Common use of Formation; Nature of Partnership Interests; Ownership of Partnership Property Clause in Contracts

Formation; Nature of Partnership Interests; Ownership of Partnership Property. (a) The Partnership was formed on February 6, 1998, as a limited partnership organized pursuant to the provisions of the Act and the laws of the State of Delaware. (b) Each Partner’s Partnership Interest shall be personal property for all purposes. (c) All Partnership Property shall be deemed owned by the Partnership as an Entity, and no Partner or Former Partner, individually, shall have a direct ownership interest in any Partnership Property.

Appears in 16 contracts

Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al)

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Formation; Nature of Partnership Interests; Ownership of Partnership Property. (a) The Partnership was formed on February 6January 11, 19982005, as a limited partnership organized pursuant to the provisions of the Act and the laws of the State of Delaware. (b) Each Partner’s Partnership Interest shall be personal property for all purposes. (c) All Partnership Property shall be deemed owned by the Partnership as an Entity, and no Partner or Former Partner, individually, shall have a direct ownership interest in any Partnership Property.

Appears in 15 contracts

Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al)

Formation; Nature of Partnership Interests; Ownership of Partnership Property. (a) The Partnership was formed on February 6October 28, 1998, 2016 as a limited partnership organized pursuant to the provisions of the Act and the laws of the State of Delaware. (b) Each Partner’s Partnership Interest shall be personal property for all purposes. (c) All Partnership Property shall be deemed owned by the Partnership as an Entity, and no Partner or Former Partner, individually, shall have a direct ownership interest in any Partnership Property.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al)

Formation; Nature of Partnership Interests; Ownership of Partnership Property. (a) The Partnership was formed on February 6July 9, 19982012, as a limited partnership organized pursuant to the provisions of the Act and the laws of the State of Delaware. (b) Each Partner’s Partnership Interest shall be personal property for all purposes. (c) All Partnership Property shall be deemed owned by the Partnership as an Entity, and no Partner or Former Partner, individually, shall have a direct ownership interest in any Partnership Property.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al)

Formation; Nature of Partnership Interests; Ownership of Partnership Property. (a) The Partnership was formed on February 6December 5, 19982024, as a limited partnership organized pursuant to the provisions of the Act and the laws of the State of Delaware. (b) Each Partner’s Partnership Interest shall be personal property for all purposes. (c) All Partnership Property shall be deemed owned by the Partnership as an Entity, and no Partner or Former Partner, individually, shall have a direct ownership interest in any Partnership Property.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al)

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Formation; Nature of Partnership Interests; Ownership of Partnership Property. (a) The Partnership was formed on February 627, 1998, 2024 as a limited partnership organized pursuant to the provisions of the Act and the laws of the State of Delaware. (b) Each Partner’s Partnership Interest shall be personal property for all purposes. (c) All Partnership Property shall be deemed owned by the Partnership as an Entity, and no Partner or Former Partner, individually, shall have a direct ownership interest in any Partnership Property.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Rankin Alfred M Et Al), Limited Partnership Agreement (Rankin Alfred M Et Al)

Formation; Nature of Partnership Interests; Ownership of Partnership Property. (a) The Partnership was formed on February 6January 12, 1998, 2005 as a limited partnership organized pursuant to the provisions of the Act and the laws of the State of Delaware. (b) Each Partner’s 's Partnership Interest shall be personal property for all purposes. (c) All Partnership Property shall be deemed owned by the Partnership as an Entity, and no Partner or Former Partner, individually, shall have a direct ownership interest in any Partnership Property.

Appears in 1 contract

Samples: Limited Partnership Agreement (Nacco Industries Inc)

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