Common use of Continuation of Partnership Clause in Contracts

Continuation of Partnership. The Partners hereby continue the Partnership as a limited partnership pursuant to the provisions of the Act and upon the terms and conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 25 contracts

Samples: Registration Rights Agreement (Agree Realty Corp), Crescent Real Estate Equities Co, Crescent Real Estate Equities Co

AutoNDA by SimpleDocs

Continuation of Partnership. The Partners do hereby continue the Partnership as a limited general partnership pursuant to the provisions of under the Act and upon the terms and subject to the conditions set forth in this Agreementhereof. Except as expressly provided herein to the contraryherein, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by as set forth in the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 2 contracts

Samples: Agreement of Partnership (General Trust Co), Agreement of Partnership (General Trust Co)

Continuation of Partnership. The Partners parties hereby continue the Partnership as a limited partnership formed under the Predecessor Agreement, under and pursuant to the provisions of the Partnership Act and upon the terms and conditions set forth in of this Agreement. Except as expressly provided herein to the contraryThe rights, the rights duties, liabilities and obligations of the Partners Partners, and the administration and termination of the Partnership this Partnership, shall be governed by the Partnership Act, except as otherwise provided in this Agreement. The Partnership Interest of each General Partner shall be personal property for cause the Partnership to comply with all purposesrequirements of the Partnership Act and to qualify to do business as a limited partnership in any jurisdiction where the General Partner shall deem it necessary, appropriate or desirable.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Affiliated Managers Group Inc), Limited Partnership Agreement (Affiliated Managers Group Inc)

Continuation of Partnership. The Partners hereby continue the Partnership as is a limited partnership heretofore formed and continued pursuant to the provisions of the Act and upon the terms and subject to the conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 1 contract

Samples: Hammons John Q Hotels Inc

AutoNDA by SimpleDocs

Continuation of Partnership. The General Partner and the Limited Partners hereby agree to continue the Partnership as a limited partnership pursuant to the provisions of the Act and upon the terms and subject to the conditions set forth in this Agreement. Except as expressly provided herein in this Agreement to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The No Partner has any interest in any Partnership property, and the Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 1 contract

Samples: Agreement (Koger Equity Inc)

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