Common use of Interim Manager Clause in Contracts

Interim Manager. If the Partnership is required to wind-up as a result of an event described in Section 9.1(a) or Section 9.1(b), the Limited Partners, by the Approval of the Partners, may appoint an interim manager of the Partnership, who shall have and may exercise all the rights, powers, and duties of the General Partner under this Agreement, until (i) the new General Partner is elected pursuant to Section 6.4, if the Partnership is reconstituted pursuant to Section 9.2, or (ii) a liquidator is appointed pursuant to Section 10.1, if the Partnership is not reconstituted.

Interim Manager. If the Partnership is required to wind-up dissolved as a result of an event described in Section 9.1(a) or Section 9.1(b), the Limited PartnersGeneral Partner, by subject to the Approval of the Partners, or the Partners holding more than fifty percent (50.0%) of the Percentage Interests of the Partners may appoint an interim manager of the Partnership, who shall have and may exercise all the rights, powers, powers and duties of the General Partner under this Agreement, until (i) the new General Partner is appointed pursuant to Section 6.6 or elected pursuant to Section 6.49.2, if the Partnership is reconstituted pursuant to Section 9.2reconstituted, or (ii) a liquidator is appointed pursuant to Section 10.1, if the Partnership is not reconstituted.

Interim Manager. If the Partnership is required to wind-up as a result of an event described in Section 9.1(a) or Section 9.1(b), the Limited Partners, by the Approval of the Partners, may appoint an interim manager of the Partnership, who shall have and may exercise all the rights, powers, and duties of the General Partner under this Agreement, until (i) the new General Partner is elected pursuant to Section 6.46.6, if the Partnership is reconstituted pursuant to Section 9.2, or (ii) a liquidator is appointed pursuant to Section 10.1, if the Partnership is not reconstituted.

Interim Manager. If the Partnership is required to wind-up dissolved as a result of an event described in Section 9.1(a) or Section 9.1(b), the Limited Partners, by the Approval of the Limited Partners, may appoint an interim manager of the Partnership, who shall have and may exercise all the rights, powers, powers and duties of the General Partner under this Agreement, until (i) the new General Partner is elected pursuant to Section 6.46.8, if the Partnership is reconstituted pursuant to Section 9.2, 9.2 or (ii) a liquidator Liquidator is appointed pursuant to Section 10.1, 10.1 if the Partnership is not reconstituted.

Interim Manager. If the Partnership is required to wind-up dissolved as a result of an event described in Section 9.1(a) or Section 9.1(b)8.1, the Limited PartnersGeneral Partner, by subject to the Approval of the Partners, may appoint an interim manager of the Partnership, who shall have and may exercise all the rights, powers, powers and duties of the General Partner under this Agreement, until (i) the new General Partner is elected pursuant to Section 6.46.7, if the Partnership is reconstituted pursuant to Section 9.28.2, or (ii) a liquidator is appointed pursuant by the interim manager subject to Section 10.1the Approval of the Partners, if the Partnership is not reconstituted.