Common use of Cessation of Participation Clause in Contracts

Cessation of Participation. From and after the effective date of withdrawal of a Partner from the Partnership under this Article IV, no interest shall be payable on such Partner's interest in the Partnership to the date of payout.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Freedom Securities Corp /De/), Limited Partnership Agreement (Freedom Securiteis Corp /De/), Freedom Securiteis Corp /De/

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Cessation of Participation. From Subject to Section 4.3(b), from and after the effective date of withdrawal of a Limited Partner from the Partnership under this Article IV, no interest shall be payable on such Partner's its interest in the Partnership to the date of payout.

Appears in 1 contract

Samples: Limited Partnership Agreement (General Public Utilities Corp /Pa/)

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