Involuntary Withdrawal of a Partner Sample Clauses

Involuntary Withdrawal of a Partner. Events resulting in the involuntary withdrawal of a Partner from the Partnership will include but not be limited to: ● Death of a Partner; ● Partner mental incapacity; ● Partner disability preventing reasonable participation in the Partnership; ● Partner incompetence; ● Breach of fiduciary duties by a Partner; ● Criminal conviction of a Partner; ● Expulsion of a Partner; ● Operation of Law against a Partner, or any act or omission of a Partner that can reasonably be expected to bring the business or societal reputation of the Partnership into disrepute.
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Involuntary Withdrawal of a Partner. (a) Events resulting in the involuntary withdrawal of a Partner from the Firm will include but not be limited to: death of a Partner; Partner mental incapacity; Partner disability preventing reasonable participation in the Firm; Partner incompetence; breach of fiduciary duties by a Partner; criminal conviction of a Partner; Expulsion of a Partner; Operation of Law against a Partner; or any act or omission of a Partner that can reasonably be expected to bring the business or societal reputation of the Firm into disrepute.
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Related to Involuntary Withdrawal of a Partner

  • Withdrawal of Resignation An Employee who has terminated her employment through resignation, may withdraw her resignation within three (3) days of the time it was submitted to the Employer.

  • No Withdrawal No Person shall be entitled to withdraw any part of such Person’s Capital Contribution or Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement.

  • Withdrawal of Bid Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

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