Common use of Events Occasioning Dissolution Clause in Contracts

Events Occasioning Dissolution. The Partnership will dissolve and terminate upon the occurrence of any of the following, whichever will first occur. (a) The death, bankruptcy, adjudication of incompetency or insanity by a court of competent jurisdiction (upon the occurrence of any of these events to a General Partner, the remaining General Partner will be obligated to continue the Partnership), or withdrawal of the last remaining General Partner unless within 90 days after the occurrence of any such event the Limited Partners unanimously select a successor General Partner to replace the last remaining General Partner. The Partnership will not dissolve upon the transfer of a General Partner’s Interest to a qualified successor in interest, as hereinbefore provided in this Agreement. Further, the Partnership will not dissolve upon the death, bankruptcy, adjudication of incompetency or insanity or withdrawal of a Limited Partner or an assignment by a Limited Partner of his/her interest in the Partnership. In any such event, the General Partner will have the right and duty to continue the business of the Partnership under the terms of this Agreement. (b) December 31, 2036. (c) The written consent of all the General Partners to dissolve the Partnership. (d) The entry of a decree of judicial dissolution under XXXXX.

Events Occasioning Dissolution. The Partnership will dissolve and terminate upon the occurrence of any of the following, whichever will first occur. (a) The death, bankruptcy, adjudication of incompetency or insanity by a court of competent jurisdiction (upon the occurrence of any of these events to a General Partner, the remaining General Partner will be obligated to continue the Partnership), or withdrawal of the last remaining General Partner unless within 90 days after the occurrence of any such event the Limited Partners unanimously select a successor General Partner to replace the last remaining General Partner. The Partnership will not dissolve upon the transfer of a General Partner’s 's Interest to a qualified successor in interest, as hereinbefore provided in this Agreement. Further, the Partnership will not dissolve upon the death, bankruptcy, adjudication of incompetency or insanity or withdrawal of a Limited Partner or an assignment by a Limited Partner of his/her interest in the Partnership. In any such event, the General Partner will have the right and duty to continue the business of the Partnership under the terms of this Agreement. (b) December 31, 2036. (c) The written consent of all the General Partners to dissolve the Partnership. (d) The entry of a decree of judicial dissolution under XXXXXKXXXX.

Events Occasioning Dissolution. The Partnership will dissolve and terminate upon the occurrence of any of the following, whichever will first occur. (a) The death, bankruptcy, adjudication of incompetency or insanity by a court of competent jurisdiction (upon the occurrence of any of these events to a General Partner, the remaining General Partner will be obligated to continue the Partnership), or withdrawal of the last remaining General Partner unless within 90 days after the occurrence of any such event the Limited Partners unanimously select a successor General Partner to replace the last remaining General Partner. The Partnership will not dissolve upon the transfer of a General Partner’s 's Interest to a qualified successor in interest, as hereinbefore hereinbeftire provided in this Agreement. Further, the Partnership will not dissolve upon the death, d ea th,bankruptcy, adjudication of adj ud i cat ion o f incompetency or insanity or withdrawal of a Limited Partner or an assignment by a Limited 1,imited Partner of his/her interest in the Partnership. In any such event, the General Partner will have the right and duty to continue the business of the Partnership under the terms of this Agreement. (b) December 31, 2036. (c) The written consent of all the General Partners to dissolve the Partnership. (d) The entry of a decree of judicial dissolution under XXXXXKXXXX.

Events Occasioning Dissolution. The Partnership will dissolve and terminate upon the occurrence of any of the following, whichever will first occur. (a) The death, bankruptcy, adjudication of incompetency or insanity by a court of competent jurisdiction (upon the occurrence of any of these events to a General Partner, the remaining General Partner will be obligated to continue the Partnership), or withdrawal of the last remaining General Partner unless within 90 days after the occurrence of any such event the Limited Partners unanimously select a successor General Partner to replace the last remaining General Partner. The Partnership will not dissolve upon the transfer of a General Partner’s 's Interest to a qualified successor in interest, as hereinbefore provided in this Agreement. Further, the Partnership will not dissolve upon the death, bankruptcy, adjudication of incompetency or insanity or withdrawal of a Limited Partner or an assignment by a Limited Partner of his/her interest in the Partnership. In any such event, the General Partner will have the right and duty to continue the business of the Partnership under the terms of this Agreement. (b) December 31, 2036. (c) The written consent of all the General Partners to dissolve the Partnership. (d) The entry of a decree of judicial dissolution under XXXXX.

Events Occasioning Dissolution. The Partnership will dissolve and terminate upon the occurrence of any of the following, whichever will first occur. (a) The death, bankruptcy, adjudication of incompetency or insanity by a court of competent jurisdiction (upon the occurrence of any of these events to a General Partner, the remaining General Partner will be obligated to continue the Partnership), or withdrawal of the last remaining General Partner unless within 90 days after the occurrence of any such event the Limited Partners unanimously select a successor General Partner to replace the last remaining General Partner. The Partnership will not dissolve upon the transfer of a General Partner’s Interest to a qualified successor in interest, as hereinbefore hereinbeftire provided in this Agreement. Further, the Partnership will not dissolve upon the death, d ea th,bankruptcy, adjudication of adj ud i cat ion o f incompetency or insanity or withdrawal of a Limited Partner or an assignment by a Limited 1,imited Partner of his/her interest in the Partnership. In any such event, the General Partner will have the right and duty to continue the business of the Partnership under the terms of this Agreement. (b) December 31, 2036. (c) The written consent of all the General Partners to dissolve the Partnership. (d) The entry of a decree of judicial dissolution under XXXXX.

Events Occasioning Dissolution. The Partnership will dissolve and terminate upon the occurrence of any of the following, whichever will first occur. (a) The death, bankruptcy, adjudication of incompetency or insanity by a court of competent jurisdiction (upon the occurrence of any of these events to a General Partner, the remaining General Partner will be obligated to continue the Partnership), or withdrawal of the last remaining General Partner unless within 90 days after the occurrence of any such event the Limited Partners unanimously select a successor General Partner to replace the last remaining General Partner. The Partnership will not dissolve upon the transfer of a General Partner’s Interest to a qualified successor in interest, as hereinbefore herein before provided in this Agreement. Further, the Partnership will not dissolve upon the death, bankruptcy, adjudication of incompetency or insanity or withdrawal of a Limited Partner or an assignment by a Limited Partner of his/her interest in the Partnership. In any such event, the General Partner will have the right and duty to continue the business of the Partnership under the terms of this Agreement. (b) December 31, 2036. (c) The written consent of all the General Partners to dissolve the Partnership. (d) The entry of a decree of judicial dissolution under XXXXX.