Examples of Removal Date in a sentence
Following the Removal Date, the appointment of the Manager shall be automatically terminated without further cost to the Partnership, provided that, the Manager shall be entitled to be reimbursed for any Partnership Expenses reasonably incurred by them on behalf of the Partnership prior to the Removal Date, provided further that, the General Partner shall be entitled to receive in full any Management Fee accrued but unpaid as of the Removal Date.
Clause 13 of Part 2 with respect to Class A Interests or Clause 16 of Part 3 with respect to Class B Interests shall be applied to the General Partner (and all calculations thereunder shall be made) as though the only Investments and Partnership Expenses were those made and incurred prior to the removal of the replaced General Partner, and the replaced General Partner shall remain liable to perform the terms of this Agreement to the extent that they apply to the period prior to the Removal Date.