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7.8(b) or any amounts due under any loans from the General <br /> Partner. <br /> Terminating Event. The happening of any of the events <br /> described in Section 15642(c) through (i) of the Act with respect <br /> to the General Partner. <br /> Transfer. Any sale, exchange, assignment, encumbrance, <br /> hypothecation, pledge, foreclosure, conveyance in trust, gift or <br /> other transfer of any kind, whether direct or indirect, other <br /> than as a direct consequence of a Terminating Event. <br /> SECTION 2: CONTINUATION <br /> 2.1. Continuation. <br /> The Partnership was formed on September 8, 1989, on which <br /> date a certificate of limited partnership was filed with the <br /> California Secretary of State. The Partners hereby continue the <br /> Partnership under the Act in accordance with the provisions of <br /> this Agreement. In connection therewith, the General Partner has <br /> provided the Limited Partner with an opinion of counsel in the <br /> form attached to this Agreement as Exhibit J and incorporated <br /> herein by this reference. <br /> 2.2. Name. <br /> The name of the Partnership is "Ridge View Commons <br /> Associates, a California Limited Partnership." <br /> 2.3. Purpose. <br /> The Partnership's sole purpose is to own, hold for <br /> investment, operate, manage and lease all of the Development for <br /> at least 15 years from January 1, 1990 and to operate all of the <br /> -9- <br />