Common use of Voluntary Resignation or Dissolution Clause in Contracts

Voluntary Resignation or Dissolution. So long as its resignation as General Partner or dissolution would not result in the dissolution of the Partnership, the General Partner may resign as General Partner or dissolve on not less than 180 days' written notice to all Limited Partners. Such resignation shall be effective and the General Partner shall cease to be General Partner upon the earlier of: (a) the date specified in the notice; and (b) the admission of a new General Partner by Ordinary Resolution.

Appears in 1 contract

Samples: Limited Partnership Agreement (Synergx Systems Inc)

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Voluntary Resignation or Dissolution. So long as its resignation as General Partner or dissolution would not result in the dissolution of the Partnership, the The General Partner may resign as General Partner or dissolve on not less than 180 90 days' written notice to all Limited Partners. Such resignation shall will be effective and the General Partner shall will cease to be General Partner upon the earlier of: (a) the date specified in the notice; and (b) the admission of a new General Partner by Ordinary Resolutionapproval of at least 66 2/3% of the Class A LP Units.

Appears in 1 contract

Samples: Limited Partnership Agreement (Brookfield Property Partners L.P.)

Voluntary Resignation or Dissolution. So long as its resignation as General Partner or dissolution would not result in the dissolution of the Partnership, the The General Partner may resign as General Partner or dissolve on not less than 180 90 days' written notice to all Limited Partners. Such resignation shall will be effective and the General Partner shall will cease to be General Partner upon the earlier of: (a) the date specified in the notice; and (b) the admission of a new General Partner by Ordinary Resolution.

Appears in 1 contract

Samples: Arrangement Agreement (Mogo Inc.)

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Voluntary Resignation or Dissolution. So long as its resignation as General Partner or dissolution would not result in the dissolution of the Partnership, the General Partner may resign as General Partner or dissolve on not less than 180 days' written notice to all Limited Partners. Such resignation shall be effective and the General Partner shall cease to be General Partner upon the earlier of: (a) the date specified in the notice; and (b) the admission of a new General Partner by Ordinary Resolution.

Appears in 1 contract

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

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