Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc. regarding administration of limited partnership dated November 19, 1999. 13 pages.
Title: Massachusetts Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. Keywords: Massachusetts limited partnership, partnership agreement, DAHLIA Holdings, Inc., Decade Aircraft Holdings, Inc. Introduction: The Massachusetts Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. serves as a legally binding document that outlines the terms, responsibilities, and obligations of both parties in a limited partnership within the state of Massachusetts. This agreement establishes a clear framework for the operation and management of the partnership, ensuring compliance with Massachusetts partnership laws. Types of Massachusetts Sample Limited Partnership Agreement: 1. General Overview: This section will provide a comprehensive overview of the partnership agreement, its purpose, and the parties involved. It will also detail the type of partnership formed, highlighting that it is a limited partnership under Massachusetts law. 2. Partnership Name and Purpose: This section will state the official name of the partnership, which in this case is DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. It will also outline the purpose of the partnership, including its goals and objectives within the aircraft industry. 3. Contributions and Partnership Interests: This section will outline the contributions made by each partner, including both monetary and non-monetary contributions. It will also detail the partnership interests held by each party, specifying their ownership percentages. 4. Management and Decision-Making: This section will describe the management structure within the partnership and how decisions are made. It will highlight the roles and responsibilities of each partner, including any limitations or restrictions on their authority. 5. Distribution of Profits and Losses: This section will outline how profits and losses are allocated among the partners. It will detail the distribution percentages and any conditions or limitations associated with the distribution. 6. Dissolution and Termination: This section will specify the circumstances under which the partnership may be dissolved and terminated. It will outline the procedures to be followed in the event of dissolution, including the distribution of assets and liabilities. 7. Dispute Resolution: This section will define the dispute resolution mechanism to be used in case of conflicts between the partners. It may include methods such as mediation or arbitration, along with the applicable laws of Massachusetts. 8. Governing Law and Jurisdiction: This section will specify that the partnership is governed by the laws of Massachusetts and that any legal disputes shall be resolved within the state's jurisdiction. Conclusion: The Massachusetts Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. provides a comprehensive framework for establishing and managing a limited partnership under Massachusetts law. It covers various aspects including partnership contributions, management structure, profit distribution, dissolution procedures, and dispute resolution mechanisms, ensuring a clear understanding of the partnership's operations for both parties involved.
Title: Massachusetts Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. Keywords: Massachusetts limited partnership, partnership agreement, DAHLIA Holdings, Inc., Decade Aircraft Holdings, Inc. Introduction: The Massachusetts Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. serves as a legally binding document that outlines the terms, responsibilities, and obligations of both parties in a limited partnership within the state of Massachusetts. This agreement establishes a clear framework for the operation and management of the partnership, ensuring compliance with Massachusetts partnership laws. Types of Massachusetts Sample Limited Partnership Agreement: 1. General Overview: This section will provide a comprehensive overview of the partnership agreement, its purpose, and the parties involved. It will also detail the type of partnership formed, highlighting that it is a limited partnership under Massachusetts law. 2. Partnership Name and Purpose: This section will state the official name of the partnership, which in this case is DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. It will also outline the purpose of the partnership, including its goals and objectives within the aircraft industry. 3. Contributions and Partnership Interests: This section will outline the contributions made by each partner, including both monetary and non-monetary contributions. It will also detail the partnership interests held by each party, specifying their ownership percentages. 4. Management and Decision-Making: This section will describe the management structure within the partnership and how decisions are made. It will highlight the roles and responsibilities of each partner, including any limitations or restrictions on their authority. 5. Distribution of Profits and Losses: This section will outline how profits and losses are allocated among the partners. It will detail the distribution percentages and any conditions or limitations associated with the distribution. 6. Dissolution and Termination: This section will specify the circumstances under which the partnership may be dissolved and terminated. It will outline the procedures to be followed in the event of dissolution, including the distribution of assets and liabilities. 7. Dispute Resolution: This section will define the dispute resolution mechanism to be used in case of conflicts between the partners. It may include methods such as mediation or arbitration, along with the applicable laws of Massachusetts. 8. Governing Law and Jurisdiction: This section will specify that the partnership is governed by the laws of Massachusetts and that any legal disputes shall be resolved within the state's jurisdiction. Conclusion: The Massachusetts Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. provides a comprehensive framework for establishing and managing a limited partnership under Massachusetts law. It covers various aspects including partnership contributions, management structure, profit distribution, dissolution procedures, and dispute resolution mechanisms, ensuring a clear understanding of the partnership's operations for both parties involved.