Common use of Withdrawal of General Partner Clause in Contracts

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The withdrawal of any person as a General Partner may for any reason does not Withdraw constitute a breach of this Agreement. The withdrawing General Partner then becomes a Limited Partner and will retain the economic interest (other than previously held as a result of an Involuntary WithdrawalGeneral Partner) without the Consent of the Special as a Limited Partner. Withdrawal shall be conditioned upon If after the agreement of the Special Limited Partner to be admitted as a successor General Partnerwithdrawal, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor there remains other General Partner(s)., these General Partner(s) will continue the business of the Limited Partnership. "

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Rural Development. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of South Trust Bank National Association and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than withdraw from the Partnership without the consent of a Majority Interest of the Limited Partners. Upon withdrawal as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special interest of the former General Partner shall be treated thenceforth as the interest of a Limited Partner declines to be admitted as a successor General Partner then on in the agreement of one or more Persons who satisfy the requirements of manner provided in Section 13.5 of this Agreement to be admitted as successor General Partner(s)12.2.

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than withdraw as a result General Partner of an Involuntary Withdrawal) the Partnership without the Consent consent of any Person upon notice to the Limited Partners. Any such withdrawal by the General Partner shall result in the dissolution of the Special Limited Partner. Withdrawal shall be conditioned upon Partnership; provided that the agreement General Partner may admit additional general partners of the Special Limited Partner to Partnership or successor general partners of the Partnership, which additional or successor general partners may be admitted as a successor General Partner, or if affiliated with the Special Limited Partner declines to be admitted as a successor General Partner then on or, subject to applicable law, may be unaffiliated third parties, and in such case the agreement withdrawal by the General Partner shall not result in the dissolution of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s)Partnership.

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Missouri Housing Development Commission and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Missouri Housing Development Commission. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Home Savings of America, FSB and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s). A new General Partner may not be admitted until the partnership has received the prior written consent of HUD.

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of FmHA. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, by the Mortgage lender and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited 50 Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s). A new General Partner may not be admitted until the partnership has received the prior written consent of HUD.

Withdrawal of General Partner. (a) The No General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).Section

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of FmHA and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The withdrawal of any person as a General Partner may for any reason does not Withdraw constitute a breach of this Agreement. The withdrawing General Partner then becomes a Limited Partner and will retain the economic interest (other than previously held as a result of an Involuntary WithdrawalGeneral Partner) without the Consent of the Special as a Limited Partner. Withdrawal shall be conditioned upon If after the agreement of the Special Limited Partner to be admitted as a successor General Partnerwithdrawal, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor there remains other General Partner(s), these General Partner(s) will continue the business of the Limited Partnership.

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Colonial Bank, Alabama Housing Finance Authority (HOME) and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Not Applicable, Not Applicable and Not Applicable. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Federal Trust Bank and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The withdrawal of any person as a General Partner may for any reason does not Withdraw (other than as constitute a result breach of an Involuntary Withdrawal) without the Consent of the Special Limited Partnerthis Agreement. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor The withdrawing General Partner then on becomes a Limited Partner and will retain the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted economic interest (previously held as successor a General Partner(s)Partner) as a Limited Partner.

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Colonial Bank and Alabama Housing Finance Authority. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The withdrawal of any person as a General Partner may for any reason does not Withdraw constitute a breach of this Agreement. The withdrawing General Partner then becomes a Limited Partner and will retain the economic interest (other than previously held as a result of an Involuntary WithdrawalGeneral Partner) without the Consent of the Special as a Limited Partner. Withdrawal shall be conditioned upon If after the agreement of the Special Limited Partner to be admitted as a successor General Partnerwithdrawal, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor there remains other General Partner(s)., these General Partner(s) will continue the business of the

Withdrawal of General Partner. (a) The withdrawal of any person as a General Partner may for any reason does not Withdraw constitute a breach of this Agreement. The withdrawing General Partner then becomes a Limited Partner , and will retain the economic interest (other than previously held as a result of an Involuntary WithdrawalGeneral Partner) without the Consent of the Special as a Limited Partner. Withdrawal shall be conditioned upon If after the agreement withdrawal, there remains other General Partners, these General Partners will continue the business of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).Partnership. “

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Regions Bank and the Alabama Housing Finance Authority (HOME). Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The withdrawal of any person as a General Partner may for any reason does not Withdraw constitute a breach of this Agreement. The withdrawing General Partner then becomes a Limited Partner, and will retain the economic interest (other than previously held as a result of an Involuntary WithdrawalGeneral Partner) without the Consent of the Special as a Limited Partner. Withdrawal shall be conditioned upon If after the agreement of the Special Limited Partner to be admitted as a successor General Partnerwithdrawal, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor there remains other General Partner(s)., these General Partner(s) will continue the business of the Limited Partnership. "

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of FmHA and Illinois Affordable Housing Trust Fund and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of k11 and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Mortgage lender, and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The withdrawal of any person as a General Partner may for any reason does not Withdraw constitute a breach of this Agreement. The withdrawing General Partner then becomes a Limited Partner and will retain the economic interest (other than previously held as a result of an Involuntary WithdrawalGeneral Partner) without the Consent of the Special as a Limited Partner. Withdrawal shall be conditioned upon If after the agreement of the Special Limited Partner to be admitted as a successor General Partnerwithdrawal, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor there remains other General Partner(s)., these General Partner(s) will continue the business of the Limited Partnership. “

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Valley State Bank, and the State Tax Credit Agency. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Class A Special Limited Partner, and, without the Consent of MHDC to the extent required by MHDC. Withdrawal shall be conditioned upon the agreement of the Class A Special Limited Partner to be admitted as a successor General Partner, or if the Class A Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).