Common use of RESIGNATION, REDEMPTION, AND WITHDRAWAL Clause in Contracts

RESIGNATION, REDEMPTION, AND WITHDRAWAL. To the fullest extent permitted by law, except as set forth in the last sentence of Section 6.1, without a prior Majority Vote, the General Partner shall not have the right to resign or withdraw from the Partnership. Without a prior Majority Vote, the General Partner shall have no right to have all or any portion of its interest in the Partnership redeemed. Any resigned, withdrawn or removed General Partner shall retain its interest in the capital of the Partnership and its other economic rights under this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Affiliated Managers Group Inc), Limited Partnership Agreement (Affiliated Managers Group Inc)

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RESIGNATION, REDEMPTION, AND WITHDRAWAL. To the fullest extent permitted by law, except Except as set forth described in the last sentence of Section 6.17.1(a)(iv), without a prior Majority Vote, the General Partner shall not have the right (a) to resign or withdraw from the Partnership. Without a prior Majority Vote, the General Partner shall have no right Partnership or (b) to have all or any portion of its interest in the Partnership redeemed. Any resigned, withdrawn or removed General Partner shall shall, unless otherwise agreed with its successor, retain its interest in the capital of the Partnership and its other economic rights under this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Affiliated Managers Group Inc), Limited Partnership Agreement (Affiliated Managers Group Inc)

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RESIGNATION, REDEMPTION, AND WITHDRAWAL. To the fullest extent permitted by law, except as set forth in the last sentence of Section 6.1, without a prior Majority Vote, the General Partner shall not have the right to resign or withdraw from the Partnership. Without a prior Majority Vote, the General Partner shall have no right to have all or any portion of its interest in the Partnership redeemed. Any resigned, withdrawn or removed General Partner shall retain its interest in the capital of the Partnership and its other economic rights under this Agreement.. 31 36 ARTICLE VII - PUT/CALL OF PARTNERSHIP INTERESTS; REGISTRATION RIGHTS

Appears in 2 contracts

Samples: Limited Partnership Agreement (Affiliated Managers Group Inc), Limited Partnership Agreement (Affiliated Managers Group Inc)

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