Term of the Partnership Sample Clauses

Term of the Partnership. The Partnership shall continue in existence until December 31, 2054, unless sooner terminated pursuant to amendment or as hereinafter set forth in Article IX.
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Term of the Partnership. In recognition that the substance, as well as the spirit and intent, of this Agreement is largely dependent upon the existence of the Labor Management Partnership, the labor and management signatories commit to continue participation in and support of the Partnership throughout the term of this Agreement. The Labor Management Partnership Agreement, inclusive of clarifying addenda of Employment and Income Security and Recognition and Campaign Rules, provides for a 60- day notification period for either of the parties to disengage from the Partnership relationship; however, the review process in Section 1 of this Agreement substitutes for that notification an alternative process of reviewing and resolving issues that could otherwise individually or collectively result in the dissolution of this Partnership. Notwithstanding the parties’ commitment to this ongoing relationship, there may be instances where either side may engage in such egregious non-partnering behavior that the corresponding partner takes unilateral action and may also withdraw some or all of the Partnership privileges extended to the other party. Such behavior, unilateral action or withdrawal of privileges should likewise be submitted to the review process for determination and resolution. As the Partnership matures, the parties recognize that, on occasion, either party may engage in behavior that conflicts with Partnership principles and elicits corresponding behavior from the other party. It is expected that this review process will also be instrumental in providing guidance to the parties for those occurrences. Although the commitment to use the review process as the alternative to serving a 60-day notice of termination of the Partnership agreement runs concurrently with the National Agreement, the Labor Management Partnership Agreement continues in effect and does not terminate with the expiration of this Agreement.
Term of the Partnership. The term of the Partnership shall commence upon the filing and recording of the Partnership Certificate, and shall continue until December 31, 2046, unless earlier terminated pursuant to the terms of this Agreement.
Term of the Partnership. 3.1 The C.V. is established as from the Formation Date and for an indefinite period of time. 3.2 The C.V. shall be terminated only upon unanimous votes of the Partners.
Term of the Partnership. (a) The term of the Partnership shall continue until the first to occur of the following: (i) any date on which the General Partner shall elect to dissolve the Partnership; or (ii) the entry of a decree of judicial dissolution under section 17-802 of the Act.
Term of the Partnership. The term of the Partnership commenced on September 9, 1994 and, unless the Partnership is earlier terminated pursuant to Section 12 of this Agreement or otherwise, shall continue until December 31, 2045.
Term of the Partnership. The term of the Partnership shall be from the date the Certificate of Limited Partnership was filed with the California Secretary of State until December 31, 2007, unless the Partnership is earlier dissolved pursuant to Article 7.
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Term of the Partnership. 3.01 The Partnership shall be effective as to the General Partner and the Limited Partner from and after the date first above shown and shall continue in existence until December 31, 1999, at which time it shall terminate unless sooner terminated pursuant to any provisions of this Agreement.
Term of the Partnership. The term for which the Partnership shall exist shall continue until December 31, 2043, unless sooner terminated as hereinafter provided.
Term of the Partnership. (a) The term of the Partnership, having commenced on the date the Certificate was filed, shall continue until the first of the following events occurs: (i) December 31, 2009; (ii) a written consent to dissolution of the Partnership by all Partners; (iii) upon all of the General Partners ceasing to be general partners as a result of doing or being subject to one or more of the following: (A) withdrawing from the Partnership in accordance with Section 21 of this Agreement; (B) assigning all of his interest in the Partnership; (C) making an assignment for the benefit of his creditors; (D) filing a voluntary petition in bankruptcy; (E) being adjudged bankrupt or insolvent or having entered against him an order of relief in any bankruptcy or insolvency proceeding; (F) filing a petition or answer seeking for himself any reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under any statute, law, or regulation; (G) filing an answer or other pleading admitting or failing to contest the material allegations of a petition filed against him in any proceeding seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under any statute, law or regulation; (H) seeking, consenting to, or acquiescing in the appointment of a trustee or receiver,or liquidator of all or any substantial part of his properties; (I) being the subject of any proceeding seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similar relief under any statute, law or regulation, which proceeding shall have continued for one hundred and twenty (120) days after the commencement thereof; or the appointment of a trustee, receiver, or liquidator for such General Partner or all or any substantial part of his properties without his consent or acquiescence, which appointment is not vacated or stayed for ninety (90) days or, if the appointment is stated, for ninety (90) days after the expiration of the stay during which period the appointment is not vacated; (J) the death of a General Partner; or (K) the entry by a court of competent jurisdiction adjudicating such General Partner incompetent to manage his person or his property; or (iv) upon issuance of a decree of dissolution of the Partnership by the Delaware Court of Chancery in accordance with Section 17-802 of the Act. (b) In the event a General Partner does or becomes subject to any of the provisions of subsection (a) (i...
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