Withdrawal or Removal of Partners Sample Clauses

Withdrawal or Removal of Partners. 43 11.1 Withdrawal of the General Partner ............................................ 43 11.2 Removal of the General Partner ............................................... 45 11.3 Interest of Departing Partner and Successor General Partner; Delegation of Authority to the Board of Supervisors by Successor General Partner .......... 45 11.4 [Deleted.] ................................................................... 45 11.5
Withdrawal or Removal of Partners. 13.1 Withdrawal of the General Partner. (a) The General Partner shall be deemed to have withdrawn from the Partnership upon the occurrence of any one of the following events (each such event herein referred to as an "Event of Withdrawal"):
Withdrawal or Removal of Partners. SECTION 14.01. Withdrawal or Removal of the General Partner................................................................................... 60
Withdrawal or Removal of Partners. SECTION 14.01. Withdrawal or Removal of the General Partner. (a) The General Partner covenants and agrees that except in connection with a transfer of its General Partnership Interest in accordance with Section 12.04, it will not voluntarily withdraw as the General Partner unless (i) the Partnership receives a Limited Liability Determination, a Tax Determination and an Assignment Determination; (ii) such withdrawal receives Majority Outside Approval; and (iii) the General Partner or one of its Affiliates is not the general partner of Alliance Holding or simultaneously withdraws as the general partner of Alliance Holding in accordance with the terms of the Alliance Holding Partnership Agreement. If the General Partner gives a notice of its intent to withdraw, it shall call and conduct a meeting of the Limited Partners to obtain the requisite Majority Outside Approval and to consider and approve a successor General Partner. If the proposed withdrawal of the General Partner will result in the dissolution of the Partnership, such meeting shall be held no sooner than 180 days after the date of notice and any Limited Partner may, by notice to the General Partner at least 120 days prior to the date of the meeting, propose a successor general partner. Such proposed successor general partner shall only be included on the ballot if it has complied with all legal requirements necessary for such inclusion. If the requisite Majority Outside Approval is obtained, but no successor general partner is approved on the first ballot of such meeting, a second ballot shall be held as soon as practicable thereafter in order to consider the approval of the candidate that received the most votes on the first ballot. If such candidate is not approved on the second ballot, the Partnership shall be dissolved and liquidated pursuant to Article 15 and the General Partner shall serve as Liquidating Trustee. If a successor general partner is elected, it shall be admitted immediately prior to the withdrawal of the General Partner and shall continue the business and operations of the Partnership without dissolution.
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Withdrawal or Removal of Partners. SECTION 11.1 Withdrawal of the Managing General Partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 SECTION 11.2 Removal of the Managing General Partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 SECTION 11.3 Interest of Departing Partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 SECTION 11.4 Withdrawal or Removal of Special General Partner . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 SECTION 11.5 Withdrawal of a Limited Partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52
Withdrawal or Removal of Partners. 68 SECTION 11.1 Withdrawal of the General Partner . . . . . . . . . . . . . . . . . 68 SECTION 11.2 Removal of the General Partner. . . . . . . . . . . . . . . . . . . 70 -iii- TABLE OF CONTENTS (continued) Page
Withdrawal or Removal of Partners. Section 11.1 Withdrawal of the General Partner. PBF Logistics LP Third Amended and Restated Agreement of Limited Partnership WAS:215692.2
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