Common use of Withdrawal by General Partner Clause in Contracts

Withdrawal by General Partner. The General Partner shall not cease to act as the General Partner of the Partnership without the prior written approval of the Limited Partners holding a majority of the outstanding Class B Common Units.

Appears in 31 contracts

Samples: Limited Partnership Agreement, Agreement of Limited Partnership, Merger Agreement (Och-Ziff Capital Management Group LLC)

AutoNDA by SimpleDocs

Withdrawal by General Partner. The General Partner shall not cease to act as the General Partner of the Partnership without the prior written approval of the Limited Partners holding a majority of the outstanding Class B Common Units.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Och-Ziff Capital Management Group LLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!