Common use of Withdrawal of the Manager Clause in Contracts

Withdrawal of the Manager. (a) The Manager may withdraw from this Fund at any time, without any breach of this Agreement, upon 90 calendar days' written notice to the Investors. Withdrawal of the Manager shall not dissolve this Fund if at the time there is at least one other manager remaining; however, all Investors shall be entitled to redeem their Units, in total and not in part, as of the effective date of any such withdrawal by the Manager, unless an entity affiliated with the Manager remains as a manager of this Fund. Nothing in this Section 4.01(a) shall, however, restrict the Manager from assigning and delegating its rights and obligations under this Agreement to an affiliate of the Manager upon notice (which need not be prior notice) to the Investors or in connection with the sale of all or a material portion of the Manager's equity or assets. (b) Withdrawal of the last remaining manager shall dissolve this Fund.

Withdrawal of the Manager. (a) The Manager may withdraw from this the Fund at any time, without any breach of this Agreement, upon 90 calendar days' ’ written notice to the InvestorsMembers. Withdrawal of the Manager shall not dissolve this the Fund if at the time there is at least one other manager remaining; however, all Investors Members shall be entitled to redeem their Units, in total and not in part, as of the effective date of any such withdrawal by the Manager, unless an entity affiliated with the Manager remains as a manager of this the Fund. Nothing in this Section 4.01(a) shall, however, restrict the Manager from assigning and delegating its rights and obligations under this Agreement to an affiliate of the Manager upon notice (which need not be prior notice) to the Investors Members or in connection with the sale of all or a material portion of the Manager's ’s equity or assets. (b) Withdrawal of the last remaining manager shall dissolve this the Fund.

Withdrawal of the Manager. (a) The Manager may withdraw from this Fund at any time, without any breach of this Agreement, upon 90 calendar days' ’ written notice to the Investors. Withdrawal of the Manager shall not dissolve this Fund if at the time there is at least one other manager remaining; however, all Investors shall be entitled to redeem their Units, in total and not in part, as of the effective date of any such withdrawal by the Manager, unless an entity affiliated with the Manager remains as a manager of this Fund. Nothing in this Section 4.01(a) shall, however, restrict the Manager from assigning and delegating its rights and obligations under this Agreement to an affiliate of the Manager upon notice (which need not be prior notice) to the Investors or in connection with the sale of all or a material portion of the Manager's ’s equity or assets. (b) Withdrawal of the last remaining manager shall dissolve this Fund.