CONTINUATION OF COMPANY. The Company shall not be dissolved or terminated by the Incapacity of any Partner as such, the Transfer by any Partner of its Interests or the admission of a new or substituted Director or Partner, and the existence and business of the Company shall be continued notwithstanding the occurrence of any such event.
Appears in 5 contracts
Samples: Partnership Agreement (Special Value Continuation Partners, LP), Partnership Agreement (Special Value Continuation Partners, LP), Partnership Agreement (Special Value Continuation Fund, LLC)
CONTINUATION OF COMPANY. The Company shall not be dissolved or terminated by the Incapacity of any Partner Member as such, the Transfer by any Partner Member of its Interests Shares or Common Share Commitment or the admission of a new or substituted Director or PartnerMember, and the existence and business of the Company shall be continued notwithstanding the occurrence of any such event.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (PNMAC Mortgage Opportunity Fund, LLC), Operating Agreement (Special Value Expansion Fund, LLC), Operating Agreement (Special Value Opportunities Fund LLC)
CONTINUATION OF COMPANY. The Company shall not be dissolved or terminated by the Incapacity of any Partner Shareholder as such, the Transfer by any Partner Shareholder of any of its Interests Shares or the admission of a new or substituted Director Trustee or PartnerShareholder, and the existence and business of the Company shall be continued notwithstanding the occurrence of any such event.
Appears in 2 contracts
Samples: Agreement and Declaration (Highland Corporate Opportunities Fund), Agreement and Declaration (Restoration Opportunities Fund)
CONTINUATION OF COMPANY. The Company shall not be dissolved or terminated by the Incapacity of any Partner as such, the Transfer by any Partner of its Interests or the admission of a new or substituted Director or Partner, and the existence and business of the Company shall be continued notwithstanding the occurrence of any such event.
Appears in 1 contract
Samples: Partnership Agreement (Tennenbaum Opportunities Partners V, LP)
CONTINUATION OF COMPANY. The Company shall not be dissolved or terminated by the Incapacity of any Partner as suchMember, the Transfer by any Partner Member of its Interests Shares or Common Share Commitment or the admission of a new or substituted Director or PartnerMember, and the existence and business of the Company shall be continued notwithstanding the occurrence of any such event.
Appears in 1 contract
Samples: Operating Agreement (York Enhanced Strategies Fund, LLC)
CONTINUATION OF COMPANY. The Company shall not be dissolved or terminated by the Incapacity of any Partner Member as such, the Transfer assignment by any Partner Member of its Interests Units, or the admission of a new or substituted Director Substituted Manager or Partner, and United Member in accordance with the existence and business provisions of the Company shall be continued notwithstanding the occurrence of any such eventthis Agreement.
Appears in 1 contract
Samples: Operating Agreement (National Credit & Guaranty CORP)
CONTINUATION OF COMPANY. The Company shall not be dissolved or terminated by the Incapacity of any Partner Member as such, the Transfer by any Partner Member of its Interests Shares or the admission of a new or substituted Director or PartnerMember, and the existence and business of the Company shall be continued notwithstanding the occurrence of any such event.
Appears in 1 contract
Samples: Operating Agreement (Special Value Continuation Fund, LLC)
