Common use of Election to Continue the Business Clause in Contracts

Election to Continue the Business. The Partnership shall also not be dissolved pursuant to a Dissolution Event specified in Sections 10.1(a)(i) or (iii) (except as otherwise provided in the Act), if, within 20 business days of such Dissolution Event, all the remaining Partners unanimously agree in writing to continue the business of the Partnership.

Election to Continue the Business. The Partnership shall also not be dissolved pursuant to a Dissolution Event specified in Sections 10.1(a)(i) or (iiiiv) (except as otherwise provided in the Act), if, within 20 business days of such Dissolution Event, all the remaining Partners unanimously agree in writing to continue the business of the Partnership.

Election to Continue the Business. The Partnership shall also not be dissolved pursuant to a Dissolution Event specified in Sections 10.1(a)(iSubsections 12.1(a) or (iiie) (except as otherwise provided in the Act), if, within 20 business 45 days of such Dissolution Event, all of the remaining Partners unanimously agree in writing to continue the business of the Partnership, and in the event there is only one remaining Partner, such Partner shall have the 39 40 right to admit a new Partner in accordance with the terms of this Agreement.