Common use of Duration of the Partnership Clause in Contracts

Duration of the Partnership. The Partnership shall commence on the date the Certificate of Limited Partnership for the Partnership is filed in accordance with the Act and shall continue its existence without interruption, subject to the provisions of the Act, until December 31, 2026, unless terminated at an earlier date in accordance with Section VIII of this Agreement. Notwithstanding the foregoing, and subject to the provisions of Section VIII hereof, the Partners may extend the Partnership's term beyond December 31, 2026 by unanimous vote.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Beazer Homes Texas Lp), Limited Partnership Agreement (Beazer Homes Texas Lp)

AutoNDA by SimpleDocs

Duration of the Partnership. The Partnership shall commence on the date the Certificate of Limited Partnership for the Partnership is filed in accordance with the Act and shall continue its existence without interruption, subject to the provisions of the Act, until December 31September 30, 20262035, unless terminated at an earlier date in accordance with Section VIII of this Agreement. Notwithstanding the foregoing, and subject to the provisions of Section VIII hereof, the Partners may extend the Partnership's term beyond December 31September 30, 2026 2035 by unanimous vote.

Appears in 1 contract

Samples: Limited Partnership Agreement (Beazer Homes Sales, Inc)

AutoNDA by SimpleDocs

Duration of the Partnership. The Partnership shall commence on the effective date set forth in the Certificate of Limited Partnership for the Partnership is filed referred to in Section 2.1, above and shall continue until its termination in accordance with the Act and shall continue its existence without interruption, subject to the provisions of the Act, until December 31, 2026, unless terminated at an earlier date in accordance with Section VIII of this Agreement. Notwithstanding the foregoing, and subject to the provisions of Section VIII hereof, the Partners may extend the Partnership's term beyond December 31, 2026 by unanimous vote.Article X.

Appears in 1 contract

Samples: Limited Partnership Agreement (Ecoscience Corp/De)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!