Forced Withdrawal. Any Participant that is or becomes in default under any covenant contained in Article VI hereof or for which any of the representations contained in Article V hereof ceases to be true, shall be deemed to have given a notice of withdrawal pursuant to Section 7.2 hereof immediately upon the occurrence and continuation of such default, but shall not be deemed to have requested the payment of its Participant Balances from any Portfolio unless and until such Participant either makes an actual payment request to the Chief Investment Officer or the Chief Investment Officer makes a final determination that such default has occurred, is continuing and no cure is available for such default.
Forced Withdrawal. Any Participant that breaches any covenant contained in Article V hereof or for which any of the representations contained in Article VI hereof ceases to be true shall be deemed to have given a notice of withdrawal pursuant to Section 7.3 hereof immediately upon such breach or cessation but shall not be deemed to have requested the payment of its balance unless and until it either makes an actual payment request or the Governing Board makes a final determination that such a breach or cessation has occurred.
Forced Withdrawal. A Party may be forced to withdraw (or elect to withdraw pursuant to clause (ii), (iii) or (iv) below) as a Party to this Agreement upon one or more of the following occurrences:
Forced Withdrawal. If any of the following occur (a "Forced Withdrawal Event"):
Forced Withdrawal. A partner may be asked to withdraw by a majority vote of the votes cast of credit balances in all the partners' capital accounts. Such a vote shall be treated as a notice of complete withdrawal. Liquidation and payment of the partner's capital account(s) shall proceed in accordance with paragraph 20.
Forced Withdrawal. The General Partner may be subject to a forced withdrawal, without its consent, if found guilty, by judgment, of theft, fraud or embezzlement to the location of the Company. The withdrawal will be effective from the moment the judgment is rendered and, therefore, the holders of Class E Shares, by means of a Special Resolution adopted within the framework of a meeting duly convened for this purpose, may appoint a new General Partner. Ihfoaldt earnsyotfimCelansso EClUasnsitEs wUenrietsaalsroe issusbujeedc,t otor iaf faolrlced withdrawal under the provisions of paragraph 6.02.05 below, the powers provided for in this paragraph may then be exercised by holders of Class F Units.
Forced Withdrawal. A Limited Partner may be subject to a forced withdrawal, without their consent, in the event of any of the following events: at) the bankruptcy of a Limited Partner, or if it becomes insolvent, makes an authorized assignment of its debts or makes a proposal, within the meaning of the Bankruptcy Act ;
