San Jose California Sample Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc.

• Category: Corporations - Public - Partnerships
• State: Multi-State
• City: San Jose
• 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. San Jose California Sample Limited Partnership Agreement This San Jose California Sample Limited Partnership Agreement is entered into between DAHLIA Holdings, Inc. (referred to as "DAHLIA") and Decade Aircraft Holdings, Inc. (referred to as "Decade Aircraft") in order to establish a limited partnership for conducting business operations in the city of San Jose, California. 1. Partnership Name: The partnership shall be known as "The San Jose California Limited Partnership." 2. Purpose: The purpose of this partnership agreement is to combine the resources, expertise, and efforts of both DAHLIA and Decade Aircraft for the joint operation of specific business activities related to the aviation industry within San Jose, California. 3. Principal Place of Business: The principal place of business of the partnership shall be located in San Jose, California. However, the partnership may establish subsidiary offices or conduct business operations in other locations as deemed necessary. 4. Contributions: DAHLIA: DAHLIAIP agrees to contribute a capital of EX to the partnership. DAHLIAIP will also provide intellectual property, technical knowledge, and other relevant assets as specified in Schedule A. Decade Aircraft: Decadene Aircraft agrees to contribute a capital of BY to the partnership. Decadene Aircraft will also provide aircraft parts, maintenance facilities, and related industry-specific assets as specified in Schedule B. 5. Distribution of Profits and Losses: The profits, losses, and any other income generated by the partnership shall be shared in proportion to the capital contributions made by each partner. Any profits or losses shall be calculated and distributed on an annual basis. 6. Management: General Partner: DAHLIA shall act as the general partner and shall have the authority to manage the partnership, make business decisions, and represent the partnership in all matters. Limited Partner: Decade Aircraft shall act as the limited partner and shall have limited decision-making authority. Decade Aircraft's participation shall primarily be financial, and it shall not participate in the day-to-day management of the partnership. 7. Books of Accounts: Accurate and complete books of accounts and records shall be maintained by the partnership, reflecting all financial transactions, income, expenses, and other relevant information. Both partners shall have the right to review and audit these records. 8. Term: The partnership shall commence on the effective date of this agreement and shall continue until terminated in accordance with the provisions stated within this agreement or by mutual agreement of the partners. Other Types of San Jose California Sample Limited Partnership Agreements: 1. Real Estate Limited Partnership Agreement: This type of agreement would be suitable for partnerships focused on real estate investment, development, or management within San Jose, California. 2. Technology Startup Limited Partnership Agreement: This agreement would cater to partnerships involved in the technology sector, where both partners contribute intellectual property, software development, or related technology expertise for business operations within San Jose, California. Note: The specifics and details of the limited partnership agreement can vary depending on the nature of the partnership and the objectives involved. It is essential to consult legal professionals to tailor the agreement to fit specific circumstances.

San Jose California Sample Limited Partnership Agreement This San Jose California Sample Limited Partnership Agreement is entered into between DAHLIA Holdings, Inc. (referred to as "DAHLIA") and Decade Aircraft Holdings, Inc. (referred to as "Decade Aircraft") in order to establish a limited partnership for conducting business operations in the city of San Jose, California. 1. Partnership Name: The partnership shall be known as "The San Jose California Limited Partnership." 2. Purpose: The purpose of this partnership agreement is to combine the resources, expertise, and efforts of both DAHLIA and Decade Aircraft for the joint operation of specific business activities related to the aviation industry within San Jose, California. 3. Principal Place of Business: The principal place of business of the partnership shall be located in San Jose, California. However, the partnership may establish subsidiary offices or conduct business operations in other locations as deemed necessary. 4. Contributions: DAHLIA: DAHLIAIP agrees to contribute a capital of EX to the partnership. DAHLIAIP will also provide intellectual property, technical knowledge, and other relevant assets as specified in Schedule A. Decade Aircraft: Decadene Aircraft agrees to contribute a capital of BY to the partnership. Decadene Aircraft will also provide aircraft parts, maintenance facilities, and related industry-specific assets as specified in Schedule B. 5. Distribution of Profits and Losses: The profits, losses, and any other income generated by the partnership shall be shared in proportion to the capital contributions made by each partner. Any profits or losses shall be calculated and distributed on an annual basis. 6. Management: General Partner: DAHLIA shall act as the general partner and shall have the authority to manage the partnership, make business decisions, and represent the partnership in all matters. Limited Partner: Decade Aircraft shall act as the limited partner and shall have limited decision-making authority. Decade Aircraft's participation shall primarily be financial, and it shall not participate in the day-to-day management of the partnership. 7. Books of Accounts: Accurate and complete books of accounts and records shall be maintained by the partnership, reflecting all financial transactions, income, expenses, and other relevant information. Both partners shall have the right to review and audit these records. 8. Term: The partnership shall commence on the effective date of this agreement and shall continue until terminated in accordance with the provisions stated within this agreement or by mutual agreement of the partners. Other Types of San Jose California Sample Limited Partnership Agreements: 1. Real Estate Limited Partnership Agreement: This type of agreement would be suitable for partnerships focused on real estate investment, development, or management within San Jose, California. 2. Technology Startup Limited Partnership Agreement: This agreement would cater to partnerships involved in the technology sector, where both partners contribute intellectual property, software development, or related technology expertise for business operations within San Jose, California. Note: The specifics and details of the limited partnership agreement can vary depending on the nature of the partnership and the objectives involved. It is essential to consult legal professionals to tailor the agreement to fit specific circumstances.