Illinois Sample Limited Partnership Agreement between Shearson Regional Malls, Inc. and Shearson Regional Malls Depositary Corp.

• Category: Corporations - Public - Limited Partnerships
• State: Multi-State
• Control #: US-EG-9173
• Format: Word; Rich Text

Description

Amended and Restated Agr. of Limited Partnership of Shopco Regional Malls, LP btwn Shearson Regional Malls, Inc. and Shearson Regional Malls Depositary Corp. dated October 6, 1998. 67 pages Illinois Sample Limited Partnership Agreement between She arson Regional Malls, Inc. and She arson Regional Malls Depository Corp. is a legally binding contract entered into between two parties, She arson Regional Malls, Inc. (the General Partner) and She arson Regional Malls Depository Corp. (the Limited Partner). This agreement outlines the terms and conditions under which they will form a limited partnership in the state of Illinois. The primary purpose of this partnership is to engage in the development, management, and operation of regional malls within the state of Illinois. By forming a limited partnership, both parties can pool their resources, expertise, and capital to achieve the common goal of creating successful and profitable regional malls. The Illinois Sample Limited Partnership Agreement covers various key aspects, including the contributions of each partner, the distribution of profits and losses, decision-making authority, and the duration of the partnership. It also highlights the rights and responsibilities of both partners, ensuring a fair and equitable relationship. Some relevant keywords associated with this agreement are: 1. Limited Partnership: A business structure where one or more general partners maintain management control while limited partners contribute capital but have limited involvement in the decision-making process. 2. She arson Regional Malls, Inc.: The General Partner, a company specializing in the development, management, and operation of regional malls. 3. She arson Regional Malls Depository Corp.: The Limited Partner, a corporation investing capital into the limited partnership. 4. Illinois: The state where the limited partnership is formed. 5. Development: The process of creating and constructing regional malls, including acquiring land, securing financing, and overseeing design and construction. 6. Management: The ongoing operation and administration of the regional malls, including leasing commercial spaces, maintaining common areas, and providing security and customer services. 7. Operation: The day-to-day activities involved in running the regional malls, such as coordinating tenant relations, marketing and advertising, and ensuring legal compliance. 8. Contributions: The capital, assets, or services contributed by each partner to the limited partnership, which may include cash, property, or expertise. 9. Profits and Losses: The allocation and distribution of profits and losses among the partners, as outlined in the partnership agreement. 10. Decision Making: The process by which major decisions, such as leasing agreements, financing arrangements, and major investments, are made within the partnership. It is important to note that there may be variations of the Illinois Sample Limited Partnership Agreement between She arson Regional Malls, Inc. and She arson Regional Malls Depository Corp. depending on the specific terms, conditions, and goals of the partnership. Different variants may address unique aspects such as the duration of the partnership, withdrawal procedures, dispute resolution mechanisms, or additional partner roles.

Illinois Sample Limited Partnership Agreement between She arson Regional Malls, Inc. and She arson Regional Malls Depository Corp. is a legally binding contract entered into between two parties, She arson Regional Malls, Inc. (the General Partner) and She arson Regional Malls Depository Corp. (the Limited Partner). This agreement outlines the terms and conditions under which they will form a limited partnership in the state of Illinois. The primary purpose of this partnership is to engage in the development, management, and operation of regional malls within the state of Illinois. By forming a limited partnership, both parties can pool their resources, expertise, and capital to achieve the common goal of creating successful and profitable regional malls. The Illinois Sample Limited Partnership Agreement covers various key aspects, including the contributions of each partner, the distribution of profits and losses, decision-making authority, and the duration of the partnership. It also highlights the rights and responsibilities of both partners, ensuring a fair and equitable relationship. Some relevant keywords associated with this agreement are: 1. Limited Partnership: A business structure where one or more general partners maintain management control while limited partners contribute capital but have limited involvement in the decision-making process. 2. She arson Regional Malls, Inc.: The General Partner, a company specializing in the development, management, and operation of regional malls. 3. She arson Regional Malls Depository Corp.: The Limited Partner, a corporation investing capital into the limited partnership. 4. Illinois: The state where the limited partnership is formed. 5. Development: The process of creating and constructing regional malls, including acquiring land, securing financing, and overseeing design and construction. 6. Management: The ongoing operation and administration of the regional malls, including leasing commercial spaces, maintaining common areas, and providing security and customer services. 7. Operation: The day-to-day activities involved in running the regional malls, such as coordinating tenant relations, marketing and advertising, and ensuring legal compliance. 8. Contributions: The capital, assets, or services contributed by each partner to the limited partnership, which may include cash, property, or expertise. 9. Profits and Losses: The allocation and distribution of profits and losses among the partners, as outlined in the partnership agreement. 10. Decision Making: The process by which major decisions, such as leasing agreements, financing arrangements, and major investments, are made within the partnership. It is important to note that there may be variations of the Illinois Sample Limited Partnership Agreement between She arson Regional Malls, Inc. and She arson Regional Malls Depository Corp. depending on the specific terms, conditions, and goals of the partnership. Different variants may address unique aspects such as the duration of the partnership, withdrawal procedures, dispute resolution mechanisms, or additional partner roles.