Common use of RESIGNATION OF OR TERMINATION OF STATUS AS GENERAL PARTNER Clause in Contracts

RESIGNATION OF OR TERMINATION OF STATUS AS GENERAL PARTNER. 6.1 Withdrawal of General Partner. The General Partner shall have the right to withdraw as and cease to be the General Partner at any time upon thirty

RESIGNATION OF OR TERMINATION OF STATUS AS GENERAL PARTNER. 6.1 Withdrawal of General Partner. The General Partner shall have the right to withdraw as and cease to be the General Partner at any time upon thirtythirty (30) days written notice to the Limited Partner. Prior to the effective date of the withdrawal of a General Partner, the Limited Partner may elect an additional general partner of the Partnership who is hereby authorized to and shall continue the business of the Partnership without dissolution.