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: Agreement (Trager Scott), Agreement (Gilman Sheldon G), Teebank Family LTD Partnership
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: And Restated Agreement (Teebank Family LTD Partnership), Gilman Sheldon G, Trager Steve
