Common use of Partnership Term Clause in Contracts

Partnership Term. 3.1 The Partnership shall commence as of the date of the filing of the Certificate and the Partnership shall continue in existence until it is terminated, liquidated, or dissolved in accordance with this Agreement or by operation of law.

Appears in 11 contracts

Samples: Limited Partnership Agreement (National Credit & Guaranty CORP), Limited Partnership Agreement (National Credit & Guaranty CORP), Limited Partnership Agreement (Kimball Hill, Inc.)

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Partnership Term. 3.1 The Partnership shall commence as of the date of the filing of the Certificate of Limited Partnership, and the Partnership shall continue in existence until it is for a period of fifty years, unless earlier terminated, liquidated, liquidated or dissolved in accordance with this Agreement or by operation of law.

Appears in 1 contract

Samples: Limited Partnership Agreement (National Credit & Guaranty CORP)

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