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

• Category: Corporations - Public - Partnerships
• State: Multi-State
• County: Santa Clara
• 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. A limited partnership agreement is a legal document that outlines the terms and conditions of a business partnership between two entities. In this case, the partnership is between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc., both based in Santa Clara, California. The agreement defines the roles, responsibilities, and obligations of each partner and establishes the structure and governance of the partnership. The Santa Clara California Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. ensures a mutually beneficial collaboration while protecting the interests of both parties involved. The agreement may include various provisions such as the purpose of the partnership, the contributions made by each partner, profit-sharing arrangements, decision-making processes, and the mechanisms for resolution of disputes. Some typical clauses that might be included in the Santa Clara California Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. could be: 1. Formation and Duration: This section would detail how and when the partnership was formed and the intended duration of the partnership. 2. Contributions and Capital: This clause would outline the specific contributions made by each partner, whether in the form of cash, assets, or intellectual property. It would also detail how capital accounts are established and maintained. 3. Profit and Loss Allocation: This section would state how profits and losses are to be distributed among the partners, specifying the percentage or formula for allocation. 4. Management and Decision-making: This clause would define the decision-making authority and the responsibilities of each partner. It could include provisions on voting rights, appointment of officers, and procedures for decision-making. 5. Transferability and withdrawal: This section would outline the restrictions and procedures for the transfer of partnership interests, including the right of first refusal and approval requirements. 6. Dissolution and Termination: This clause would specify the circumstances under which the partnership can be dissolved or terminated and the steps to be taken in such cases. It is important to note that the specific details and clauses within the Santa Clara California Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may vary depending on the nature of their partnership and their individual requirements.

A limited partnership agreement is a legal document that outlines the terms and conditions of a business partnership between two entities. In this case, the partnership is between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc., both based in Santa Clara, California. The agreement defines the roles, responsibilities, and obligations of each partner and establishes the structure and governance of the partnership. The Santa Clara California Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. ensures a mutually beneficial collaboration while protecting the interests of both parties involved. The agreement may include various provisions such as the purpose of the partnership, the contributions made by each partner, profit-sharing arrangements, decision-making processes, and the mechanisms for resolution of disputes. Some typical clauses that might be included in the Santa Clara California Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. could be: 1. Formation and Duration: This section would detail how and when the partnership was formed and the intended duration of the partnership. 2. Contributions and Capital: This clause would outline the specific contributions made by each partner, whether in the form of cash, assets, or intellectual property. It would also detail how capital accounts are established and maintained. 3. Profit and Loss Allocation: This section would state how profits and losses are to be distributed among the partners, specifying the percentage or formula for allocation. 4. Management and Decision-making: This clause would define the decision-making authority and the responsibilities of each partner. It could include provisions on voting rights, appointment of officers, and procedures for decision-making. 5. Transferability and withdrawal: This section would outline the restrictions and procedures for the transfer of partnership interests, including the right of first refusal and approval requirements. 6. Dissolution and Termination: This clause would specify the circumstances under which the partnership can be dissolved or terminated and the steps to be taken in such cases. It is important to note that the specific details and clauses within the Santa Clara California Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may vary depending on the nature of their partnership and their individual requirements.