Common use of Continuation of Business of Remaining General Partner Clause in Contracts

Continuation of Business of Remaining General Partner. If one General Partner ceases to be a General Partner pursuant to the provisions of Section 8.01, the remaining General Partner shall continue the business of the Partnership.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Windsor Park Properties 5), Limited Partnership Agreement (Windsor Park Properties 7), Limited Partnership Agreement (Windsor Park Properties 6)

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Continuation of Business of Remaining General Partner. If one General Partner ceases to be a General Partner pursuant to the provisions of Section 8.01, the remaining General Partner shall may elect to continue the business of the Partnership.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Windsor Park Properties 3), Limited Partnership Agreement (N Tandem Trust)

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