Common use of Removal of a Limited Partner Clause in Contracts

Removal of a Limited Partner. Upon the occurrence of any of the following events (each, a "Removal Event"), the Partnership shall have the option (but not the obligation) to remove a Limited Partner. A Limited Partner may only be removed pursuant to this Section 9.2 in the event of: (a) The dissolution, termination, or Bankruptcy of the Limited Partner; (b) Any assignment or attempted assignment of the Interest of a Limited Partner or attempted withdrawal of the Limited Partner contrary to this Agreement; or (c) The material breach of this Agreement by the Limited Partner that is not cured (if such material breach is capable of being cured) within thirty (30) days of the receipt of notice form the General Partner of the occurrence of such material breach.

Removal of a Limited Partner. Upon the occurrence of any of the -------------------------------- following events (each, a "Removal Event"), the Partnership shall have the option (but not the obligation) to remove a Limited Partner. A Limited Partner may only be removed pursuant to this Section 9.2 in the event of: (a) The dissolution, termination, or Bankruptcy of the Limited Partner; (b) Any assignment or attempted assignment of the Interest of a Limited Partner or attempted withdrawal of the Limited Partner contrary to this Agreement; or (c) The material breach of this Agreement by the Limited Partner that is not cured (if such material breach is capable of being cured) within thirty (30) days of the receipt of notice form the General Partner of the occurrence of such material breach.