Common use of Dissolution of the Partnership Clause in Contracts

Dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written consent of the Partners. In addition, the Partnership shall be dissolved upon (a) the resignation of the General Partner, (b) the final judgment by a court having jurisdiction over the General Partner adjudicating the General Partner to be bankrupt, or (c) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy of the Limited Partner result in the dissolution of the Partnership.

Dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written Upon unanimous consent of the Partners, the Partnership may be dissolved. In additionOn dissolution of the Partnership, the affairs of the Partnership shall be dissolved upon (a) wound up, the resignation of assets liquidated, the General Partnerdebts paid, (b) and the final judgment by a court having jurisdiction over remaining funds divided among the General Partner adjudicating the General Partner Partners, each according to be bankrupt, or (c) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy of the Limited Partner result their then net worth in the dissolution of the PartnershipPartnership business.

Dissolution of the Partnership. The resignation of the General Partner shall cause a dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written consent of the Partners. In addition, the Partnership shall also be dissolved upon (a) the resignation of the General Partner, (b) the final judgment by a court having jurisdiction over the General Partner adjudicating the General Partner to be bankrupt, or (cb) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy death of the any Limited Partner result in the dissolution of the Partnership.

Dissolution of the Partnership. The Partnership may be dissolved at any time by mutual written consent of the Partners. In addition, the Partnership shall be dissolved upon dissolve (a) at such time as the resignation business of the General PartnerPartnership has been terminated and all of the assets of the Partnership have been sold or otherwise disposed of, or (b) upon the final judgment by dissolution, bankruptcy or withdrawal from the Partnership of a court having jurisdiction over the General Partner adjudicating the General Partner to be bankrupt, or (c) the expiration of the term of the Partnership. In no event shall the dissolution or bankruptcy of the Limited Partner result in the dissolution of the PartnershipPartner.