Common use of Withdrawal of General Partner Clause in Contracts

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner including but not limited to any Person who has by merger, consolidation or otherwise, acquired substantially all of the General Partner's assets or stocks and continued its business or terminated its business immediately after said merger, consolidation or otherwise. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner including but not limited to any Person who has by merger, consolidation or otherwise, acquired substantially all of the General Partner's assets or stocks and continued its business or terminated terminate its business immediately after said merger, consolidation or otherwise. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).