Common use of Other Partners Clause in Contracts

Other Partners. If the Partnership does not exercise its option to purchase all of the interest under Section 7.04A, for thirty (30) days after expiration of the Partnership's option or notice of the Partnership's intention not to exercise the option as to all or part of the interest, whichever occurs earlier, the other Partners shall have an option to purchase all of the remaining interest owned by the Bankrupt Partner at the price and on the terms provided in Article 8. Those Partners electing to purchase the remaining interest shall do so in proportion to their share ownership, or as they shall otherwise agree.

Other Partners. If the Partnership does not exercise its option to purchase all of the interest under Section 7.04A9.4A, for thirty (30) days after expiration of the Partnership's option or notice of the Partnership's intention not to exercise the option as to all or part of the interest, whichever occurs earlier, the other Partners shall have an option to purchase all of the remaining interest owned by subject to the Bankrupt Partner option at the price and on the terms provided in Article 88 or the price stated by the third party purchaser if less. Those Partners electing to purchase the remaining interest shall do so in proportion to their share ownership, or as they shall otherwise agree.

Other Partners. If the Partnership does not exercise its option to purchase all of the interest under Section 7.04A, 7.3A for thirty (30) days after expiration of the Partnership's option or notice of the Partnership's intention not to exercise the option as to all or part of the interest, whichever occurs earlier, the other Partners shall have an the option to purchase all of the remaining interest owned by the Bankrupt Partner former spouse at the price and on the terms provided in Article 8. Those Partners electing to purchase the remaining interest shall do so in proportion to their share ownership, or as they shall otherwise agree.