Common use of Liquidation of Property Clause in Contracts

Liquidation of Property. Upon a dissolution of the Partnership (where the Partnership is not continued pursuant to Section 8.3.2), the General Partner (or in case there is no General Partner, the Limited Partners or Person designated by a Common Majority Vote to liquidate the Partnership) shall take full account of the Partnership Property and liabilities, shall liquidate the Property as promptly as is consistent with obtaining the fair market value thereof, and shall apply and distribute the proceeds therefrom in accordance with Section 6.6.

Liquidation of Property. Upon a dissolution and termination of the Partnership (where the Partnership is not continued pursuant to Section 8.3.2)Partnership, the General Partner (or in case there is no General Partner, the Common Limited Partners or Person designated by a Common Majority Vote to liquidate the PartnershipVote) shall take full account of the Partnership Property and liabilities, ​ ​ shall liquidate the Property as promptly as is consistent with obtaining the fair market value thereof, and shall apply and distribute the proceeds therefrom in accordance with Section 6.66.8.

Liquidation of Property. Upon a dissolution and termination of the Partnership (where the Partnership is not continued pursuant to Section 8.3.2)Partnership, the General Partner (or in case there is no General Partner, the Limited Partners or Person designated by a Common Majority Vote to liquidate the PartnershipVote) shall take full account of the Partnership Property and liabilities, shall liquidate the Property as promptly as is consistent with obtaining the fair market value thereof, and shall apply and distribute the proceeds therefrom in accordance with Section 6.66.7.