Common use of STATUS OF UNITS AFTER REMOVAL Clause in Contracts

STATUS OF UNITS AFTER REMOVAL. If the General Partner has been expelled or removed, resigns or withdraws, or had its interest as general partner of the Partnership terminated and owns any Units as General Partner, such Units shall thereafter be held by the General Partner as a Limited Partner and the Certificate of Limited Partnership shall be amended accordingly. 8.6.6

Appears in 2 contracts

Samples: Performance Asset Management Co, Performance Asset Management Co

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STATUS OF UNITS AFTER REMOVAL. If the General Partner has been expelled or removed, resigns or withdraws, removed or had its interest as general partner of the Partnership terminated and owns any Units as General Partner, such Units shall thereafter be held by the General Partner it as a Limited Partner and the Certificate of Limited Partnership shall be amended accordingly. 8.6.68.6.8

Appears in 1 contract

Samples: Performance Asset Management Co

STATUS OF UNITS AFTER REMOVAL. If the General Partner has been expelled or removed, resigns or withdraws, or had its interest as general partner of the Partnership terminated and owns any Units as General PartnerUnits, such Units shall thereafter be held by the General Partner as a Limited Partner and the Certificate of Limited Partnership shall be amended accordingly. 8.6.613 14 8.6.8

Appears in 1 contract

Samples: Performance Asset Management Co

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STATUS OF UNITS AFTER REMOVAL. If the General Partner has been expelled or removed, resigns or withdraws, or had its interest as general partner of the Partnership terminated and owns any Units as General Partner, such Units shall thereafter be held by the General Partner as a Limited Partner and the Certificate of Limited Partnership shall be amended accordingly. 12 13 8.6.6

Appears in 1 contract

Samples: Performance Asset Management Co

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