Restrictions on Transfer of General Partner Interests. (a) No General Partner may withdraw (disassociate) from the Partnership prior to its dissolution except as provided by KXXXX. Further, no General Partner may sell, assign, transfer (by gift or otherwise), mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her General Partner interest in the Partnership except as provided below. A transfer of a General Partner’s interest, pursuant to the provisions of this Agreement as hereinafter provided, will not constitute a withdrawal causing termination. In addition, no General Partner has the unilateral right, at any time, to cause the termination or liquidation of the Partnership.
Appears in 5 contracts
Samples: And Restated Agreement (Teebank Family LTD Partnership), Trager Steve, Teebank Family LTD Partnership
Restrictions on Transfer of General Partner Interests. (a9.2(a) No General Partner may withdraw (disassociate) from the Partnership prior to its dissolution except as provided by KXXXX. Further, no General Partner may sell, assign, transfer (by gift or otherwise), mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her General Partner interest in the Partnership except as provided below. A transfer of a General Partner’s 's interest, pursuant to the provisions of this Agreement as hereinafter provided, will not constitute a withdrawal causing termination. In addition, no General Partner has the unilateral right, at any time, to cause the termination or liquidation of the Partnership.
Appears in 3 contracts
Samples: Agreement (Trager Scott), Agreement (Gilman Sheldon G), Trager Trust of 2012
Restrictions on Transfer of General Partner Interests. (a9.2(a) No General Partner may withdraw (disassociate) from the Partnership prior to its dissolution except as provided by KXXXXXXXXX. Further, no General Partner may sell, assign, transfer (by gift or otherwise), mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her General Partner interest in the Partnership except as provided below. A transfer of a General Partner’s interest, pursuant to the provisions of this Agreement as hereinafter provided, will not constitute a withdrawal causing termination. In addition, no General Partner has the unilateral right, at any time, to cause the termination or liquidation of the Partnership.
Appears in 3 contracts
Samples: Teebank Family LTD Partnership, Trager Steve, Trager Steve
Restrictions on Transfer of General Partner Interests. (a) No General Partner may withdraw (disassociate) from the Partnership prior to its dissolution except as provided by KXXXXXXXXX. Further, no General Partner may sell, assign, transfer (by gift or otherwise), mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her General Partner interest in the Partnership except as provided below. A transfer of a General Partner’s interest, pursuant to the provisions of this Agreement as hereinafter provided, will not constitute a withdrawal causing termination. In addition, no General Partner has the unilateral right, at any time, to cause the termination or liquidation of the Partnership.
Appears in 3 contracts
Samples: Trager Steve, Gilman Sheldon G, Trager Scott
Restrictions on Transfer of General Partner Interests. (a9.2(a) No General Partner may withdraw (disassociate) from the Partnership prior to its dissolution except as provided by KXXXXXXXXX. Further, no General Partner may sell, assign, transfer (by gift or otherwise), mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her General Partner interest in the Partnership except as provided below. A transfer of a General Partner’s 's interest, pursuant to the provisions of this Agreement as hereinafter provided, will not constitute a withdrawal causing termination. In addition, no General Partner has the unilateral right, at any time, to cause the termination or liquidation of the Partnership.
Appears in 1 contract
Samples: Trager Scott
Restrictions on Transfer of General Partner Interests. (a9.2(a) No General Partner may withdraw (disassociate) from the Partnership prior to its dissolution except as provided by KXXXXXXXXX. Further, no General Partner may sell, assign, transfer (by gift or otherwise), mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her General Partner interest in the Partnership except as provided below. A transfer of a General Partner’s interest, pursuant to the provisions of this Agreement as hereinafter provided, Amended and Restated Agreement of Limited Partnership for Teebank Family Limited Partnership will not constitute a withdrawal causing termination. In addition, no General Partner has the unilateral right, at any time, to cause the termination or liquidation of the Partnership.
Appears in 1 contract
Samples: Trager Bernard M
Restrictions on Transfer of General Partner Interests. (a9.2(a) No General Partner may withdraw (disassociate) from the Partnership prior to its dissolution except as provided by KXXXX. Further, no General Partner may sell, assign, transfer (by gift or otherwise), mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her General Partner interest in the Partnership except as provided below. A transfer of a General Partner’s 's interest, pursuant to the provisions of this Agreement as hereinafter provided, will not constitute a withdrawal causing termination. In addition, no General Partner has the unilateral right, at any time, to cause the termination or liquidation of the Partnership.. Amended and Restated Agreement of
Appears in 1 contract
Samples: Gilman Sheldon G
Restrictions on Transfer of General Partner Interests. (a9.2(a) No General Partner may withdraw (disassociate) from the Partnership prior to its dissolution except as provided by KXXXXXXXXX. Further, no General Partner may sell, assign, transfer (by gift or otherwise), mortgage, pledge, hypothecate, encumber or otherwise dispose of, directly or indirectly, all or any part of his/her General Partner interest in the Partnership except as provided below. A transfer of a General Partner’s interest, pursuant to the provisions of this Agreement as hereinafter provided, Amended and Restated Agreement of Limited Partnership for Jaytee Properties will not constitute a withdrawal causing termination. In addition, no General Partner has the unilateral right, at any time, to cause the termination or liquidation of the Partnership.
Appears in 1 contract
Samples: Trager Bernard M