Common use of Obligation to Continue Clause in Contracts

Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee of such Withdrawal.

Appears in 10 contracts

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

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Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) 30 days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee of such Withdrawal.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Agreement of Limited Partnership (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) 30 days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee Partners of such Withdrawal.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Agreement of Limited Partnership (Boston Capital Tax Credit Fund Iv Lp)

Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner Partners or its designee of such Withdrawal.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp), Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners Partner, if any, shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners Partner, if any, shall notify the Investment Limited Partner or its designee Partners of such Withdrawal.

Appears in 1 contract

Samples: Articles of Partnership (Boston Capital Tax Credit Fund Iv Lp)

Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership Partner- ship employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) 30 days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee Partners of such Withdrawal.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Boston Capital Tax Credit Fund Iv Lp)

Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee of such Withdrawal.

Appears in 1 contract

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

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Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership Partner- ship employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee of such Withdrawal.

Appears in 1 contract

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Obligation to Continue. Upon Upon,the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee of such Withdrawal.

Appears in 1 contract

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) 30 days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee of such Withdrawal.

Appears in 1 contract

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

Obligation to Continue. Upon the Withdrawal of a General Partner, the remaining General Partners shall have the right and obligation to continue the business of the Partnership employing its assets and name, all as contemplated by the Uniform Act. Within thirty (30) days after they obtain knowledge of the Withdrawal of a General Partner, the remaining General Partners shall notify the Investment Limited Partner or its designee Partners of such Withdrawal.

Appears in 1 contract

Samples: Limited Partnership Agreement (Boston Capital Tax Credit Fund Iv Lp)

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