Winding Up and Dissolution of Partnership. (a) The General Partner, except, where the General Partner is unable to perform this function, a liquidator elected by a majority in interest (determined by Points) of Limited Partners, shall commence the winding-up of the Partnership pursuant to the Partnership Law upon the occurrence of any Winding-Up Event. The General Partner or appointed liquidator shall terminate the business and administrative affairs of the Partnership and commence the winding up of the Partnership’s assets.
Appears in 3 contracts
Samples: Apollo Global Management, Inc., Apollo Global Management, Inc., Apollo Global Management LLC
Winding Up and Dissolution of Partnership. (a) The General Partner, except, where the General Partner is unable to perform this function, a liquidator elected by a majority in interest (determined by Points) of Limited Partners, shall commence the winding-up of the Partnership pursuant to the Partnership Law upon the occurrence of any Winding-Up Event. The General Partner or appointed liquidator shall terminate the business and administrative affairs of the Partnership and commence the winding up liquidation of the Partnership’s assets.
Appears in 1 contract
Samples: Apollo Global Management, Inc.