Rhode Island Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. This Rhode Island Sample Limited Partnership Agreement is entered into between DAHLIA Holdings, Inc., hereinafter referred to as the "General Partner" and Decade Aircraft Holdings, Inc., hereinafter referred to as the "Limited Partner." This agreement aims to define the terms and conditions under which both parties will collaborate in a limited partnership within the state of Rhode Island. Keywords: Rhode Island, limited partnership agreement, DAHLIA Holdings, Inc., Decade Aircraft Holdings, Inc., general partner, limited partner, terms and conditions, collaboration. 1. Purpose: The purpose of this partnership is to engage in specific business activities related to the aircraft industry within the geographical boundaries of Rhode Island. The General Partner and Limited Partner aim to contribute their respective resources to achieve mutual profitability and contribute to the growth of the partnership. 2. Capital Contributions: The General Partner and Limited Partner shall provide initial capital contributions in cash, assets, or any mutually agreed form, as specified in the agreement. The contributions made by both parties will be allocated in accordance with their partnership interests. 3. Distribution and Profit Sharing: The profits, losses, and distributions of the partnership will be allocated proportionately based on the partnership interests of the General Partner and Limited Partner. These distributions will be made in accordance with the agreed-upon terms and conditions, which will be determined by mutual consent. 4. Management and Decision-making: The General Partner shall have full authority and responsibility to manage and control the operations of the partnership, including decision-making, day-to-day activities, and financial matters. The Limited Partner shall have no management authority, acting solely as a passive investor. 5. Dissolution and Termination: The partnership may be dissolved in the event of mutual consent, partnership goals achieved, or by court order. A dissolution clause will be included to outline the procedures to be followed during the termination process, including the distribution of assets and settlement of any remaining obligations. Different types of Rhode Island Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may include: 1. Limited Liability Partnership Agreement: This specific agreement may grant limited liability status to one or both partners, shielding their personal assets from partnership liabilities. 2. Ventures Partnership Agreement: In the case of joint ventures, the partnership agreement may detail specific project-related terms and conditions, including profit-sharing arrangements, task allocation, and project duration. 3. Real Estate Limited Partnership Agreement: If the partnership is focused on real estate ventures, the agreement may contain provisions related to property acquisitions, property management, rental income distribution, and other real estate-specific terms. In conclusion, this detailed description highlights the key aspects of a Rhode Island Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. Various types of agreements can be tailored to specific partnership objectives, such as a limited liability partnership, ventures partnership, or real estate limited partnership agreement.
Rhode Island Sample Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc.
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How to fill out Rhode Island Sample Limited Partnership Agreement Between DAH-IP Holdings, Inc. And DeCrane Aircraft Holdings, Inc.?
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