.e., Partnership Deep) and a reconstruction the firm. It may take place on · Change in profit sharing ratio among the existing partner: · Admission of a partner; and · Retirement of Death of partner. Five Clauses Every Partnership Agreement Needs Additionally, partnership agreements address anticipated “change” such as succession, growth, retirement, and dissolution. Essentially, these agreements help you plan ahead for the good times and bad times. The Benefits – What a Partnership Agreement Can Do for Your Business How to Write a Partnership Agreement (with Pictures) - wikiHow If you are running your business with one or more partners, having a clear and complete partnership agreement in place is essential for those moments when the group doesn’t quite see eye to eye.
Dissolution of Partnership. The Partnership shall continue until dissolved as herein provided. Except as provided in Section 4.2 hereof or in Section 5.2 of the Agency Agreement, no Partner shall cause the Partnership to be dissolved without the prior written consent of the other Partner. Upon dissolution of the Partnership, the provisions of Section 5.2, 5.3 and 5.4 of the Agency Agreement shall apply, as the case may be.
Dissolution of Partnership. Unless otherwise agreed by the parties hereto, the Partnership shall terminate on the date (the “Termination Date”) of the occurrence of any of the following events:
Dissolution of Partnership. 10.1 The Partnership may be dissolved in accordance with the terms provided in the Shareholders Agreement.
Dissolution of Partnership. No act, thing, occurrence, event or circumstance shall cause or result in the dissolution of the Partnership, except the matters specified in Section 7.2 below.