Common use of Orderly Methods of Liquidating Payments Clause in Contracts

Orderly Methods of Liquidating Payments. Notwithstanding anything to the contrary in this Article 7, if required to maximize the proceeds of liquidation, the Managing General Partner (or the liquidator chosen in accordance with Section 7.2) may, with the consent of the other Partners, implement the distribution provisions of Section 7.4 hereof by transfer, on behalf of the Partners, of the assets of the Partnership to a liquidating trustee or trustees.

Orderly Methods of Liquidating Payments. Notwithstanding anything to the contrary in this Article 7, if required to maximize the proceeds of liquidation, the Managing General Partner (or the liquidator chosen in accordance with Section 7.27.3) may, with the consent of seventy percent (70%) in interest of the other Limited Partners, implement the distribution provisions of Section 7.4 7.4(g) hereof by transfer, on behalf of the Partners, of the assets of the Partnership to a liquidating trustee or trustees.

Orderly Methods of Liquidating Payments. Notwithstanding anything to the contrary in this Article 7, if required to maximize the proceeds of liquidation, the Managing General Partner (or the liquidator chosen in accordance with Section 7.27.3) may, with the consent of seventy percent (70%) in interest of the other Limited Partners, implement the distribution provisions of Section 7.4 7.4(f) hereof by transfer, on behalf of the Partners, of the assets of the Partnership to a liquidating trustee or trustees.