Examples of Redemption Proceeds in a sentence
Upon the dissolution and winding up of the Partnership, in terms of this Agreement or otherwise, a final accounting shall be made of the Partnership's assets, liabilities, Redemption Proceeds and operations from the date of the most recent audited annual financial statements received from the Auditors to the date of such dissolution.
At the time such distributions of Redemption Proceeds are made in accordance with the terms hereof, the Partnership shall terminate.
This Agreement may be amended in whole or in part by the General Partner provided, however, that no such variation shall be made which shall impose upon any Partner any obligation to make any further settlement to the Partnership beyond the amount of its Capital Investment or which otherwise adversely affects the rights and interests of the General Partner or the Limited Partners, including without limitation to any change in the allocation of the Redemption Proceeds.
On the Completion Date and upon settlement of the Redemption Proceeds or other event that is contemplated herein which causes the dissolution of the Partnership, the General Partner is, to the extent permissible in law or by the Master of the High Court, hereby appointed as the Liquidator of the Partnership subject to the provisions of this Agreement.