Common use of Goodwill and Trade Name Clause in Contracts

Goodwill and Trade Name. Upon the dissolution of the Partnership, the firm or trade name of the Partnership and any goodwill associated therewith shall become the sole property of the General Partner, provided that distributions and allocations otherwise due to the General Partner shall not be reduced as a result of the General Partner becoming entitled to such assets.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Medcath Corp), Limited Partnership Agreement (Medcath Corp), Limited Partnership Agreement (Medcath Corp)

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