Common use of Transfer of Management Clause in Contracts

Transfer of Management. Upon the admission of a new general partner to the Partnership, the outgoing General Partner will do all things and take all steps to transfer immediately and effectively 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 other deeds, certificates, declarations and other documents reasonably necessary or desirable to effect this transfer.

Transfer of Management. Upon On the admission of a new general partner General Partner to the Partnership, the outgoing General Partner will do all things and take all steps to transfer immediately and effectively 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 General Partner and will execute and deliver all other deeds, certificates, declarations and other documents reasonably necessary or desirable to effect this such transfer.

Transfer of Management. Upon On the admission of a new general partner to the PartnershipGeneral Partner, the outgoing General Partner will shall do all things acts and shall take all steps to transfer immediately and effectively transfer the administrationmanagement and operation, managementassets, 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 General Partner including the execution of all other deeds, certificates, declarations and other documents reasonably whatsoever which may be necessary or desirable to effect this transfersuch change.