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80-~~0493G 48 shall thereupon be dissolved. Far this purpose, the term "retirement" shall include a change in the status of a General Partner to that of a Limited Partner pursuant to Article 23. 18.3 Notwithstanding Section 18.2, the busi- Hess ~f the Partnership shall he continued after the death, retirement, bankrugtcy or insanity of a General Partner if the remaining General Partner or Partners satisfy the require- ments of the Internal Revenue Service referzed to in Section 23.1 for insuring that the Partnership will be treated as a partnership and else*_ to con*_inue such business within 9D days after any such event (each General Partner hereby agree- ing to make such election); or, in the event there is no remaining General Partner, or the General Partner(s) fails to so qualify or so elect, if within 90 days after such death, retirement, bankruptcy or insanity, all of rte Lim- ited Fanners shall elect to continue the business of the Partnership and designate one or more persons {including, xithout limitation, any Limited Partner who consents thereto) to be the General Partner or General Partners of the Partner- ship upon such terms and conditions as are consented to by all Partners {or their Iega1 representatives or successors). F+or purposes of this section, if tMO-thirds in interest of the Limited Partners (detenained in proportion to capital . !