Common use of Term of Rights Clause in Contracts

Term of Rights. Unless sooner terminated, the rights of the parties with respect to the Rights shall commence as of the date hereof and lapse for all purposes and in all respects on the date that the Partnership is dissolved; PROVIDED, HOWEVER, that the parties hereto shall continue to be bound by an Exchange Exercise Notice delivered to the General Partner prior to such date.

Appears in 3 contracts

Samples: Agreement of Limited Partnership (Innsuites Hospitality Trust), Limited Partnership Agreement (Realty Refund Trust), Limited Partnership Agreement (Cleveland Indians Baseball Co Inc)

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