Withdrawal of Partner. Any Partner may withdraw from the Partnership at the end of any accounting period by giving the other Partner days, written notice of his or her intention to do so. (Number)
Withdrawal of Partner. If a Partner Transfers all of its Units pursuant to Section 11.1 and the Transferee of such Units is admitted as a Partner, the Partner transferring such Units shall cease to be a Partner of Premier LP immediately following such admission (which shall be effective on the effective date of the Transfer or such other date as may be specified). From and after such Transfer, such Partner shall not be entitled to any Distributions or any other rights associated with an Interest in Premier LP.
Withdrawal of Partner. No Partner may withdraw from the Partnership without the prior express written consent of the Managing Partner.
Withdrawal of Partner. If a Limited Partner Transfers all of its Interest pursuant to Section 11.1 and the Assignee of such Interest is admitted as a Limited Partner pursuant to
Withdrawal of Partner. In the event the Second Party is unable or unwilling to continue as a partner of the First Party or decides to withdraw from the Partnership for whatever reason, the following shall apply:
(a) Any substitute partner must be agreed to in writing by the First Party.
(b) Second Party will receive none of the profits upon the sale of the subject property unless otherwise agreed to by the First Party in writing.
(c) Second Party shall be reimbursed for any expenses incurred as a partner hereunder only upon the sale of the subject property and only if it is determined that a profit has been generated by said sale.
Withdrawal of Partner. Any notice of withdrawal by a Partner is not effective unless in writing actually received by the Managing Partner, or in the case of a withdrawal by the Managing Partner, in writing actually received by a majority in interest of the remaining Partners.
Withdrawal of Partner. 25 14.1 PAYMENT OF CAPITAL ACCOUNT DEFICIT........................................25
Withdrawal of Partner. Section 16 deals with the withdrawal of one of the Partners. For various reasons, you may not want to allow a Partner to withdraw from the Partnership. In that case, you should require unanimous consent of the Partners before a Partner can withdraw. In the event that you provide for a Partner's withdrawal, Section 16 will give the remaining Partner(s) the first option to purchase the withdrawing Partner's interest. Choose one of the options. If you do not want a Partner to be able to withdraw without the consent of all Partners, select the first option, otherwise select the second option. [No Partner may withdraw from the Partnership without the express written consent of all of the Partners / Either Partner may withdraw from the Partnership at the end of any accounting period by giving the other Partner thirty (30) days' written notice of his intention to do so. The withdrawing Partner will give the other Partner first option to purchase the other's interest, valued by independent appraisers or value of such interest as shown on the last regular accounting.)
Withdrawal of Partner. A Partner may withdraw from the Partnership with the unanimous consent of the Partners. In such case, the other Partner(s) shall make a settlement with the withdrawn Partner according to the then financial conditions of the Partnership and have the Partnership return the withdrawn Partner’s share of the properties of the Partnership, and each Partner shall have the obligation to urge the Managing Partner to perform the procedures for registration of the relevant changes with the competent administration for industry and commerce and give cooperation in this regard.
Withdrawal of Partner. Except as otherwise specifically permitted in this Agreement, no Partner shall at any time retire or withdraw from the Partnership. Any Partner retiring or withdrawing in contravention of this Section 11.1 shall indemnify, defend and hold harmless the Partnership and all other Partners from and against any losses, expenses, judgment, fines, settlements or damages suffered or incurred by the Partnership or any other Partner arising out of or resulting from such retirement or withdrawal.
