Common use of Termination of Partnership Clause in Contracts

Termination of Partnership. The partnership may be terminated by agreement of the majority of the partners. Written notice of the meeting where termination of the partnership is to be considered shall include a specific reference to this matter. Written notice of the decision to terminate the partnership shall be given to all partners.

Termination of Partnership. The partnership may be terminated by agreement of the majority two-thirds of the general partners. Written notice of the meeting where termination of the partnership is to be considered shall include a specific reference to this matter. The partnership shall terminate upon a two- thirds vote of all general partners. Written notice of the decision to terminate the partnership shall be given to all the general partners. Payment shall then be made of all the liabilities of the general partnership and a final distribution of the remaining assets in cash, and shall promptly be made to the general partners or their personal representatives in proportion to each general partner’s capital account.

Termination of Partnership. The partnership may be terminated by agreement of the majority of the partners. Written notice of the a meeting where termination of the partnership is to be considered shall include a specific reference to this matter. The partnership shall terminate upon a super-majority vote of all partners. Written notice of the decision to terminate the partnership shall be given to all the partners.. If a decision to terminate is reached, written or email notice of the decision shall be sent to all partners. [within paragraph 19] section 20 21

Termination of Partnership. The partnership may be terminated by agreement of the a majority of the partners. Written notice of the meeting where termination of the partnership is to be considered shall include a specific reference to this matter. The partnership shall terminate upon a majority vote of all partners’ capital accounts. Written notice of the decision to terminate the partnership shall be given to all the partners. Payment shall then be made of all the liabilities of the partnership and a final distribution of the remaining assets either in cash or in kind, shall promptly be made to the partners or their personal representatives in proportion to each partner’s capital account.

Termination of Partnership. The partnership may be terminated by agreement of the majority of the partners. Written notice of the a meeting where termination of the partnership Partnership is to be considered shall include a specific reference to this matter. The Partnership shall terminate upon a 2/3rds vote of all Partners' capital accounts. Written notice of the decision to terminate the partnership Partnership shall be given to all partnersthe Partners. Payment shall then be made of all the liabilities of the Partnership and a final distribution of the remaining assets either in cash or in kind, shall promptly be made to the Partners or their personal representatives in proportion to each Partner's capital account.

Termination of Partnership. The partnership may be terminated by agreement either of the majority of the partnersfollowing. Written In both cases, written notice of the meeting where termination of the partnership is to be considered shall include a specific reference to this matter. Written notice of the decision to terminate the partnership shall be given to all the partners. Payment shall then be made of all the liabilities of the partnership and a final distribution of the remaining assets either in cash or in kind, shall promptly be made to the partners or their personal representatives in proportion to each partner' s capital account.