Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, the General Partner hereby covenants and agrees not to (i) take any action to file a certificate of dissolution or its equivalent with respect to itself, (ii) withdraw or attempt to withdraw from the Partnership, (iii) exercise any power under the Act to dissolve the Partnership, (iv) Transfer all or any portion of its Interest in the Partnership as a General Partner, or (v) petition for judicial dissolution of the Partnership. Further, the General Partner hereby covenants and agrees to continue to carry out the duties of the General Partner under this Agreement until the Partnership is dissolved and liquidated pursuant to Article XII hereof.
Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, the General Partners hereby covenant and agree not to (a) withdraw or attempt to withdraw from the Partnership, (b) exercise any power under the Act to dissolve the Partnership, or (c) Transfer all or any portion of their interests in the Partnership as a General Partner. Further, the General Partners hereby covenant and agree to continue to carry out the duties of a General Partner hereunder until the Partnership is dissolved and liquidated pursuant to Section 11 hereof.
Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, each of the General Partners hereby covenants and agrees not to (a) take any action to file a certificate of dissolution or its equivalent with respect to itself, (b) take any action that would cause a Voluntary Bankruptcy of the General Partner, (c) withdraw or attempt to withdraw from the Partnership, (d) exercise any power under the Act to dissolve the Partnership, (e) transfer all or any portion of its Interest in the Partnership as a General Partner, or (f) petition for judicial dissolution of the Partnership. Further, each of the General Partners hereby covenants and agrees to continue to carry out the duties of a General Partner hereunder until the Partnership is dissolved and liquidated pursuant to Section 12 hereof.
Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, each Member hereby covenants and agrees not to (a) withdraw or attempt to withdraw from the Company, (b) exercise any power under the Act to dissolve the Company, or (c) transfer all or any portion of his Membership Interest. Further, each Member hereby covenants and agrees to continue to carry out the duties of a Member hereunder until the Company is dissolved and liquidated pursuant to Article XIII hereof.
Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, the General Partner hereby covenants and agrees not to (a) take any action to file a certificate of dissolution or its equivalent with respect to itself, (b) withdraw or attempt to withdraw from the Partnership other than as a result of distributions made under Section 11.08 in retirement of its entire Interest, (c) exercise any power under the Act to dissolve the Partnership, (d) Transfer all or any portion of its Interest in the Partnership as a General Partner, except pursuant to the applicable provisions of Article XI (and only so long as a substitute General Partner is admitted pursuant to Section 11.05 at or prior to such time) or (e) petition for judicial dissolution of the Partnership. Furthermore, the General Partner hereby covenants and agrees to continue to carry out its duties as General Partner under this Agreement until a substitute General Partner is admitted pursuant to Section 11.05 or the Partnership is dissolved and liquidated pursuant to Article XIII.
Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, the Managing Member hereby covenants and agrees not to (i) take any action to file a certificate of dissolution or its equivalent with respect to itself, (ii) withdraw or attempt to withdraw from the Company, (iii) exercise any power under the Act to dissolve the Company, (iv) Transfer all or any portion of its Interest in the Company as a Managing Member, or (v) petition for judicial dissolution of the Company. Further, the Managing Member hereby covenants and agrees to continue to carry out the duties of the Managing Member under this Agreement until the Company is dissolved and liquidated pursuant to Article XII or the Managing Member is replaced pursuant to this Article XI.
Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, the General Partner hereby covenants and agrees not to (i) take any action to file a certificate of dissolution or its equivalent with respect to itself, (ii) take any action that would cause a Bankruptcy of the General Partner, (iii) withdraw or attempt to withdraw from the Partnership, (iv) exercise any power under the Limited Partnership Act to dissolve the Partnership, (v) transfer all or any portion of its interest in the Partnership as a General Partner hereunder until the Partnership is dissolved and liquidated pursuant to Article XII hereof. If the Limited Partners agree by majority vote, they may provide that the Partnership Interest of the General Partner be transferred to a successor designate by the Limited Partners pursuant to the Partnership Interest of the General Partner be transferred to a successor designated by the Limited Partners pursuant to the terms and conditions of Section 11.3, below.
Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, the Managing General Partner hereby covenants and agrees not to (a) withdraw or attempt to withdraw from the Partnership, (b) exercise any power under the Texas Code to dissolve the Partnership, or (c) voluntarily Transfer all or any portion of its interest in the Partnership as a Managing General Partner. Further, the Managing General Partner hereby covenants and agrees to continue to carry out the duties of the Managing General Partner hereunder until the Partnership is dissolved and liquidated pursuant to Section 11.
Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, the Managing General Partner hereby covenants and agrees not to (a) take any action to file a certificate of dissolution or its equivalent with respect to itself, (b) take any action that would cause a voluntary bankruptcy of the Managing General Partner or a consent to its involuntary bankruptcy, (c) withdraw or attempt to withdraw from the Partnership, (d) Transfer all or any portion of its Interest in the Partnership as a general partner, except in accordance with this Agreement, or (e) exercise any power under the Act to dissolve the Partnership other than a petition for judicial dissolution. Further, the Managing General Partner hereby covenants and agrees to continue to carry out the duties of a general partner hereunder until the Partnership is dissolved and liquidated pursuant to Article 12 hereof. Each Partner hereby covenants and agrees not to petition for judicial dissolution of the Partnership under Section 17-802 of the Act, unless all other Partners are given at least 30 days prior notice of the intent to petition for judicial dissolution and all other Partners consent thereto.
Covenant Not to Withdraw, Transfer, or Dissolve. Except as otherwise permitted by this Agreement, each Member hereby covenants and agrees not to (a) take any action to file a certificate of dissolution or its equivalent with respect to itself, (b) take any action that would cause a voluntary Bankruptcy of such Member, (c) withdraw or attempt to withdraw from the Company, (d) exercise any power under the Act to dissolve the Company, or (e) petition for judicial dissolution of the Company. Portions herein identified by [*****] have been omitted pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. A complete copy of this document has been filed separately with the Securities and Exchange Commission.
