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C150338 Feasibility
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C150338 Feasibility
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Last modified
2/24/2015 11:21:22 AM
Creation date
10/10/2012 8:16:51 AM
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Template:
Loan Projects
Contract/PO #
CT2015-051
C150338
Contractor Name
Eckhardt Farms Inc
Contract Type
Loan
Water District
1
County
Weld
Loan Projects - Doc Type
Feasibility Study
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(b) No Partner shall transf <br />or any part thereof, to any person w <br />"outsider ") unless all other Partners <br />and unless the proposed transferee ex; <br />the terms of this Partnership Agri <br />Partner, in proportion to his percen <br />the transfer, shall relinquish all of <br />Partnership, including but not limitec <br />capital and drawing account balances. <br />proportion to the percentage owner <br />entitled to the credit balances in <br />capital and drawing accounts. A tray. <br />ring Partner shall not be relieved of <br />any deficiencies in his capital or dra <br />the transferee expressly agrees to as <br />(c) No Partner shall enc <br />or any part thereof, without the <br />Partners. <br />(d) If any creditor of a Par <br />acquires or attempts to acquire owner <br />in the Partnership, or if a charging <br />Partnership interest, or if a spout <br />Partner's interest incident to a divot <br />if a Partner attempts to make a gift <br />Partnership interest to an outside <br />interest is the subject of any such t <br />may, at the option of the remaining <br />though he elected to withdraw from <br />Paragraph 17. No such transferee <br />partner or entitle the assignee to par' <br />administration of the partnership <br />information or account of partnership <br />partnership books. Such transferee <br />receive the distribution of profits wh <br />distributed to the assigning partner. <br />er his Partnership interest, <br />io is not a Partner (i.e. an <br />expressly consent in writing <br />)ressly agrees to be bound by <br />:ement. The transfer ring <br />:age ownership, by virtue of <br />Zis right and interest in the <br />to any rights based upon his <br />The transferee Partner, in <br />ship transferred, shall be <br />the transferring Partner's <br />sfer <br />his obligation to eliminate <br />Ting account balances, unless <br />sume that obligation. <br />:r his Partnership interest, <br />itten consent of all other <br />ner or trustee for creditors <br />;hip of a Partner's interest <br />order is asserted against a <br />of a Partner acquires a <br />ze or dissolution action, or <br />of all or any part of his <br />then the Partner whose <br />-ansfer or proposed transfer <br />partner(s) be treated as <br />.he Partnership pursuant to <br />;hall become a substituted <br />icipate in the management or <br />business, to require any <br />transactions, or to inspect <br />:hall merely be entitled to <br />ch would otherwise have been <br />(e) Any Partner permitting or causing a breach of this <br />Paragraph 16, shall not have the right to force the dissolution and <br />termination of Partnership or to require the Partnership to <br />liquidate his Partnership interest, hut in place of those rights <br />each Partner shall have the right towithdraw from the Partner ship <br />to the extent provided in Paragraph lt of this Agreement. <br />17. <br />(a) The Partners recognize that under Colorado law <br />certain events result in the dissolution of the Partnership, and <br />the Partners understand that if the Partnership is dissolved, <br />either the business must be terminated and the assets liquidated or <br />a new Partnership or other entity must be formed to continue the <br />F: \GHO \ECKHARDT\PA RTNERS.A GT 6 <br />
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