Event of Withdrawal Sample Clauses

Event of Withdrawal. “Event of Withdrawal” shall have the meaning ascribed to such term in Subsection 10.1(b).
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Event of Withdrawal. As to all Partners, an Event of Withdrawal occurs when a Partner: provides written notice to the Partnership of the Partner’s express will to withdraw as a partner; makes an assignment for the benefit of creditors; files a voluntary petition in bankruptcy; is adjudged a bankrupt or insolvent or has entered against such Partner an order for relief in any bankruptcy or insolvency proceeding which order is not dissolved within 60 days; files a petition or answer or certificate seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief; files an answer or other pleading failing to contest the material allegations in any bankruptcy or insolvency proceeding; becomes subject to the appointment of a receiver or trustee or liquidator of all or any part of the Partner’s property which includes their Units or Partnership Interest; fails to have vacated or stayed the appointment of a trustee, receiver or liquidator of the Partner or of all or any part of the Partner’s property which includes their Units or Partnership Interest within 60 days of the appointment; has been expelled from the Partnership by a final judicial decree; is subject to any order or judgment not stayed within 30 days of issuance attaching or foreclosing upon its Units or any part of its Partnership Interest; (or a controlling Person) is on the list of Specially Designated Nationals and Blocked Persons maintained by the Office of Foreign Assets Control or any similar list or is otherwise a Person the Partnership is prohibited from doing business with; commences any proceeding adverse to the Partnership; fails to pay two consecutive Capital Calls or fails to timely pay three Capital Calls whether or not consecutive; or transfers its Units or any Partnership Interest, as to the interest transferred. As to a Partner who is a natural Person, an Event of Withdrawal also occurs upon the Partner’s death, the appointment of a guardian or general conservator for the Partner or an adjudication of incompetency of the Partner. As to a Partner who is an entity, an Event of Withdrawal also occurs upon the termination, dissolution or cessation of business of the Partner.
Event of Withdrawal. Upon receipt of notice from the Company of the termination (including any partial termination) and distribution of the assets of a Participating Plan or of the withdrawal of any Participating Plan, or part thereof, from the Trust, the Trustee shall segregate the share of the assets of the Master Fund allocable to such Participating Plan, or part thereof, and shall dispose of such assets in accordance with the directions of the Company.
Event of Withdrawal. Event of Withdrawal" means with respect to the General Partner, the cessation of its status as a General Partner as a result of death, dissolution, Bankruptcy, incapacity, complete withdrawal, or any other reason, other than the dissolution of the Partnership.
Event of Withdrawal. 3 1.6 Fiscal Year................................................................................. 3 1.7
Event of Withdrawal. 2 1.20 Financial Instrument...............................2 1.21 Fiscal Year........................................3 1.22 Company............................................3 1.23 High Water Date....................................3 1.24 High Water Xxxx....................................3 1.24
Event of Withdrawal. UPON RECEIPT OF NOTICE FROM THE COMPANY OF THE TERMINATION (INCLUDING ANY PARTIAL TERMINATION) AND DISTRIBUTION OF THE ASSETS OF THE PLAN FROM THE TRUST, THE TRUSTEE SHALL SEGREGATE THE SHARE OF THE ASSETS OF THE TRUST ALLOCABLE TO THE PLAN, OR PART THEREOF, AND SHALL DISPOSE OF SUCH ASSETS IN ACCORDANCE WITH THE DIRECTIONS OF THE COMPANY. 11.2. DISQUALIFICATION. THE COMPANY SHALL PROMPTLY NOTIFY THE TRUSTEE IF THE PLAN HAS BEEN DISQUALIFIED UNDER SECTION 401 OF THE CODE. 11.3.
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Event of Withdrawal. 4 2.10 General Partner . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.11
Event of Withdrawal. 31 SECTION 12.3 Bankruptcy............................................................................... 31 SECTION 12.4 Continuation............................................................................. 31
Event of Withdrawal. Within ten (10) days after the occurrence of an Event of Withdrawal with respect to any Member, such Member (or such Member's legal representative or other successor in interest) shall give notice to the Company of the occurrence of such Event of Withdrawal. Except for the Bankruptcy of a Member, which shall result in an immediate Event of Withdrawal of such Member, any other Event of Withdrawal shall, in the absence of formal notice of such Event of Withdrawal as required in the preceding sentence, be deemed to occur upon the first date any other Member has actual notice of such Event of Withdrawal.
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