Actions by Liquidator. Upon the dissolution and termination of the Partnership, the Managing Partner shall act as liquidator to wind up the Partnership. The liquidator shall have full power and authority to sell, assign, and encumber any of the Partnership's assets and to wind up and liquidate the affairs of the Partnership in an orderly and businesslike manner.
Appears in 10 contracts
Samples: Partnership Agreement (Ticketmaster Corp /Il/), Partnership Agreement (Ticketmaster Corp /Il/), Partnership Agreement (Ticketmaster Corp /Il/)
Actions by Liquidator. Upon the dissolution and termination of the Partnership, the Managing Partner shall act as liquidator Liquidator to wind up and terminate the Partnership. The liquidator Liquidator shall have full power and authority to sell, assign, and encumber any of the Partnership's ’s assets and to wind up and liquidate the affairs of the Partnership in an orderly and businesslike manner.
Appears in 2 contracts
Samples: Partnership Agreement (Travelport Holdings, LLC /DE/), Amended and Restated Partnership Agreement (S.D. Shepherd Systems, Inc.)
Actions by Liquidator. Upon the dissolution and termination of the Partnership, the Managing Partner shall act as liquidator Liquidator to wind up the Partnership. The liquidator Liquidator shall have full power and authority to sell, assign, and encumber any of the Partnership's assets and to wind up and liquidate the affairs of the Partnership in an orderly and businesslike manner.
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Actions by Liquidator. Upon the dissolution and termination of the Partnership, the Managing Partner Partners by mutual consent shall appoint an individual or entity to act as liquidator to wind up the Partnership. The liquidator shall have full power and authority to sell, assign, and encumber any of the Partnership's assets and to wind up and liquidate the affairs of the Partnership in an orderly and businesslike manner.
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