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 Section 16) receipt of notice of such a event shall be treated as notice of full withdrawal, according to Section 20.
Appears in 3 contracts
Samples: Partnership Agreement, 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 a partner pursuant to Section 16) Paragraph 16A hereof), 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: Partnership Agreement, 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 a partner pursuant to Section 16) Paragraph 16A hereof), receipt of notice of such a event shall be treated as a notice of full withdrawal, according to Section 20. 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. 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 16) partner), receipt of notice of such a event shall be treated as a notice of full withdrawal, according to Section 20.
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 a partner pursuant to Section 16) Paragraph 16a hereof), receipt of notice of such a event shall be treated as a notice of full withdrawal, according to Section 20.
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 Section 16) Paragraph 16A hereof), receipt of notice of such a event shall be treated as notice of full withdrawal, according to Section 20.
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 Section 16) Paragraph 15A hereof), receipt of notice of such a an event shall be treated as notice of full withdrawal, according to Section 20.
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 a grantor and sole trustee of a revocable living trust, if such trust is a partner pursuant to Section 16) Paragraph 5), receipt of notice of such a an event shall be treated as notice of full withdrawal, according to Section 20.
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 Section 16) Paragraph 16A hereof), receipt of notice of such a an event shall be treated as notice of full withdrawal, according to Section 20.
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 Section 16) receipt of notice of such a an event shall be treated as notice of full withdrawal, according to Section 20.
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 Section 16) 18 hereof), receipt of notice of such a an event shall be treated as notice of full withdrawal, according to Section 20.
Appears in 1 contract
Samples: Partnership Agreement