Examples of Investor Partnership Agreement in a sentence
In addition, upon dissolution of the Partnership in accordance with Section 13.1(f), if the Investor Partnership is reconstituted pursuant to Section 14.2 of the Investor Partnership Agreement, the reconstituted entity may, within 180 days after such event of dissolution, as the Limited Partner, elect to reconstitute the Partnership in accordance with the foregoing sentence.
Any such resolution or course of action in respect of any conflict of interest shall not constitute a breach of this Agreement, of the Investor Partnership Agreement, of any other agreement contemplated herein or therein or of any duties stated or implied by law or equity, if such resolution or course of action is fair and reasonable to the Partnership.
The General Partner may not transfer any portion of its Partnership Interest as the general partner of the Partnership; provided, however, that if the general partner of the Investor Partnership transfers any portion of its partnership interest as a general partner therein to any Person in accordance with the provisions of the Investor Partnership Agreement, the General Partner shall also transfer the same portion of its Partnership Interest as the general partner of the Partnership to such Person.
The Partnership ------------------------------------------- Interest of a Departing Partner departing as a result of withdrawal or removal pursuant to Section 13.1 of the Investor Partnership Agreement shall be purchased by the successor to the Departing Partner.
The purchase price for such Partnership Interest shall be paid in cash and shall be equal to the fair market value of the Departing Partner's Partnership Interest, determined as of the effective date of its departure in the manner specified in the Investor Partnership Agreement.
The General -------------------------------------------------- Partner may not transfer all or any part of its Partnership Interest as the General Partner; provided, that if the General Partner transfers its partnership -------- interest as general partner in the Investor Partnership to any Person (in accordance with the provisions of the Investor Partnership Agreement), the General Partner shall also transfer its Partnership Interest as the General Partner to such Person.
Any such resolution or course of action in respect of any conflict of interest shall not constitute a breach of this Agreement, of the Investor Partnership Agreement, of any other agreement contemplated herein or therein, or of any duty stated or implied by law or equity, if such resolution or course of action is fair and reasonable to the Partnership.
If the General Partner gives notice of withdrawal as general partner of the Investor Partnership, and the limited partners thereof select a successor pursuant to the terms of the Investor Partnership Agreement, the Person so elected shall automatically become the successor General Partner of the Partnership.
This proposition is a result of the intersection sanctions and ability.