Common use of Required Withdrawals Clause in Contracts

Required Withdrawals. The General Partner may, in its sole discretion, terminate all or any part of the Interest of any Limited Partner upon prior written notice, for any reason or no reason. The Partner receiving such notice shall be treated for all purposes and in all respects as a Partner who has given notice of withdrawal of all or part of its Capital Account(s), as the case may be, under Section 6.02.

Required Withdrawals. The General Partner may, in its sole and absolute discretion, terminate all or any part of the Interest interest of any Limited Partner upon prior written noticein the Partnership at any time, for any reason or no reason, upon five Business Days' prior written notice, including if the General Partner determines that such Partner's continued participation in the Partnership may cause the Partnership to fail to qualify for the "private placement" safe harbor from publicly traded partnership status set forth in Treasury Regulations Section 1.7704-1(h). The A Limited Partner receiving such a notice shall be treated for all purposes and in all respects as a Partner who has given notice of withdrawal of all or part of its Capital Account(s), as the case may be, under pursuant to Section 6.024.02.

Required Withdrawals. The General Partner may, in its sole discretion, may terminate all or any part of the Interest interest of any Limited Partner in the Partnership for any or no reason upon prior written notice, for any reason or no reason. The Partner receiving such notice shall be treated for all purposes and in all respects as a Partner who has given notice of withdrawal of all or part of its Capital Account(s), as the case may be, under Section 6.026.1 or Section 6.2, and such Limited Partner shall be paid, in accordance with Section 4.2, the entire Capital Account of such Limited Partner, less reserves determined in good faith by the General Partner and the Limited Partner’s share of any accrued, but unpaid, Partnership expenses.

Required Withdrawals. The General Partner may, in its sole discretion, terminate all or any part of the Interest interest of any Limited Partner upon at least five days’ prior written notice, for any reason or no reason, including a determination by the General Partner that such Partner’s continued participation in the Partnership may cause the Partnership to be treated as a “publicly traded partnership” taxable as a corporation for federal tax purposes. The Partner receiving such notice shall be treated for all purposes and in all respects as a Partner who has given notice of withdrawal of all or part of its Capital Account(s), as the case may be, under Section 6.027.2.