Common use of Formation and Continuation Clause in Contracts

Formation and Continuation. The Partnership is a limited partnership heretofore formed and continued pursuant to the provisions of the Act and upon the terms and subject to the conditions set forth in this Agreement. Except as expressly provided herein to the contrary, the rights and obligations of the Partners and the administration and termination of the Partnership shall be governed by the Act. The Partnership Interest of each Partner shall be personal property for all purposes.

Appears in 18 contracts

Samples: Agreement (Lamar Media Corp/De), Uniti Group Inc., Paramount Group, Inc.

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