Dissolution of General Partner. The General Partner hereby agrees and covenants that it will not dissolve, liquidate or otherwise cease to exist prior to the appointment of a successor general partner who shall agree to be bound by the provisions of this Agreement. The Fund and the Unitholders shall have the right to enforce this Section 4.11 without the consent or joinder of the General Partner and the General Partner and any successor general partner hereby consent to any equitable remedies, including temporary and/or permanent injunctions or specific performance preventing the dissolution or withdrawal, of the General Partner or any successor general partner. Upon the dissolution or withdrawal of the General Partner after the appointment of a successor in accordance with Section 4.8, the General Partner and the successor to the General Partner hereby covenant and agree to continue the business of the Fund without interruption.
Dissolution of General Partner. Notwithstanding anything in this Agreement to the contrary, the General Partner shall not take, or agree to take, any action (corporate or otherwise) to dissolve, liquidate, file a proposal for bankruptcy under the Bankruptcy and Insolvency Act (Canada), wind up or make any arrangement or assignment for the benefit of creditors or appoint any trustee, receiver, receiver- manager or sequestrator to administer its affairs, unless it has first given 60 days' prior notice in writing to each Limited Partner.
Dissolution of General Partner. In the event of the dissolution of the General Partner, the Limited Partner may within thirty days after notice of such event elect to continue the Partnership. In the event that the Limited Partner elects to continue the Partnership, the Limited Partner shall designate a new General Partner. If such new General Partner shall accept such designation, it shall succeed to all the rights, duties and obligations of the General Partner occurring from and after the date of its acceptance. In the absence of such designation, consent and acceptance, and in the event that there is no General Partner otherwise remaining, the Partnership shall be dissolved on such thirtieth day, in which event the Limited Partner shall wind up and liquidate the Partnership as provided in paragraph 21 below.
Dissolution of General Partner. Notwithstanding anything else contained herein, the General Partner shall not take, or agree to take, any action (corporate or otherwise) to dissolve, liquidate, file a proposal for bankruptcy under the Bankruptcy and Insolvency Act (Canada) or any other legislation of any jurisdiction, wind up or make any arrangement or assignment for the benefit of creditors or appoint any trustee, receiver, receiver-manager, or sequestrator to administer its affairs unless it shall have first given 90 days’ notice in writing to the Limited Partners and in such notice called a meeting of Limited Partners to be held for the purpose of appointing a new General Partner by vote of a Majority-In- Interest of the Limited Partners. Upon the appointment of such new General Partner, the former General Partner shall be deemed to have resigned as the General Partner of the Fund.
