Common use of Required Withdrawals Clause in Contracts

Required Withdrawals. The General Partner may, in its sole discretion, require any Limited Partner to withdraw all or a portion of the balance in its Capital Account(s) at any time without prior notice, for any reason or no reason, including a determination by the General Partner that such Limited Partner's continued participation in the Partnership may cause the Partnership to be treated as a "publicly traded partnership" taxable as a corporation for U.S. federal tax purposes. A Limited Partner that is required to withdraw all or a portion of the balance in its Capital Account(s) pursuant to this Section 6.03 shall be treated for all purposes and in all respects as a Limited Partner that has given notice of withdrawal of all or a portion of the balance in its Capital Account(s), as the case may be, under Section 6.02, except that the Fund-Level Gate will not apply with respect to such withdrawal.‌

Required Withdrawals. The General Partner may, in its sole discretion, require any Limited Partner to withdraw all or a portion of the balance in its Capital Account(s) at any time without prior notice, for any reason or no reason, including a determination by the General Partner that such Limited Partner's continued participation in the Partnership may cause the Partnership to be treated as a "publicly traded partnership" taxable as a corporation for U.S. federal tax purposes. A Limited Partner that is required to withdraw all or a portion of the balance in its Capital Account(s) pursuant to this Section 6.03 shall be treated for all purposes and in all respects as a Limited Partner that has given notice of withdrawal of all or a portion of the balance in its Capital Account(s), as the case may be, under Section 6.02, except that the Fund-Level Gate will not apply with respect to such withdrawal.‌withdrawal.

Required Withdrawals. The General Partner may, in its sole discretiondiscretion and subject to the ELP Law, require any Limited Partner to withdraw all or a portion of the balance in its Capital Account(s) Account at any time without prior notice, for any reason or no reason, including a determination by the General Partner that such Limited Partner's ’s continued participation in the Partnership may cause the Partnership to be treated as a "“publicly traded partnership" ” taxable as a corporation for U.S. federal tax purposes. A Limited Partner that is required to withdraw all or a portion of the balance in its Capital Account(s) Account pursuant to this Section 6.03 shall be treated for all purposes and in all respects as a Limited Partner that has given notice of withdrawal of all or a portion of the balance in its Capital Account(s)Account, as the case may be, under Section 6.02, except that the Fund-Level Gate will not apply with respect to such withdrawal.‌6.02.‌‌