Common use of Continuation of Business Clause in Contracts

Continuation of Business. Neither the Transfer of any Partnership Interest pursuant to Article 8 hereof nor the bankruptcy or withdrawal of a Partner shall cause the dissolution or termination of the Partnership or have any effect upon the continuance of the Partnership business. No Partner shall have a right to withdraw from the Partnership or to abandon any Partnership Interest.

Appears in 75 contracts

Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al)

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Continuation of Business. Neither the Transfer of any Partnership Interest pursuant to Article Section 8 hereof nor the bankruptcy or withdrawal of a Partner shall cause the dissolution or termination of the Partnership or have any effect upon the continuance of the Partnership business. No Partner shall have a right to withdraw from the Partnership or to abandon any Partnership Interest.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Nacco Industries Inc), Limited Partnership Agreement (Nacco Industries Inc)

Continuation of Business. Neither Except as provided in Section 8.1, neither the Transfer disposition of any Partnership Interest pursuant to Article 8 7.2 hereof nor the death, insanity, incapacity, or bankruptcy or withdrawal of a Partner shall cause the dissolution or termination of the Partnership or have any effect upon the continuance of the Partnership business. No Partner shall have a right to withdraw from the Partnership or to abandon any Partnership InterestInterest except as expressly provided herein.

Appears in 2 contracts

Samples: Limited Partnership Agreement (CTR Family Associates Lp), Limited Partnership Agreement (Rankin Alfred M Et Al)

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Continuation of Business. Neither Except as provided in Section 9.1, neither the Transfer disposition of any Partnership Interest pursuant to Article 8 Section 7 hereof nor the death, insanity, incapacity, or bankruptcy or withdrawal of a Partner shall cause the dissolution or termination of the Partnership or have any effect upon the continuance of the Partnership business. No Partner shall have a right to withdraw from the Partnership or to abandon any Partnership InterestInterest except as expressly provided herein.

Appears in 1 contract

Samples: Limited Partnership Agreement (Rankin Associates Ii Lp)

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