Events Not Causing Dissolution. The Limited Partnership will not be dissolved or terminated by the amendment of this Agreement or by the resignation, removal, death, mental incompetence, bankruptcy, insolvency, dissolution, liquidation, winding up or receivership of, or the admission, retirement or withdrawal of, the General Partner or the Limited Partner.
Events Not Causing Dissolution. Subject to Article 2232 of the Civil Code, the Partnership shall not be dissolved or terminated by the resignation, removal, bankruptcy, insolvency, dissolution, liquidation, winding-up or receivership of, or the admission, resignation or withdrawal of a Partner.
Events Not Causing Dissolution. The Incapacity, withdrawal, resignation or expulsion of, or the making of an assignment for the benefit of creditors by, or any other act or circumstance with respect to, a Limited Partner shall not cause the dissolution of the Partnership. Except as otherwise determined by the Board, the Partnership shall not be subject to dissolution at the election of Limited Partners.
Events Not Causing Dissolution. Except as may otherwise be provided in Section 8.1 above, the Company shall not be terminated or dissolved by the legal incapacity, death, insanity, withdrawal or expulsion of any Member, by the assignment of any Member of that Member's Units, or by the admission of a new Member, or the admission of any additional or substitute Member or Manager, but the Company shall continue thereafter as the Company with the remaining Members and any new Members.
Events Not Causing Dissolution. Notwithstanding any rule of law or equity to the contrary, the Partnership shall not be dissolved except in accordance with this Agreement. In particular, but without restricting the generality of the foregoing, the Partnership shall not be dissolved or terminated by the actual or deemed resignation, removal, death, incompetence, bankruptcy, insolvency, other disability or incapacity, dissolution, liquidation, winding-up or receivership, or withdrawal of the General Partner or any Limited Partner or by the assignment, transfer or transmission of any Seed Capital Unit.
Events Not Causing Dissolution. (a) To the maximum extent permitted by law, the Dissolution Events are the exclusive events that may cause the company to dissolve. The bankruptcy (including any event of bankruptcy described in Section 18-304 of the Act), death, dissolution, liquidation, termination or adjudication of incompetence of a Member (each, a “Member Event”) shall not cause the termination or dissolution of the Company and, in any such event, the business of the Company shall automatically continue without any action on the part of the remaining Members until the Company is otherwise dissolved and terminated pursuant to the terms of this Agreement.
(b) Upon the occurrence of a Member Event, the trustee, receiver, executor, administrator, committee, guardian or conservator of such Member shall have all the rights of such Member for the purpose of settling or managing its estate or property, but shall not be admitted as a Member except with the consent of the remaining Members in their sole discretion. Any such trustee, receiver, executor, administrator, committee, guardian or conservator shall be deemed an assignee of the Member entitled to receive such distributions, to share in such profits and to receive such allocations of income, gain, loss, deduction, credit, tax preference and similar items to which the Member was entitled, but shall not be entitled to become a Member or to exercise any rights or powers of a Member, including without limitation any voting rights, with respect to such Membership Shares. Any such assignee shall nevertheless be bound by the covenants of this Agreement applicable to Members, including without limitation the restrictions on Transfer and rights of first refusal.
Events Not Causing Dissolution. Notwithstanding any rule of law or equity to the contrary, the Fund shall not be dissolved except in accordance with this Agreement. In particular, the Fund shall not be dissolved or terminated by the removal, actual or deemed resignation, retirement, expulsion, death, incompetence, bankruptcy, insolvency, other disability or incapacity, dissolution, liquidation, winding-up or receivership of the General Partner or the admission, resignation or withdrawal of the Manager or of any Unitholder.
Events Not Causing Dissolution. Notwithstanding any rule of law or equity to the contrary, the Partnership shall not be dissolved or terminated by admission of any new General Partner or Limited Partner or the removal, actual or deemed, resignation, death, incompetence, bankruptcy, insolvency, other disability or incapacity, dissolution, liquidation winding-up or receivership, or the admission, resignation or withdrawal of the General Partner, the Initial Limited Partner or any Limited Partner, except in accordance with this Agreement.
Events Not Causing Dissolution. Subject to the applicable Law, the Partnership shall not be dissolved or terminated except in accordance with this Agreement and, in particular, but without limitation, the Partnership shall not be dissolved or terminated by the actual or deemed resignation, removal, bankruptcy, insolvency, receivership or withdrawal of any Partner or by the Transfer of any Proportionate Share or any other interest in the Partnership.
Events Not Causing Dissolution. The Partnership shall not be wound up or dissolved except in accordance with the Delaware Act and this Agreement. In particular, but without restricting the generality of the foregoing and subject to the express provisions of this Agreement, the Partnership shall not be wound up or dissolved or terminated by the admission, removal, actual or deemed resignation, death, incompetence, bankruptcy, insolvency, other disability or incapacity, dissolution, liquidation, winding-up or receivership, or the admission, resignation or withdrawal of any Limited Partner.
