Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc. regarding administration of limited partnership dated November 19, 1999. 13 pages.
A Hawaii Sample Limited Partnership Agreement is a legally binding document that establishes the terms and conditions between two parties, DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc., for conducting a limited partnership in the state of Hawaii. Below is a detailed description of what this partnership agreement entails, along with relevant keywords: 1. Introduction and Purpose: This section of the agreement provides an overview of the partnership, stating that it is formed for the purpose of engaging in a specific business venture or investment opportunity. Keywords: partnership agreement, limited partnership, Hawaii. 2. Partnership Structure and Ownership: The agreement outlines the structure of the limited partnership, designating DAHLIA Holdings, Inc. as the general partner and Decade Aircraft Holdings, Inc. as the limited partner. Keywords: general partner, limited partner, ownership structure. 3. Capital Contributions: This section details the initial capital contributions made by each partner, including the amount, form of contribution (cash, assets, or services), and any subsequent contributions required. Keywords: capital contributions, investments, funding. 4. Profit Sharing and Distribution: The partnership agreement specifies how profits and losses will be allocated among the partners, as well as the frequency and method of distribution. Keywords: profit sharing, distribution, allocation. 5. Management and Decision Making: It outlines the rights, duties, and responsibilities of the general and limited partners in managing the partnership's affairs and making major decisions. Keywords: management, decision-making, rights and duties. 6. Dissolution and Termination: This section describes the conditions under which the partnership may be dissolved or terminated, including events such as bankruptcy, death, or withdrawal of a partner. Keywords: dissolution, termination, withdrawal. 7. Confidentiality and Non-Compete: The agreement may include provisions relating to the protection of confidential information and non-compete clauses to safeguard the partnership's interests. Keywords: confidentiality, non-compete, intellectual property. 8. Dispute Resolution: The agreement may outline the process for resolving disputes between the partners, such as through mediation or arbitration, in order to avoid litigation. Keywords: dispute resolution, mediation, arbitration. Types of Hawaii Sample Limited Partnership Agreements between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may include variations such as: 1. Specific Project Partnership Agreement: This type of agreement is formed for a specific project or venture, with a defined start and end date. It may outline project milestones, financial goals, and specific roles and responsibilities. 2. Continuous Partnership Agreement: In contrast to a specific project partnership, this type of agreement is formed for an ongoing partnership with no predetermined end date. It allows the partners to engage in multiple projects or investments over an extended period. 3. Joint Venture Agreement: A joint venture agreement may be used when the partnership involves DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc., along with other third-party partners, to collaborate on a particular business opportunity or venture. In conclusion, a Hawaii Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. is a legally binding document that establishes the terms and conditions for a partnership in the state of Hawaii. It outlines the partnership structure, capital contributions, profit sharing, decision-making processes, dissolution procedures, and other relevant provisions to govern the partnership. The agreement can be customized based on the specific nature and goals of the partnership, including various types like specific project partnership, continuous partnership, or joint venture agreement.
A Hawaii Sample Limited Partnership Agreement is a legally binding document that establishes the terms and conditions between two parties, DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc., for conducting a limited partnership in the state of Hawaii. Below is a detailed description of what this partnership agreement entails, along with relevant keywords: 1. Introduction and Purpose: This section of the agreement provides an overview of the partnership, stating that it is formed for the purpose of engaging in a specific business venture or investment opportunity. Keywords: partnership agreement, limited partnership, Hawaii. 2. Partnership Structure and Ownership: The agreement outlines the structure of the limited partnership, designating DAHLIA Holdings, Inc. as the general partner and Decade Aircraft Holdings, Inc. as the limited partner. Keywords: general partner, limited partner, ownership structure. 3. Capital Contributions: This section details the initial capital contributions made by each partner, including the amount, form of contribution (cash, assets, or services), and any subsequent contributions required. Keywords: capital contributions, investments, funding. 4. Profit Sharing and Distribution: The partnership agreement specifies how profits and losses will be allocated among the partners, as well as the frequency and method of distribution. Keywords: profit sharing, distribution, allocation. 5. Management and Decision Making: It outlines the rights, duties, and responsibilities of the general and limited partners in managing the partnership's affairs and making major decisions. Keywords: management, decision-making, rights and duties. 6. Dissolution and Termination: This section describes the conditions under which the partnership may be dissolved or terminated, including events such as bankruptcy, death, or withdrawal of a partner. Keywords: dissolution, termination, withdrawal. 7. Confidentiality and Non-Compete: The agreement may include provisions relating to the protection of confidential information and non-compete clauses to safeguard the partnership's interests. Keywords: confidentiality, non-compete, intellectual property. 8. Dispute Resolution: The agreement may outline the process for resolving disputes between the partners, such as through mediation or arbitration, in order to avoid litigation. Keywords: dispute resolution, mediation, arbitration. Types of Hawaii Sample Limited Partnership Agreements between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may include variations such as: 1. Specific Project Partnership Agreement: This type of agreement is formed for a specific project or venture, with a defined start and end date. It may outline project milestones, financial goals, and specific roles and responsibilities. 2. Continuous Partnership Agreement: In contrast to a specific project partnership, this type of agreement is formed for an ongoing partnership with no predetermined end date. It allows the partners to engage in multiple projects or investments over an extended period. 3. Joint Venture Agreement: A joint venture agreement may be used when the partnership involves DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc., along with other third-party partners, to collaborate on a particular business opportunity or venture. In conclusion, a Hawaii Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. is a legally binding document that establishes the terms and conditions for a partnership in the state of Hawaii. It outlines the partnership structure, capital contributions, profit sharing, decision-making processes, dissolution procedures, and other relevant provisions to govern the partnership. The agreement can be customized based on the specific nature and goals of the partnership, including various types like specific project partnership, continuous partnership, or joint venture agreement.