Common use of Right to Continue Business of Partnership Clause in Contracts

Right to Continue Business of Partnership. Upon an event described in Section 13.02(b), the Partnership thereafter shall be dissolved and liquidated unless, within ninety (.90) days after the event described in such Section, an election to reconstitute and continue the business of the Partnership shall be made writing by a Majority Interest and a successor General Partner is selected by a Majority Interest. If such an election to continue the Partnership is made and a successor General Partner selected, then:

Right to Continue Business of Partnership. Upon an event described in Section 13.02(b14.2(b), 14.2(c) or 14.2(g) (but not an event described in Section 14.2(g) that makes it unlawful for the business of the Partnership to be continued), the Partnership thereafter shall be dissolved and liquidated unless, within ninety (.9090) days after the event described in any of such SectionSections, an election to reconstitute and continue the business of the Partnership shall be made in writing by a Majority Interest and a successor General Partner is selected by a Majority Interestthe Limited Partners. If such an election to continue the Partnership is made and a successor General Partner selectedmade, then:

Right to Continue Business of Partnership. Upon an event described in Section 13.02(b14.2(b), 14.2(c) or 14.2(g) (but not an event described in Section 14.2(g) that makes it unlawful for the business of the Partnership to be continued), the Partnership thereafter shall be dissolved and liquidated unless, within ninety (.9090) days after the event described in any of such SectionSections, an election to reconstitute and continue the business of the Partnership shall be made writing by a Majority Interest and a successor General Partner is selected by a Majority InterestVote of the Limited Partners. If such an election to continue the Partnership is made and a successor General Partner selectedmade, then:

Right to Continue Business of Partnership. Upon an event described in Sections 12.2(c) or 12.2(d) (but not an event described in Section 13.02(b12.2(d) that makes it unlawful for the business of the Partnership to be continued), the Partnership thereafter shall be dissolved dissolved, liquidated and liquidated terminated unless, within ninety (.90) 90 days after the event described in any of such SectionSections, an election to reconstitute and continue the business of the Partnership shall be made in writing by a Majority Interest and a successor General Partner is selected by a Majority Interestall remaining Partners. If such an election to continue the Partnership is made and a successor General Partner selectedmade, then:

Right to Continue Business of Partnership. Upon an event described in Sections 11.2(c), 11.2(d) or 11.2(e) (but not an event described in Section 13.02(b11.2(e) that makes it unlawful for the business of the Partnership to be continued), the Partnership thereafter shall be dissolved and liquidated unless, within ninety (.90) 90 days after the event described in any of such SectionSections, an election to reconstitute and continue the business of the Partnership shall be made in writing by a Majority Interest and a successor General Partner is selected by a Majority Interestall remaining Partners. If such an election to continue the Partnership is made and a successor General Partner selectedmade, then: