Fairfax Virginia Sample Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc.

• Category: Corporations - Public - Partnerships
• State: Multi-State
• County: Fairfax
• 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. Fairfax, Virginia is located in Northern Virginia, just outside of Washington, D.C. It is a vibrant and thriving community known for its rich history, cultural attractions, and strong business environment. With its strategic location, Fairfax offers a perfect blend of suburban charm and urban amenities. One of the significant legal documents relating to Fairfax, Virginia is the Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. This agreement outlines the terms and conditions of the partnership between these two entities. It defines the roles, responsibilities, and contributions of each partner, ensuring a clear understanding of their respective rights and obligations. Some provisions typically included in the Fairfax, Virginia Sample Limited Partnership Agreement may cover: 1. Partnership Purpose: This section outlines the specific objectives and goals of the partnership between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. It clarifies the scope of activities and industries the partnership intends to operate in. 2. Capital Contributions: This clause details the amount and type of contributions each partner will make to the partnership. It may involve cash, property, or other assets, outlining how these contributions will be valued and recorded. 3. Profit and Loss Distribution: The partnership agreement defines how profits and losses will be allocated among the partners. This may be based on a specific ratio or percentage, reflecting the partners' respective investment or as mutually agreed upon. 4. Management and Decision Making: Here, the agreement establishes the decision-making process and management structure of the partnership. It may detail how major decisions will be made, who will have voting rights, and whether a managing partner or committee will handle day-to-day operations. 5. Dissolution and Termination: In the unfortunate event of a partnership dissolution, this section outlines the procedures for winding up the partnership's affairs, distributing assets, and handling outstanding obligations. It's worth noting that these provisions may vary depending on the specific nature and purpose of each limited partnership agreement. For example, there could be different types of Fairfax, Virginia Sample Limited Partnership Agreements, such as real estate limited partnership agreements, investment partnership agreements, or venture capital partnership agreements. Each type would have unique clauses tailored to the specific industry or purpose of the partnership. Overall, the Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. is an essential legal document that ensures a clear understanding and formalizes the partnership between these entities. It protects the interests of both parties while establishing a framework for their collaboration and mutual success.

Fairfax, Virginia is located in Northern Virginia, just outside of Washington, D.C. It is a vibrant and thriving community known for its rich history, cultural attractions, and strong business environment. With its strategic location, Fairfax offers a perfect blend of suburban charm and urban amenities. One of the significant legal documents relating to Fairfax, Virginia is the Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. This agreement outlines the terms and conditions of the partnership between these two entities. It defines the roles, responsibilities, and contributions of each partner, ensuring a clear understanding of their respective rights and obligations. Some provisions typically included in the Fairfax, Virginia Sample Limited Partnership Agreement may cover: 1. Partnership Purpose: This section outlines the specific objectives and goals of the partnership between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. It clarifies the scope of activities and industries the partnership intends to operate in. 2. Capital Contributions: This clause details the amount and type of contributions each partner will make to the partnership. It may involve cash, property, or other assets, outlining how these contributions will be valued and recorded. 3. Profit and Loss Distribution: The partnership agreement defines how profits and losses will be allocated among the partners. This may be based on a specific ratio or percentage, reflecting the partners' respective investment or as mutually agreed upon. 4. Management and Decision Making: Here, the agreement establishes the decision-making process and management structure of the partnership. It may detail how major decisions will be made, who will have voting rights, and whether a managing partner or committee will handle day-to-day operations. 5. Dissolution and Termination: In the unfortunate event of a partnership dissolution, this section outlines the procedures for winding up the partnership's affairs, distributing assets, and handling outstanding obligations. It's worth noting that these provisions may vary depending on the specific nature and purpose of each limited partnership agreement. For example, there could be different types of Fairfax, Virginia Sample Limited Partnership Agreements, such as real estate limited partnership agreements, investment partnership agreements, or venture capital partnership agreements. Each type would have unique clauses tailored to the specific industry or purpose of the partnership. Overall, the Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. is an essential legal document that ensures a clear understanding and formalizes the partnership between these entities. It protects the interests of both parties while establishing a framework for their collaboration and mutual success.