Common use of Transfer of Management Clause in Contracts

Transfer of Management. On the appointment of a new General Partner to the Partnership upon the resignation or removal of the General Partner, the resigning or retiring General Partner shall do all things and take all steps to transfer the administration, management, control and operation of the Partnership and the books, records and accounts of the Partnership to the new General Partner and execute and deliver all deeds, certificates, declarations and other documents necessary or desirable to effect such transfer.

Appears in 5 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Coal Valley Resources Inc.), Limited Partnership Agreement (Dollarama CORP)

AutoNDA by SimpleDocs

Transfer of Management. On the appointment admission of a new General Partner to the Partnership upon the resignation or removal of Partnership, the General Partner, the resigning Partner that was removed or retiring General Partner shall resigned will do all things and take all steps to transfer the administration, management, control and operation of the business of the Partnership and the books, records and accounts of the Partnership to the new General Partner and will execute and deliver all deeds, certificates, declarations and other documents necessary or desirable to effect such transfer.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Brookfield Property Partners L.P.), Limited Partnership Agreement (Synergx Systems Inc)

Transfer of Management. On Upon the appointment of a new Managing General Partner to the Partnership upon the resignation or removal dismissal of the Managing General Partner, the resigning or retiring dismissed Managing General Partner shall do all things and shall, subject to the terms of the Management Agreement, take all the necessary steps to ensure the transfer to the new Managing General Partner of the administration, management, control direction and operation of the business of the Partnership and as well as the books, records registers and accounts of the Partnership to the new General Partner Partnership, and execute it shall sign and deliver all deeds, certificates, declarations and other documents that are necessary or desirable to effect such a transfer.

Appears in 1 contract

Samples: Limited Partnership Agreement (Alderon Iron Ore Corp.)

Transfer of Management. On the appointment admission of a new General Partner to the Partnership upon the resignation or removal of Partnership, the General Partner, the resigning Partner that was removed or retiring General Partner shall resigned will do all things and take all steps to transfer the administration, management, control and operation of the Partnership Business and the books, records and accounts of the Partnership to the new General Partner and will execute and deliver all deeds, certificates, declarations and other documents necessary or desirable to effect such transfer.

Appears in 1 contract

Samples: Limited Partnership Agreement (Thompson Creek Metals Co USA)

Transfer of Management. On Upon the appointment of a new General Partner to the Partnership upon the resignation or removal dismissal of the General Partner, the resigning or retiring dismissed General Partner shall do all things and shall, subject to the terms of the Management Agreement, take all the necessary steps to ensure the transfer to the new General Partner of the administration, management, control direction and operation of the business of the Partnership and as well as the books, records registers and accounts of the Partnership to the new General Partner Partnership, and execute it shall sign and deliver all deeds, certificates, declarations and other documents that are necessary or desirable to effect such a transfer.. Legal*7421044.1

Appears in 1 contract

Samples: Agreement (Alderon Iron Ore Corp.)

AutoNDA by SimpleDocs

Transfer of Management. On the appointment admission of a new General Partner to the Partnership upon on the resignation withdrawal or removal of the General Partner, the resigning or retiring General Partner shall will do all things and take all steps to transfer title to the Partnership Assets and to transfer administration, management, control and operation of the business of the Partnership and the books, records and accounts of the Partnership to the new General Partner and will execute and deliver all deeds, certificates, declarations and other documents necessary or desirable to effect such transfer.

Appears in 1 contract

Samples: Limited Partnership Agreement (Ipsco Inc)

Transfer of Management. On the appointment admission of a new General Partner to the Partnership upon the resignation or removal of Partnership, the General Partner, the resigning Partner that was removed or retiring General Partner shall resigned will do all things and take all steps to transfer the administration, management, control and operation of the business of the Partnership and the books, records and accounts of the Partnership to the new General Partner and will execute and deliver all deeds, certificates, declarations and other documents necessary or desirable to effect such transfertransfer in a timely fashion.

Appears in 1 contract

Samples: Limited Partnership Agreement (Mogo Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!