Upon dissolution. Upon its dissolution, the Partnership will terminate and immediately commence to wind up its affairs. The Partners shall continue to share in profits and losses during liquidation in the same manner and proportions as they did before dissolution. The partnership’s assets may be sold, if a price deemed reasonable by the General Partner may be obtained. The proceeds from liquidation of Partnership assets shall be applied as follows:
Appears in 4 contracts
Samples: Limited Partnership Agreement (Hospital of Fulton, Inc.), Limited Partnership Agreement (Hospital of Fulton, Inc.), Limited Partnership Agreement (Hospital of Fulton, Inc.)
Upon dissolution. Upon its dissolution, the Partnership will terminate and immediately commence to wind up its affairs. The Partners shall continue to share in profits and losses during liquidation in the same manner and proportions as they did before dissolution. The partnershipPartnership’s assets may be sold, if a price deemed reasonable by the General Partner may be obtained. The proceeds from liquidation of Partnership assets shall be applied as follows:
Appears in 3 contracts
Samples: Limited Partnership Agreement (Hospital of Fulton, Inc.), Limited Partnership Agreement (Winder HMA, LLC), Republic Services Financial Limited Partnership Limited Partnership Agreement (Environtech Inc.)
