Common use of Removal of the Managing Partner Clause in Contracts

Removal of the Managing Partner. The power shall be vested in the Limited Partnership to remove at any time the Managing Partner. The power shall be vested in the Limited Partnership to consent to the admission of a successor Managing Partner following the removal of the Managing Partner by the Limited Partnership. A successor Managing Partner shall be selected pursuant to the provisions of Section 6.3C of this Agreement.

Appears in 14 contracts

Samples: Partnership Agreement (Geodyne Energy Income LTD Partnership Ii-B), Partnership Agreement (Geodyne Energy Income LTD Partnership Ii-B), Partnership Agreement (Geodyne Energy Income LTD Partnership Ii-B)

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