Events Not Giving Rise to Dissolution Sample Clauses

Events Not Giving Rise to Dissolution. Notwithstanding any rule of law or equity to the contrary, the Limited Partnership shall not be dissolved or terminated except in the manner provided for in this Agreement. For greater certainty and without limiting the generality of the foregoing, it is hereby confirmed that none of the removal or resignation of the General Partner, the admission of new Partners or the transfer of an interest in the Limited Partnership by any Partner shall give rise to a dissolution or termination of the Limited Partnership.
AutoNDA by SimpleDocs
Events Not Giving Rise to Dissolution. Notwithstanding any rule or law or equity to the contrary, the Partnership shall not be dissolved except in accordance with this Agreement. In particular, but without restricting the generality of the foregoing, the Partnership shall not be dissolved or terminated by the removal, actual or deemed resignation, death, incompetence, bankruptcy, insolvency, other disability or incapacity, dissolution, liquidation, winding-up or receivership, or the admission, resignation or withdrawal of any Partner.

Related to Events Not Giving Rise to Dissolution

  • Events Causing Dissolution Subject to Section 9.2, the Company shall be dissolved upon the first of the following events to occur:

  • Events of Dissolution The Company shall be dissolved upon the happening of any of the following events:

  • Dissolution Events The Company will be dissolved upon the happening of any of the following events:

  • Liquidation or Dissolution In the event the Company is liquidated or dissolved, the assets of the Company shall be distributed to the Members in accordance with the provisions of Section 11.

  • Limitations on Payments Made in Dissolution Except as otherwise specifically provided in this Agreement, the Member shall only be entitled to look solely to the assets of Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution or otherwise) against any Manager.

  • Effective Date of Dissolution Any dissolution of the Company shall be effective as of the date on which the event occurs giving rise to such dissolution, but the Company shall not terminate unless and until all its affairs have been wound up and its assets distributed in accordance with the provisions of the Act and the Certificate is cancelled.

  • Notice of Dissolution In the event a Liquidating Event occurs or an event occurs that would, but for the provisions of an election or objection by one or more Partners pursuant to Section 13.1, result in a dissolution of the Partnership, the General Partner shall, within thirty (30) days thereafter, provide written notice thereof to each of the Partners.

Time is Money Join Law Insider Premium to draft better contracts faster.