Connecticut Sample Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc.

• Category: Corporations - Public - Partnerships
• State: Multi-State
• Control #: US-EG-9359
• Format: Word; Rich Text

Description

Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc. regarding administration of limited partnership dated November 19, 1999. 13 pages. Connecticut Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. This limited partnership agreement (hereinafter referred to as the "Agreement") is entered into on [date] by and between DAHLIA Holdings, Inc. (hereinafter referred to as the "General Partner") and Decade Aircraft Holdings, Inc. (hereinafter referred to as the "Limited Partner"). The purpose of this Agreement is to establish a limited partnership in accordance with the laws of the state of Connecticut, where DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. shall collaborate in various business endeavors. The Agreement outlines the roles, responsibilities, and rights of the General Partner and the Limited Partner within the partnership. Key terms covered in this Agreement include: 1. Formation of Limited Partnership: Provides a comprehensive overview of the formation of the limited partnership, including the names of the partners, the business objective, and the principal place of business. 2. Capital Contributions: Specifies the initial capital contributions from each partner and establishes guidelines for future capital contributions as required by the partnership. 3. Allocation and Distribution of Profits and Losses: Outlines how profits and losses will be allocated between the General Partner and the Limited Partner. It also defines the frequency and method of distributions to the partners. 4. Management and Decision-Making: Details the decision-making structure and the authority of the General Partner in managing the partnership. This section also covers limitations placed on the Limited Partner's involvement in management. 5. Transfer of Partnership Interests: Addresses the conditions and restrictions for the transfer of partnership interests, including the rights of first refusal and the procedures to be followed during transfer. 6. Dissolution and Liquidation: Outlines the circumstances under which the partnership may be dissolved and establishes the procedures for the liquidation and winding up of the partnership's affairs. Different types of Connecticut Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may include variations based on the specific business activities, duration, or profit-sharing arrangements. It is important for both parties to consult legal professionals to tailor the agreement to their specific needs. This limited partnership agreement serves as a legally binding contract and provides a framework for the collaborative efforts between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. It is recommended that both parties thoroughly review and understand the terms before signing, ensuring a clear understanding of each party's rights and obligations in order to foster a successful partnership.

Connecticut Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. This limited partnership agreement (hereinafter referred to as the "Agreement") is entered into on [date] by and between DAHLIA Holdings, Inc. (hereinafter referred to as the "General Partner") and Decade Aircraft Holdings, Inc. (hereinafter referred to as the "Limited Partner"). The purpose of this Agreement is to establish a limited partnership in accordance with the laws of the state of Connecticut, where DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. shall collaborate in various business endeavors. The Agreement outlines the roles, responsibilities, and rights of the General Partner and the Limited Partner within the partnership. Key terms covered in this Agreement include: 1. Formation of Limited Partnership: Provides a comprehensive overview of the formation of the limited partnership, including the names of the partners, the business objective, and the principal place of business. 2. Capital Contributions: Specifies the initial capital contributions from each partner and establishes guidelines for future capital contributions as required by the partnership. 3. Allocation and Distribution of Profits and Losses: Outlines how profits and losses will be allocated between the General Partner and the Limited Partner. It also defines the frequency and method of distributions to the partners. 4. Management and Decision-Making: Details the decision-making structure and the authority of the General Partner in managing the partnership. This section also covers limitations placed on the Limited Partner's involvement in management. 5. Transfer of Partnership Interests: Addresses the conditions and restrictions for the transfer of partnership interests, including the rights of first refusal and the procedures to be followed during transfer. 6. Dissolution and Liquidation: Outlines the circumstances under which the partnership may be dissolved and establishes the procedures for the liquidation and winding up of the partnership's affairs. Different types of Connecticut Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may include variations based on the specific business activities, duration, or profit-sharing arrangements. It is important for both parties to consult legal professionals to tailor the agreement to their specific needs. This limited partnership agreement serves as a legally binding contract and provides a framework for the collaborative efforts between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. It is recommended that both parties thoroughly review and understand the terms before signing, ensuring a clear understanding of each party's rights and obligations in order to foster a successful partnership.