Common use of Withdrawal of Partners Clause in Contracts

Withdrawal of Partners. No Partner may withdraw from the Partnership without the consent of the other Partner. Any Partner withdrawing in contravention of this Section 10.1 shall indemnify, defend and hold harmless the Partnership and all other Partners from and against any losses, expenses, judgments, fines, settlements or damages suffered or incurred by the Partnership or any other Partner arising out of or resulting from such retirement or withdrawal. No Transfer of all or a portion of a Partner’s interest in accordance with Article IX shall constitute a withdrawal within the meaning of this Section 10.1.

Withdrawal of Partners. No Partner may withdraw from the Partnership without the unanimous consent of the other PartnerPartners, which consent may be granted or withheld in their sole discretion. Any Partner withdrawing in contravention of this Section 10.1 shall indemnify, defend and hold harmless the Partnership and all other Partners from and against any losses, expenses, judgments, fines, settlements or damages suffered or incurred by the Partnership or any other Partner arising out of or resulting from such retirement or withdrawal. No Transfer of all or a portion of a Partner’s interest in accordance with Article IX shall constitute a withdrawal within the meaning of this Section 10.1.

Withdrawal of Partners. No Except as otherwise provided in Section 5.3, no Partner may withdraw from the Partnership without the consent of the other PartnerPartnership. Any Partner withdrawing in contravention of this Section 10.1 shall indemnifyindemnity, defend and hold harmless the Partnership and all other Partners from and against any losses, expenses, judgments, fines, settlements or damages suffered or incurred by the Partnership or any other Partner arising out of or resulting from such retirement or withdrawal. No Transfer of all or a portion of a Partner’s interest in accordance with Article IX shall constitute a withdrawal within the meaning of this Section 10.1.

Withdrawal of Partners. No Subject to the further provisions of this Section 11.1 and except as provided in Article X, no Partner may shall at any time withdraw from the Partnership without the consent of the other PartnerPartnership. Any Partner withdrawing in contravention of this Section 10.1 11.1 shall indemnify, defend and hold harmless the Partnership and all the other Partners from and against any losses, expenses, judgments, fines, settlements or damages suffered or incurred by the Partnership or any such other Partner Partners arising out of or resulting from such retirement or withdrawal. No Transfer permitted transfer of all or a any portion of a Partner’s interest 's Interest in the Partnership, in accordance with Article IX X shall constitute a withdrawal within the meaning in violation of this Section 10.111.1.

Withdrawal of Partners. No Except as otherwise provided in Section 5.3, no Partner may withdraw from the Partnership without the consent of the other PartnerPartnership. Any Partner withdrawing in contravention of this Section 10.1 shall indemnify, defend and hold harmless the Partnership and all other Partners from and against any losses, expenses, judgments, fines, settlements or damages suffered or incurred by the Partnership or any other Partner arising out of or resulting from such retirement or withdrawal. No Transfer of all or a portion of a Partner’s interest in accordance with Article IX shall constitute a withdrawal within the meaning of this Section 10.1.