Right of Removal. The General Partners retain the right to be associated with whomsoever they so desire. Accordingly, no Limited Partner has a prescriptive right to retain and own an interest in the Partnership as a matter of legal right. Each Limited Partner is subject to being removed and terminated as a Limited Partner as hereinafter provided.
Appears in 11 contracts
Samples: Limited Partnership Agreement (Teebank Family LTD Partnership), Agreement of Limited Partnership (Trager Trust of 2012), Limited Partnership Agreement (Trager Trust of 2012)
Right of Removal. The General Partners retain the right to be associated with whomsoever they so desire. Accordingly, no Limited Partner has a prescriptive right to retain and own an interest in the Partnership as a matter of legal right. Each Limited Partner is subject to being removed and terminated as a Limited Partner (expelled) as hereinafter provided.
Appears in 9 contracts
Samples: Limited Partnership Agreement (Teebank Family LTD Partnership), Limited Partnership Agreement (Gilman Sheldon G), Agreement of Limited Partnership (Trager Trust of 2012)
