Period of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership, so as to enable the General Partners or the liquidator to minimize the normal losses attendant upon liquidation.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Consolidated Capital Institutional Properties 2), Limited Partnership Agreement (Windsor Park Properties 3), Windsor Park Properties 5
Period of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership, Partnership and the discharge of liabilities to creditors so as to enable the General Partners or to preserve the liquidator value of the assets of the Partnership being liquidated and to minimize the normal losses attendant upon liquidationlosses.
Appears in 2 contracts
Samples: Partnership Agreement (Loews Mountainside Cinemas, Inc.), Partnership Agreement (LCE AcquisitionSub, Inc.)
Period of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership, so as to enable the General Partners Partner(s) or the liquidator to minimize the normal losses attendant upon liquidation.
Appears in 1 contract
Samples: Limited Partnership Agreement (Consolidated Capital Institutional Properties 3)
Period of Liquidation. A reasonable time shall be allowed --------------------- for the orderly liquidation of the assets of the Partnership, Partnership and the discharge of liabilities to creditors so as to enable the General Partners or the liquidator to minimize the normal losses attendant upon liquidationlosses.
Appears in 1 contract
Samples: Management Agreement (Reckson Associates Realty Corp)