Term and Dissolution. A. The Partnership shall continue in full force and effect until December 31, 2199, or until dissolution prior thereto upon the happening of any of the following events: (i) The sale of all of the assets of the Partnership; (ii) An Event of Withdrawal of a General Partner if no General Partner remains; or (iii) The dissolution of the Partnership by the General Partners. B. Upon dissolution of the Partnership, the General Partners shall cause the cancellation of the Partnership's Certificate of Limited Partnership, liquidate the Partnership's assets and apply and distribute the proceeds thereof in accordance with Section 8.2 hereof.
Appears in 7 contracts
Samples: Agreement of Registered Limited Liability Limited Partnership (Jones Financial Cos Lp), Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies Lp LLP), Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies Lp LLP)
Term and Dissolution. A. The Partnership shall continue in full force and effect until December 31, 2199, 2086 or until dissolution prior thereto upon the happening of any of the following events:
(i) The sale decision of the General Partner to convey substantially all of the Partnership's assets or to terminate the business of the Partnership;
(ii) An Event of The Withdrawal of a the General Partner if no Successor General Partner remains; or
(iii) The dissolution of the Partnership by the General Partnerspartner is elected.
B. Upon dissolution of the Partnership, the General Partners Partner shall cause the cancellation of the Partnership's Certificate of Limited Partnership, liquidate the Partnership's assets and apply and distribute the proceeds thereof in accordance with Section 8.2 8.3 hereof.
Appears in 1 contract
Samples: Limited Partnership Agreement (Montgomery Cellular Telephone Co Inc)
Term and Dissolution. A. The Partnership shall continue in full force and effect until December 31, 2199, or until dissolution prior thereto upon the happening of any of the following events:
(i) The the sale of all of the assets of the Partnership;
(ii) An an Event of Withdrawal of a General Partner if no General Partner remains; or
(iii) The the dissolution of the Partnership by the General Partners.
B. Upon dissolution of the Partnership, the General Partners shall cause the cancellation of the Partnership's Certificate of Limited Partnership, liquidate the Partnership's assets and apply and distribute the proceeds thereof in accordance with Section 8.2 hereof.
Appears in 1 contract
Samples: Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies Lp LLP)
Term and Dissolution. A. The Partnership shall continue in full force and effect until December 31, 21992087, or until dissolution prior thereto upon the happening of any of the following events:
(i) The sale of all of the assets of the Partnership;
(ii) An Event The withdrawal of Withdrawal of a General Partner if no General Partner remainseither Partner; or
(iii) The dissolution of the Partnership by the General PartnersPartner.
B. Upon dissolution of the Partnership, the General Partners Partner shall cause the cancellation of the Partnership's ’s Certificate of Limited Partnership, liquidate the Partnership's ’s assets and apply and distribute the proceeds thereof in accordance with Section 8.2 8.3 hereof.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Jones Financial Companies LLLP)
