Common use of Termination of Partnership Clause in Contracts

Termination of Partnership. The Partnership shall terminate when all assets of the Partnership, after payment of or due provision for all Liabilities of the Partnership, shall have been distributed to the Partners in the manner provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Act.

Appears in 19 contracts

Samples: Original Agreement (Howard Midstream Partners, LP), Original Agreement (Howard Midstream Partners, LP), Hess Midstream Partners LP

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Termination of Partnership. The Partnership shall will terminate when all of its assets of have been sold and the Partnershipnet proceeds therefrom, after payment of or due provision for the payment of all Liabilities debts, liabilities and obligations of the PartnershipPartnership to creditors and all reserves, shall have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle 12.

Appears in 11 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement

Termination of Partnership. The Partnership shall terminate when all assets of the Partnership, after payment of or due provision for all Liabilities of the Partnership, shall have been distributed to the Partners in the manner provided for in this Agreement, and the Certificate of Limited Partnership shall have been canceled in the manner provided by the Delaware Act.

Appears in 11 contracts

Samples: Noble Midstream Partners LP, Noble Midstream Partners LP, Noble Midstream Partners LP

Termination of Partnership. The Upon the completion of the liquidation of the Partnership and the distribution of all Partnership assets, the Partnership's affairs shall terminate when and the Board shall cause to be executed and filed an appropriate certificate, if required, to such effect in the proper governmental office or offices, as well as any and all assets other documents required to effectuate the termination of the Partnership, after payment of or due provision for all Liabilities of the Partnership, shall have been distributed to the Partners in the manner provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Act.

Appears in 10 contracts

Samples: Delta Energy Center, LLC, Delta Energy Center, LLC, Delta Energy Center, LLC

Termination of Partnership. The Partnership shall terminate when all of the assets of the Partnership, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner provided for in this AgreementArticle XIII hereof, and the Certificate of Limited Partnership shall have been canceled in the manner provided required by the Act.

Appears in 4 contracts

Samples: Agreement (Environtech Inc.), Environtech Inc., Environtech Inc.

Termination of Partnership. The Partnership shall terminate when all assets Upon the completion of the distribution of the Partnership, after payment 's assets and the proceeds of or due provision for all Liabilities of the Partnership, shall have been distributed to the Partners in the manner liquidation as provided for in this AgreementSection 12.3, and the Certificate Partnership shall have been canceled in the manner provided by the Actbe terminated.

Appears in 3 contracts

Samples: Partnership Agreement (Aol Time Warner Inc), Partnership Agreement (Aol Time Warner Inc), Partnership Agreement (Aol Time Warner Inc)

Termination of Partnership. The Partnership shall will terminate when all its assets of have been sold and the Partnershipnet proceeds therefrom, after payment of or due provision for the payment of all Liabilities debts, liabilities and obligations of the PartnershipPartnership to creditors, shall and any remaining assets, have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle 11.

Appears in 2 contracts

Samples: www.sec.gov, Kinder Morgan Canada LTD

Termination of Partnership. The Upon the completion of the liquidation of the Partnership and the distribution of all Partnership assets, the Partnership’s affairs shall terminate when and the Board shall cause to be executed and filed an appropriate certificate, if required, to such effect in the proper governmental office or offices, as well as any and all assets other documents required to effectuate the termination of the Partnership, after payment of or due provision for all Liabilities of the Partnership, shall have been distributed to the Partners in the manner provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Act.

Appears in 2 contracts

Samples: NRG Retail LLC, NRG Retail LLC

Termination of Partnership. The Except as otherwise provided in this Agreement, the Partnership shall terminate when all of the assets of the Partnership shall have been converted into cash, the net proceeds therefrom, as well as any other liquid assets of the Partnership, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner as provided for in this AgreementSection 5.03 and 13.05, and the Certificate of Limited Partnership shall have been canceled cancelled in the manner provided required by the Delaware Act.

Appears in 2 contracts

Samples: ielp.gcs-web.com, Icahn Enterprises Holdings L.P.

Termination of Partnership. The Partnership shall terminate when all assets of the Partnership, after payment of or due provision for all Liabilities of the Partnership, shall have been distributed to the Partners in the manner provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActTBOC.

Appears in 2 contracts

Samples: Midcoast Energy Partners, L.P., Midcoast Energy Partners, L.P.

Termination of Partnership. The Except as otherwise provided in this Agreement, the Partnership shall terminate when all of the assets of the Partnership, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle VI hereof.

Appears in 1 contract

Samples: Partnership Agreement (Oppenheimer Capital L P /De/)

Termination of Partnership. The Partnership shall terminate when all of the assets of the Partnership, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner provided for in this AgreementArticle 8, and the Certificate of Limited Partner of the Partnership shall have been be canceled in the manner provided required by the Act.

Appears in 1 contract

Samples: Investment Agreement (Airtouch Communications)

Termination of Partnership. The Partnership shall terminate when all of the assets of the Partnership, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner provided for in this AgreementArticle 8, and the Certificate of Limited Partnership of the Partnership shall have been be canceled in the manner provided required by the Act.

Appears in 1 contract

Samples: Airtouch Communications

Termination of Partnership. The Partnership shall terminate when all of its assets have been disposed of and the Partnershipnet proceeds therefrom, after payment of or due provision for the payment of, all Liabilities debts, liabilities and obligations of the Partnership, shall Partnership to creditors have been distributed to the Partners in the manner as hereinbefore provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle 13.

Appears in 1 contract

Samples: Agreement

Termination of Partnership. The Partnership shall will terminate when all of its assets have been disposed of and the Partnership, net proceeds therefrom (after payment of or due provision for the payment of, all Liabilities debts, liabilities and obligations of the Partnership, shall Partnership to creditors) have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle.

Appears in 1 contract

Samples: Limited Partnership Agreement (Brookfield Property Partners L.P.)

Termination of Partnership. The Partnership shall terminate when all of the assets of the Partnership, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner provided for in this AgreementArticle XI, and the Certificate of Limited Partnership shall have been canceled cancelled in the manner provided required by the Act.

Appears in 1 contract

Samples: Panhandle Eastern Pipe Line Co Lp

Termination of Partnership. The Partnership shall terminate when all of the assets of the Partnership, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner provided for in this AgreementSection 7.3, and the Certificate of Limited Partnership shall have been canceled cancelled in the manner provided required by the Act. Upon cancellation of the Certificate of Limited Partnership in accordance with the Act, this Agreement shall terminate.

Appears in 1 contract

Samples: Emergent Capital, Inc.

Termination of Partnership. The Partnership shall terminate when all of its assets of have been sold and the Partnershipnet proceeds therefrom, after payment of or due provision for the payment of all Liabilities debts, liabilities and obligations of the PartnershipPartnership to creditors, shall have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle 13.

Appears in 1 contract

Samples: Agreement

Termination of Partnership. The Partnership shall will terminate when all of its assets have been disposed of and the Partnershipnet proceeds there from, after payment of or due provision for the payment of all Liabilities debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle 16.

Appears in 1 contract

Samples: Limited Partnership Agreement

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Termination of Partnership. The Upon the completion of the distribution of Partnership assets and the proceeds of liquidation as provided in this Section 7.3, the Partnership shall terminate when all assets of the Partnership, after payment of or due provision for all Liabilities of the Partnership, shall have been distributed to the Partners in the manner provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Actbe terminated.

Appears in 1 contract

Samples: Partnership Agreement (Paxson Minneapolis License Inc)

Termination of Partnership. 16.10 The Partnership shall will terminate when all of its assets have been disposed of and the Partnershipnet proceeds therefrom, after payment of or due provision for the payment of all Liabilities debts, liabilities and obligations of the PartnershipPartnership to creditors, shall have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActPart 16.

Appears in 1 contract

Samples: Agreement

Termination of Partnership. The Partnership shall terminate when all of the assets of the Partnership, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners partners in the manner provided for in this Agreement, Article XIII and the Certificate of Limited Partnership shall have been canceled in the manner provided required by the Act.

Appears in 1 contract

Samples: O Ray Holdings Inc

Termination of Partnership. The Partnership shall terminate when all assets Upon the completion of the liquidation of the Partnership’s cash and property as provided in Section 11.3, after payment the Partnership will be terminated, a certificate of or due provision for termination shall be filed, all Liabilities qualifications of the Partnership, shall have been distributed to the Partners in the manner provided for in this AgreementPartnership as a foreign limited partnership will be canceled, and such other actions as may be necessary to terminate the Certificate Partnership shall have been canceled in the manner provided by the Actbe taken.

Appears in 1 contract

Samples: GPB Automotive Portfolio, LP

Termination of Partnership. The Partnership shall will terminate when all of its assets of have been sold and the Partnershipnet proceeds therefrom, after payment of or due provision for the payment of all Liabilities debts, liabilities and obligations of the PartnershipPartnership to creditors and all reserves, shall have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle 12.

Appears in 1 contract

Samples: Limited Partnership Agreement

Termination of Partnership. The Except as otherwise provided in this Agreement, the Partnership shall terminate when all of the remaining assets of the Partnership, including, without limitation, proceeds from the sale or other disposition of assets, after payment of or due provision for all Liabilities debts, liabilities, and obligations of the Partnership, shall have been distributed to the Partners in the manner as provided for in this AgreementSection 13.03 hereof, and the Certificate shall have been canceled in the manner provided required by the Act.

Appears in 1 contract

Samples: Agreement (Atlantic Oklahoma Wind, LLC)

Termination of Partnership. The Partnership shall terminate when all of its assets have been disposed of and the Partnership, net proceeds therefrom (after payment of or due provision for the payment of, all Liabilities debts, liabilities and obligations of the Partnership, shall Partnership to creditors) have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Actarticle.

Appears in 1 contract

Samples: Limited Partnership Agreement (Synergx Systems Inc)

Termination of Partnership. The Partnership shall will terminate when all assets of the Partnership, after payment of or due provision for all Liabilities of the Partnership, shall its Assets have been distributed to the Limited Partners entitled to receive the remaining assets of the Partnership in the manner provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Actaccordance with Section 9.1.

Appears in 1 contract

Samples: Limited Partnership Agreement (Mogo Inc.)

Termination of Partnership. 15.8 The Partnership shall will terminate when all of its assets have been disposed of and the Partnershipnet proceeds therefrom, after payment of or due provision for the payment of all Liabilities debts, liabilities and obligations of the PartnershipPartnership to creditors, shall have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Act.Part 16 AMENDMENT

Appears in 1 contract

Samples: Dynamotive Energy Systems Corp

Termination of Partnership. The Partnership shall terminate when all of its assets have been disposed of and the Partnership, net proceeds therefrom (after payment of of, or due provision for the payment of, all Liabilities debts, liabilities and obligations of the Partnership, shall Partnership to creditors) have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle XIV.

Appears in 1 contract

Samples: Limited Partnership Agreement (Thompson Creek Metals Co USA)

Termination of Partnership. The Upon the completion of the -------------------------- liquidation of the Partnership and the distribution of all Partnership Property, the Partnership's affairs shall terminate when all assets and the General Partner shall cause to be executed and filed a Certificate of Cancellation of the Partnership's Certificate of Limited Partnership pursuant to the Act, after payment of or due provision for as well as any and all Liabilities other documents required to effectuate the termination of the Partnership, shall have been distributed to the Partners in the manner provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the Act.

Appears in 1 contract

Samples: Limited Partnership Agreement (Lyondell Chemical Co)

Termination of Partnership. The Partnership shall will terminate when all of its assets of have been sold and the Partnershipnet proceeds therefrom, after payment of or due provision for the payment of all Liabilities debts, liabilities and obligations of the PartnershipPartnership to creditors and all reserves, shall have been distributed to the Partners in the manner as provided for in this Agreement, and the Certificate shall have been canceled in the manner provided by the ActArticle 10.

Appears in 1 contract

Samples: Limited Partnership Agreement (Golden Credit Card Trust)

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