Time of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner to minimize the losses attendant upon a liquidation.
Appears in 4 contracts
Samples: Agreement of Limited Partnership (Tower Park Marina Investors Lp), Limited Partnership Agreement (Thrucomm Inc), Limited Partnership Agreement (Thrucomm Inc)
Time of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner Partners to minimize the losses attendant upon a liquidation.
Appears in 3 contracts
Samples: Agreement of Limited Partnership (Behringer Harvard Mid Term Value Enhancement Fund I Lp), Limited Partnership Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Agreement of Limited Partnership (Behringer Harvard Short Term Opportunity Fund I Lp)
Time of Liquidation. A Subject to Section 13.4(d) a reasonable time ------------------- shall be allowed for the orderly liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner Partnership to minimize to the extent it deems practicable, advisable or desirable the normal losses attendant upon a liquidation.
Appears in 2 contracts
Samples: General Partnership Agreement (Coso Power Developers), General Partnership Agreement (Coso Power Developers)
Time of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the LLC's assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner Manager to minimize the losses attendant upon a liquidation.
Appears in 1 contract
Samples: Operating Agreement (Moore William P Iii as Trustee)
Time of Liquidation. A Subject to Section 13.4(d) a reasonable time ------------------- shall be allowed for the orderly liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner Partnership to minimize to the extent it deems practicable, advisable or desirable the normal losses attendant upon a the liquidation.
Appears in 1 contract
Samples: General Partnership Agreement (Coso Power Developers)
Time of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the properties and other assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Managing Partner to minimize to the extent it deems practicable, advisable or desirable the normal losses attendant upon a liquidation.
Appears in 1 contract
Samples: Partnership Agreement (LYON EAST GARRISON Co I, LLC)
Time of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the properties and other assets of the Partnership Company and the discharge of liabilities to creditors so as to enable the General Partner Member to attempt to minimize to the extent it deems practicable, advisable or desirable the normal losses attendant upon a liquidation.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Time of Liquidation. A reasonable time shall be allowed for --------------------- the orderly liquidation of the LLC's assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner Members to minimize the losses attendant upon a liquidation.
Appears in 1 contract
Time of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the LLC’s assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner Members to minimize the losses attendant upon a liquidation.
Appears in 1 contract
Time of Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership Property and the discharge of liabilities to creditors so as to enable the General Partner Partners to minimize the normal losses attendant upon a liquidation.
Appears in 1 contract
Samples: Limited Partnership Agreement (Dynegy Energy Partners Lp)