Bankruptcy or Dissolution of a Limited Partner. The bankruptcy or dissolution of a Limited Partner shall not in and of itself dissolve or terminate the Partnership. A Limited Partner shall not withdraw from the Partnership prior to the dissolution of the Partnership except pursuant to Section 9.1.
Bankruptcy or Dissolution of a Limited Partner. Upon the bankruptcy or dissolution of a Limited Partner, its personal representative will have all the rights of the Limited Partner for the purpose of settling or managing its estate, and such power as the bankrupt or dissolved Limited Partner possessed to constitute a successor as an assignee of its interest in the Partnership and to join with such assignee in making application to substitute such assignee as a substituted limited partner.
Bankruptcy or Dissolution of a Limited Partner. The bankruptcy, insolvency or dissolution of a Limited Partner shall not result in the termination of the Partnership. The interest of such Limited Partner will continue at the risk of the Partnership business until the dissolution and winding up of the Partnership. The legal representative of or successor to such Limited Partner will succeed to the Limited Partner's interest and rights in the Partnership, but will not be a substituted Partner without the consent of the Managing General Partner, which consent shall not be unreasonably withheld.
Bankruptcy or Dissolution of a Limited Partner. The Bankruptcy, dissolution or other cessation to exist as a legal entity of a Partner shall not, in and of itself, dissolve the Partnership. In any such event, the legal representative or successor of such Partner may exercise all of the rights of such Partner for the purpose of settling its estate or administering its property, subject to the terms and conditions of this Agreement, including any power of an assignee to become a Partner.
