Harris Texas Sample Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc.

• Category: Corporations - Public - Partnerships
• State: Multi-State
• County: Harris
• 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. The Harris Texas Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. is a legally binding document that outlines the terms and conditions governing their partnership. This agreement establishes a limited partnership between the two entities, with DAHLIA Holdings, Inc. serving as the general partner and Decade Aircraft Holdings, Inc. as the limited partner. Keywords: Harris Texas, Sample Limited Partnership Agreement, DAHLIA Holdings, Inc., Decade Aircraft Holdings, Inc., limited partnership, general partner, limited partner. This partnership agreement aims to define the rights, responsibilities, and obligations of each party involved. It outlines the capital contributions, profit and loss distribution, management responsibilities, decision-making processes, and dispute resolution mechanisms. The agreement ensures that DAHLIA Holdings, Inc., as the general partner, assumes unlimited liability for the partnership's activities and operations. This includes making day-to-day management decisions, undertaking financial transactions, and assuming legal obligations on behalf of the partnership. On the other hand, Decade Aircraft Holdings, Inc., as the limited partner, bears limited liability and is typically responsible for providing capital and expertise. The Harris Texas Sample Limited Partnership Agreement may also have different variations or addendums depending on the specific needs or circumstances of the partnership. These can include: 1. Capital Contribution Agreement: This addendum specifically outlines the capital contributions that each partner is obligated to make to the partnership. It typically includes details about the amount, timing, and form of contributions. 2. Profit and Loss Sharing Agreement: This agreement specifies how profits and losses will be allocated between the general and limited partners. It may outline a predetermined percentage or a formula-based approach for distribution. 3. Management Agreement: This document further defines the responsibilities, duties, and decision-making authority of the general partner. It may provide guidelines for managing day-to-day operations, financial reporting, or major strategic decisions. 4. Dissolution Agreement: In the event that the partnership is dissolved, this agreement outlines the steps and procedures that need to be followed. It may cover the distribution of assets, settlement of liabilities, and any other necessary steps to wind up the partnership. Each variant of the Harris Texas Sample Limited Partnership Agreement will depend on the specific requirements and objectives of DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. It is essential to consult legal professionals to tailor the agreement to meet the unique circumstances and protect the interests of both parties involved.

The Harris Texas Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. is a legally binding document that outlines the terms and conditions governing their partnership. This agreement establishes a limited partnership between the two entities, with DAHLIA Holdings, Inc. serving as the general partner and Decade Aircraft Holdings, Inc. as the limited partner. Keywords: Harris Texas, Sample Limited Partnership Agreement, DAHLIA Holdings, Inc., Decade Aircraft Holdings, Inc., limited partnership, general partner, limited partner. This partnership agreement aims to define the rights, responsibilities, and obligations of each party involved. It outlines the capital contributions, profit and loss distribution, management responsibilities, decision-making processes, and dispute resolution mechanisms. The agreement ensures that DAHLIA Holdings, Inc., as the general partner, assumes unlimited liability for the partnership's activities and operations. This includes making day-to-day management decisions, undertaking financial transactions, and assuming legal obligations on behalf of the partnership. On the other hand, Decade Aircraft Holdings, Inc., as the limited partner, bears limited liability and is typically responsible for providing capital and expertise. The Harris Texas Sample Limited Partnership Agreement may also have different variations or addendums depending on the specific needs or circumstances of the partnership. These can include: 1. Capital Contribution Agreement: This addendum specifically outlines the capital contributions that each partner is obligated to make to the partnership. It typically includes details about the amount, timing, and form of contributions. 2. Profit and Loss Sharing Agreement: This agreement specifies how profits and losses will be allocated between the general and limited partners. It may outline a predetermined percentage or a formula-based approach for distribution. 3. Management Agreement: This document further defines the responsibilities, duties, and decision-making authority of the general partner. It may provide guidelines for managing day-to-day operations, financial reporting, or major strategic decisions. 4. Dissolution Agreement: In the event that the partnership is dissolved, this agreement outlines the steps and procedures that need to be followed. It may cover the distribution of assets, settlement of liabilities, and any other necessary steps to wind up the partnership. Each variant of the Harris Texas Sample Limited Partnership Agreement will depend on the specific requirements and objectives of DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. It is essential to consult legal professionals to tailor the agreement to meet the unique circumstances and protect the interests of both parties involved.