Withdrawal of General Partner or Additional General Partner Sample Clauses

Withdrawal of General Partner or Additional General Partner. (a) The General Partner or any Additional General Partner may make a complete withdrawal from the Partnership with ninety (90) calendar days prior written notice to all the Limited Partners; provided, however, in the event Trillium Fundamental Value Fund GP, LLC withdraws from the Partnership, any Limited Partner may make a complete withdrawal from its Capital Account effective coincident with the effective date of the withdrawal of Trillium Fundamental Value Fund GP, LLC upon written notice to the Partnership within fifteen (15) calendar days after written notice of the withdrawal of Trillium Fundamental Value Fund GP, LLC is delivered to such Limited Partner. The right of a Limited Partner who withdraws from the Partnership pursuant to this Section 7.10(a) to receive distributions in retirement of its Interest shall be governed by Section 6.1 hereof. Notwithstanding anything herein to the contrary, a Limited Partner shall not be permitted to make a withdrawal from its Capital Account pursuant to this Section 7.10(a) if Trillium Fundamental Value Fund GP, LLC transfers its Interests or assigns its duties hereunder to an Affiliate. Neither the General Partner nor any Additional General Partner may be removed from the Partnership.
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