Common use of Dissolution Winding Up Clause in Contracts

Dissolution Winding Up. The Partnership shall be dissolved and wound up upon the occurrence of any of the following: (a) the resignation of a General Partner other than in connection with the Transfer of an interest in the Partnership, unless: (i) the remaining General Partner, if any, elects in writing within thirty (30) days after such withdrawal to reconstitute the Partnership, to continue as the General Partner and to continue the Partnership and its business, or (ii) if there is no remaining General Partner within ninety (90) days after such withdrawal, all of the Limited Partners agree to appoint in writing a successor General Partner, as of the date of the withdrawal of the General Partner, and agree to reconstitute the Partnership and to continue the business of the Partnership, and such successor General Partner agrees in writing to accept such appointment; (b) the sale, exchange or other disposition of all or substantially all of the Partnership Assets; or (c) the unanimous written election of the Partners.

Dissolution Winding Up. The Partnership shall be dissolved and wound up upon the occurrence of any of the following: (a) the resignation of a General Partner other than in connection with the Transfer of an interest in the Partnership, unless: (i) (i) the remaining General Partner, if any, elects in writing within thirty (30) days after such withdrawal to reconstitute the Partnership, to continue as the General Partner and to continue the Partnership and its business, or or (ii) (is) if there is no remaining General Partner within ninety (90) days after such withdrawal, all of the Limited Partners agree to appoint in writing a successor General Partner, as of the date of the withdrawal of the General Partner, and agree to reconstitute the Partnership and to continue the business of the Partnership, and such successor General Partner agrees in writing to accept such appointment; (b) the sale, exchange or other disposition of all or substantially all of the Partnership Assets; or (c) the unanimous written election of the Partners.

Dissolution Winding Up. The Partnership shall be dissolved ---------------------- and wound up upon the occurrence of any of the following: (a) the resignation of a General Partner other than in connection with the Transfer of an interest in the Partnership, unless: (i) the remaining General Partner, if any, elects in writing within thirty (30) days after such withdrawal to reconstitute the Partnership, to continue as the General Partner and to continue the Partnership and its business, or (ii) if there is no remaining General Partner within ninety (90) days after such withdrawal, all of the Limited Partners agree to appoint in writing a successor General Partner, as of the date of the withdrawal of the General Partner, and agree to reconstitute the Partnership and to continue the business of the Partnership, and such successor General Partner agrees in writing to accept such appointment; (b) the sale, exchange or other disposition of all or substantially all of the Partnership Assets; or (c) the unanimous written election of the Partners.

Dissolution Winding Up. The Partnership shall be dissolved and ---------------------- wound up upon the occurrence of any of the following: (a) the resignation of a General Partner other than in connection with the Transfer of an interest in the Partnership, unless: (i) the remaining General Partner, if any, elects in writing within thirty (30) days after such withdrawal to reconstitute the Partnership, to continue as the General Partner and to continue the Partnership and its business, or (ii) if there is no remaining General Partner within ninety (90) days after such withdrawal, all of the Limited Partners agree to appoint in writing a successor General Partner, as of the date of the withdrawal of the General Partner, and agree to reconstitute the Partnership and to continue the business of the Partnership, and such successor General Partner agrees in writing to accept such appointment; (b) the sale, exchange or other disposition of all or substantially all of the Partnership Assets; or (c) the unanimous written election of the Partners.