Laserfiche WebLink
(c) Subject to the provisions of Section 4.3, the occurrence <br /> of a Terminating Event with respect to the sole remaining General <br /> Partner. <br /> (d) The entry of a decree of judicial dissolution under the <br /> Act by a court of competent jurisdiction. <br /> (e) The sale of all or substantially all of the <br /> Partnership's property. <br /> (f) A Majority Vote of the Limited Partners in <br /> circumstances where the Limited Partners have the right to remove <br /> the General Partner under sections 8.3(a) and (b) of this <br /> Agreement. <br /> Except as provided in this Agreement, no Partner shall have <br /> the right (and each Partner agrees not) to dissolve, terminate or <br /> liquidate the Partnership, or to petition a court therefor, or to <br /> petition or to take any action to subject the Development or <br /> Partnership property to the authority of any court of bankruptcy. <br /> 4.3. Continuation. <br /> Upon the occurrence of a Terminating Event with respect to a <br /> sole General Partner, the Limited Partners by a Majority Vote <br /> may elect to continue the Partnership's business and admit a new <br /> General Partner. If a General Partner ceases to be a General <br /> Partner for any reason and there is no remaining or surviving <br /> General Partner, admission of a new General Partner and a <br /> decision to continue the Partnership's business must be approved <br /> by a Majority Vote of the Limited Partners. Expenses relating to <br /> the Partnership's continuation shall constitute Partnership <br /> Expenses. <br /> -13- <br />