Common use of Correction of Default by General Partner Clause in Contracts

Correction of Default by General Partner. Any curable default of the General Partner resulting from an omission to take any measure within a prescribed time period and having no material adverse effect on the Limited Partners or the Partnership will be deemed to have been corrected if the measure is taken within 20 business days following a notice by a Limited Partner requesting the General Partner to remedy the default.

Correction of Default by General Partner. Any curable default of the General Partner resulting from an omission to take any measure within a prescribed time period and having no material adverse effect on the Limited Partners or the Partnership will be deemed to have been corrected if the measure is taken within 20 business 60 days following a notice by a Limited Partner requesting the General Partner to remedy the default.

Correction of Default by General Partner. Any With the exception of the requirements of Section 11.1, any curable default of the General Partner resulting from an omission to take any measure within a prescribed time period and having no material adverse effect on the Limited Partners or the Partnership will be deemed to have been corrected if the measure is taken within 20 business 45 days following a notice by a Limited Partner requesting the General Partner to remedy the default.