Common use of REMOVING GENERAL PARTNER Clause in Contracts

REMOVING GENERAL PARTNER. Should the General Partner cease to be the general partner of the Partnership by reason of the death, disability, bankruptcy, resignation or removal of the General Partner, any remaining general partner of the Partnership, if there be one, shall become the General Partner of the Partnership. The remaining general partner shall continue to serve as the remaining general partner unless that General Partner shall resign or withdraw upon 90 days written notice to the Limited Partners (in which event the Limited Partners, pursuant to Section 9.3 of this Agreement, may elect a successor general partner prior to the effective date of the resignation), or is removed as the General Partner upon the vote of the Limited Partners pursuant to Section 9.3 of this Agreement, in which event a successor general partner may be selected by the Limited Partners pursuant to Section 9.3 of this Agreement.

REMOVING GENERAL PARTNER. Should the General Partner cease to be the general partner General Partner of the Partnership by reason of the death, disability, bankruptcy, resignation or removal of the General Partner, any remaining general partner General Partner of the Partnership, if there be one, shall become the General Partner of the Partnership. The remaining general partner shall continue to serve as the remaining general partner General Partner unless that such General Partner shall resign or withdraw upon 90 days written notice to the Limited Partners (in which event the Limited Partners, pursuant to Section 9.3 of this Agreement, may elect a successor general partner General Partner prior to the effective date of the resignation), or is removed as the General Partner upon the vote of the Limited Partners pursuant to Section 9.3 of this Agreement, in which event a successor general partner General Partner may be selected by the Limited Partners pursuant to Section 9.3 of this Agreement.

REMOVING GENERAL PARTNER. Should In the event the General Partner should cease to be the general partner of the Partnership by reason of the death, disability, bankruptcy, resignation or removal of the General Partner, any remaining general partner of the Partnership, if there be one, shall become the General Partner of the Partnership. The remaining general partner shall continue to serve as the remaining general partner unless that General Partner shall resign or withdraw upon 90 days written notice to the Limited Partners (in which event the Limited Partners, pursuant to Section 9.3 of this Agreement, may elect a successor general partner prior to the effective date of the resignation), or is removed as the General Partner upon the vote of the Limited Partners pursuant to Section 9.3 of this Agreement, in which event a successor general partner may be selected by the Limited Partners pursuant to Section 9.3 of this Agreement.