Maryland 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. Maryland Sample Limited Partnership Agreement is a legal document that outlines the terms and conditions of a partnership between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. This agreement establishes their roles, responsibilities, and the mutual understanding necessary for a successful business venture. The Maryland Sample Limited Partnership Agreement consists of several key provisions: 1. Name and Purpose: The agreement identifies the partnership as a limited partnership and specifies its purpose, which may include activities such as aircraft acquisition, leasing, and related services. 2. Contributions: This section outlines the contributions made by each partner. It includes capital contributions, assets, property, and any other resources deemed necessary for the partnership's operations. 3. Profit and Loss Sharing: The agreement specifies the distribution of profits and losses among the partners. It may include the allocation of profits according to capital contributions or other agreed-upon methods. 4. Management and Decision-Making Authority: The agreement outlines the decision-making process and management structure of the partnership. It may designate specific partners to handle key responsibilities and define their authority. 5. Dissolution and Termination: This section outlines the conditions under which the partnership can be dissolved or terminated. It may include events such as bankruptcy, death, or withdrawal of a partner. 6. Dispute Resolution: The agreement may establish a mechanism for resolving disputes between the partners. This may include mediation or arbitration procedures to avoid litigation. 7. Confidentiality and Non-Compete: The agreement may include provisions to protect sensitive information and restrict partners from engaging in competitive activities that could undermine the partnership's interests. Other types of Maryland Sample Limited Partnership Agreements between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. could include variations in capital contribution requirements, profit-sharing arrangements, or specific limitations on partners' responsibilities. Each partnership agreement can be tailored to suit the unique needs and objectives of the partners involved. Overall, the Maryland Sample Limited Partnership Agreement serves as a crucial document that shapes the partnership's structure and guides the relationship between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc., ensuring a clear and legally sound framework to work together and achieve their mutual goals.

Maryland Sample Limited Partnership Agreement is a legal document that outlines the terms and conditions of a partnership between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. This agreement establishes their roles, responsibilities, and the mutual understanding necessary for a successful business venture. The Maryland Sample Limited Partnership Agreement consists of several key provisions: 1. Name and Purpose: The agreement identifies the partnership as a limited partnership and specifies its purpose, which may include activities such as aircraft acquisition, leasing, and related services. 2. Contributions: This section outlines the contributions made by each partner. It includes capital contributions, assets, property, and any other resources deemed necessary for the partnership's operations. 3. Profit and Loss Sharing: The agreement specifies the distribution of profits and losses among the partners. It may include the allocation of profits according to capital contributions or other agreed-upon methods. 4. Management and Decision-Making Authority: The agreement outlines the decision-making process and management structure of the partnership. It may designate specific partners to handle key responsibilities and define their authority. 5. Dissolution and Termination: This section outlines the conditions under which the partnership can be dissolved or terminated. It may include events such as bankruptcy, death, or withdrawal of a partner. 6. Dispute Resolution: The agreement may establish a mechanism for resolving disputes between the partners. This may include mediation or arbitration procedures to avoid litigation. 7. Confidentiality and Non-Compete: The agreement may include provisions to protect sensitive information and restrict partners from engaging in competitive activities that could undermine the partnership's interests. Other types of Maryland Sample Limited Partnership Agreements between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. could include variations in capital contribution requirements, profit-sharing arrangements, or specific limitations on partners' responsibilities. Each partnership agreement can be tailored to suit the unique needs and objectives of the partners involved. Overall, the Maryland Sample Limited Partnership Agreement serves as a crucial document that shapes the partnership's structure and guides the relationship between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc., ensuring a clear and legally sound framework to work together and achieve their mutual goals.