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 71 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)

AutoNDA by SimpleDocs

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), Nacco Industries Inc

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.