Winding Up and Liquidation. After the Partnership shall be dissolved pursuant to the provisions of Sections 12.1 or 12.2, the Management Committee shall continue to exercise its powers under this Agreement for the purpose of winding up the business of the Partnership and liquidating its assets in an orderly manner, but the Partnership shall engage in no new business during the period of such winding up.
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Samples: Limited Partnership Agreement (Tc Pipelines Lp), Limited Partnership Agreement (Iroquois Gas Transmission System Lp)
Winding Up and Liquidation. After If the Partnership shall be partnership is dissolved pursuant to the provisions of Sections 12.1 or 12.2section 13, the Management Committee management committee shall continue to exercise its the powers under vested in it by this Agreement and continue to operate the project in the normal course to the extent appropriate for the purpose of winding up the business of the Partnership partnership and liquidating its the assets in an orderly manner, but the . Partnership shall engage in no new business during the period of such winding up.assets will be treated as follows:
Appears in 1 contract
Samples: Company Partnership Agreement (Questar Pipeline Co)
Winding Up and Liquidation. After If the Partnership shall be is dissolved pursuant to the provisions of Sections 12.1 or 12.2section 14, the Management Committee shall continue to exercise its the powers under vested in it by this Agreement and continue to operate the Project in the normal course to the extent appropriate for the purpose of winding up the business of the Partnership and liquidating its the assets in an orderly manner, but the . Partnership shall engage in no new business during the period of such winding up.assets will be treated as follows:
Appears in 1 contract
Samples: Company Partnership Agreement (Questar Pipeline Co)
Winding Up and Liquidation. After Upon the Partnership shall be dissolved pursuant to dissolution of the provisions of Sections 12.1 or 12.2Partnership, the Management Committee shall continue to exercise its powers under this Agreement for the purpose of winding up the business of the tie Partnership and liquidating its assets in an orderly manner, but the Partnership shall engage in no new business during the period of such winding up.
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Samples: Agreement (Tc Pipelines Lp)
Winding Up and Liquidation. After the Partnership shall be dissolved pursuant to the provisions of Sections 12.1 §§11.1 or 12.211.2, the Management Committee shall continue to exercise its powers under this Agreement for the purpose of winding up the business of the Partnership and liquidating its assets in an orderly manner, but the Partnership shall engage in no new business during the period of such winding up.
Appears in 1 contract
