Common use of Death or Incapacity of a Partner Clause in Contracts

Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is partner pursuant to Paragraph 16A hereof), receipt of notice shall be treated as a notice of full withdrawal.

Appears in 3 contracts

Samples: Partnership Agreement, www.bivio.com, Partnership Agreement

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Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is a partner pursuant to Paragraph 16A hereof), Section 16) receipt of notice of such a event shall be treated as a notice of full withdrawal, according to Section 20.

Appears in 3 contracts

Samples: shopheirs.files.wordpress.com, typingsolutions.biz, typingsolutionsdotbiz.files.wordpress.com

Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is partner pursuant to Paragraph 16A hereofa partner), receipt of notice shall be treated as a notice of full withdrawal.

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is partner pursuant to Paragraph 16A hereof), receipt of notice shall be treated as a notice of full withdrawal. Liquidation and payment of the partner's account shall proceed in accordance with paragraphs 19 and 24.

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

Death or Incapacity of a Partner. A. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is a partner pursuant to Section (VI) Paragraph 16A hereof(16). Hereof, receipt of notice shall be treated as a notice of full withdrawal. Liquidation and payment of a Partner’s account shall proceed in accordance with Section VI Paragraph (3).

Appears in 2 contracts

Samples: General Partnership Agreement, General Partnership Agreement

Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is a partner pursuant to Paragraph 16A hereof), receipt of notice of such an event shall be treated as a notice of full withdrawal.

Appears in 1 contract

Samples: Partnership Agreement

Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole authorized trustee of a revocable living trust, if such trust is a partner pursuant to Paragraph 16A 15A hereof), receipt of notice of such an event shall be treated as a notice of full withdrawal.

Appears in 1 contract

Samples: Partnership Agreement

Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is a partner pursuant to Paragraph 16A Section 18 hereof), receipt of notice of such an event shall be treated as a notice of full withdrawal.

Appears in 1 contract

Samples: Partnership Agreement

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Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the a grantor and sole trustee of a revocable living trust, if such trust is a partner pursuant to Paragraph 16A hereof5), receipt of notice of such an event shall be treated as a notice of full withdrawal.

Appears in 1 contract

Samples: Agreement of Partnership

Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is a partner pursuant to Paragraph 16A hereof), Section 16) receipt of notice of such an event shall be treated as a notice of full withdrawal, according to Section 20.

Appears in 1 contract

Samples: typingsolutionsdotbiz.files.wordpress.com

Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is a partner pursuant to Paragraph 16A 16a hereof), receipt of notice shall be treated as a notice of full withdrawal.

Appears in 1 contract

Samples: Partnership Agreement

Death or Incapacity of a Partner. In the event of the death or incapacity of a partner (or the death or incapacity of the grantor and sole trustee of a revocable living trust, if such trust is a partner pursuant to Paragraph 16A hereof), receipt of notice of such event shall be treated as a notice of full withdrawal.

Appears in 1 contract

Samples: Agreement

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