Withdrawal of General Partner. The withdrawal of any person as a General Partner for any reason does not constitute a breach of this Agreement. The withdrawing General Partner then becomes a Limited Partner and will retain the economic interest (previously held as a General Partner) as a Limited Partner. If after the withdrawal, there remains other General Partner(s), these General Partner(s) will continue the business of the Limited Partnership. "
Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner, and, to the extent required, of Rural Development. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).
Withdrawal of General Partner. (a) The General Partner shall not withdraw as the Partnership’s general partner except upon the transfer of all of its Partnership Interest.
Withdrawal of General Partner. The General Partner shall not withdraw as the Partnership's general partner except as follows:
Withdrawal of General Partner. The General Partner covenants and agrees that it will not withdraw as the General Partner of the Partnership for the term of the Partnership except as permitted under this Agreement.
Withdrawal of General Partner. The General Partner hereby agrees that it will not withdraw from the Partnership as General Partner, except in connection with, and contemporaneously with or following, a Transfer of its Interest in accordance with the provisions of Section 7.1 or 7.2 and the admission of the Transferee as a Partner pursuant to Section 7.3.
Withdrawal of General Partner. (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner including but not limited to any Person who has by merger, consolidation or otherwise, acquired substantially all of the General Partner's assets or stocks and continued its business or terminated its business immediately after said merger, consolidation or otherwise. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).
Withdrawal of General Partner. The General Partner may withdraw from the Partnership at any time, in its sole discretion, by giving one (1) year prior written notice to the Partnership.
Withdrawal of General Partner. The General Partner shall not withdraw from the Partnership without the approval of the Limited Partners holding a majority of the outstanding Class A Common Units.
Withdrawal of General Partner. The General Partner may not withdraw from the Partnership without the express written consent of the Limited Partner.
