Withdrawal Upon Request. The Managing Partner or any number of General Partners holding in the aggregate a majority of the General Partner Percentages may cause the withdrawal of any Partner from the Partnership. Such withdrawal decision is to be communicated to the Partner (the “Mandatory Withdrawal Notice”) and in a reasonable time thereafter the Partnership shall inform the Partner in writing of the total amount of Capital Contribution (Limited Partner or Subordinated Limited Partner) and/or General Partner’s Adjusted Capital Contribution withdrawn from the Partnership (the “Mandatory Withdrawal Amount”).
Appears in 3 contracts
Samples: Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies LLLP), Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies LLLP), Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies LLLP)
Withdrawal Upon Request. The Managing Partner or any number of General Partners holding in the aggregate a majority of the General Partner Percentages may cause the withdrawal of any Partner from the Partnership. Such withdrawal decision is to be communicated to the Partner (the “Mandatory Withdrawal Notice”) and and, in the case of a General Partner, Limited Partner or Subordinated Limited Partner, in a reasonable time thereafter the Partnership shall inform the such Partner in writing of the total amount of Capital Contribution (Limited Partner or Subordinated Limited Partner) and/or General Partner’s 's Adjusted Capital Contribution withdrawn from the Partnership (the “Mandatory Withdrawal Amount”).
Appears in 1 contract
Samples: Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies LLLP)
