LLP Sample Clauses
LLP. Identification Number.: AAL-7828) , a Limited Liability Partnership Firm incorporation under the Provisions of Limited Liability Partnership Act, 2008 having its registered office at 00X, Xxxxxxxx Xxxxxx, 8th Floor, Room 0X, Xxxx Xxxxxx Xxxxxxxx, Xxxxxx Xxxxxxx- Xxxxxxxx, Xxxxxxx-000000, represented by its Designated Partner, Sri Xxxxxxxxx Xxxxxx (PAN......................), son of ................................., by faith- Hindu, by occupation- Business, by nationality- Indian, residing at ...................................., Post Office-.............., Police Station- ..............., Pin , hereinafter referred to as “the OWNER/DEVELOPER” (which expression shall unless excluded by or repugnant to the subject or context be deemed to mean and include its successors and successors in interest) of the OTHER PART: Mr./Ms. (Aadhaar no. ) son / daughter of , aged about _, residing at ( PAN _) , or hereinafter called the “Allottee/ Purchasaer” (which expression repugnant to the context meaning thereof be deemed to mean and include its successor-in-interest, and permitted assigns). The Owner/Developer and Allottee shall hereinafter collectively be referred to as the “Parties” and individually as a “Party”.
LLP. 3. With respect to our opinions in paragraphs 4 and 6, (a) the enforceability of the Loan Documents may be limited by bankruptcy, insolvency, reorganization, fraudulent transfer, moratorium or similar laws, or by equitable principles (regardless of whether such enforcement is considered in a proceeding in equity or at law) relating to or limiting the rights of creditors generally, and (b) the use of the term "enforceable" shall not imply any opinion as to the availability of equitable remedies other than the foreclosure of the liens created by the Loan Documents in accordance with Oregon law. Further, a court of the State may not strictly enforce certain provisions contained in the Loan Documents or allow acceleration of the maturity of the indebtedness if it concludes that such enforcement or acceleration would be unreasonable under circumstances then existing. We do believe, however, that subject to limitations expressed elsewhere in this opinion, enforcement or acceleration against the Borrower would be available if an event of default occurs as a result of a material breach of a material provision contained in the Loan Documents. The following list is not a complete recitation of matters as to which no opinion is expressed, but we wish to emphasize specifically that we express no opinion as to the enforceability of (i) self-help, rights of set off or the right to possession of the personal property or collection of rental or other income without appointment of a receiver or the rights, procedural requirements for or powers of a receiver; (ii) provisions purporting to establish evidentiary standards; (iii) provisions related to the waiver of rights, remedies and defenses; (iv) provisions that permit the Lenders to collect a late charge, increased interest rate after default or maturity or a prepayment premium to the extent such amount exceeds actual damages; (v) any reservation of the right to pursue inconsistent or cumulative remedies; (vi) any "due on encumbrance" clause in any circumstance where the security for the loan would not be impaired; (vii) provisions for payment or reimbursement of costs and expenses or indemnification for claims, losses or liabilities (including, without limitation, attorneys' fees) in excess of statutory limits or an amount determined to be reasonable by any court or other tribunal and any provision for attorneys' fees other than to the prevailing party; (viii) provisions pertaining to jurisdiction or venue; (ix) provisio...
LLP. (g) We express no opinion regarding any requirements to file in any other state, nor as to perfection with respect to intellectual property, including without limitation any requirement to file under any nation-wide system for the perfection of security interests in intellectual property. To the extent that a security interest in intellectual property can be perfected by filing a UCC financing statement in Oregon, the Office of the Secretary of State is the appropriate office.
(h) In the case of inventory or other goods held for the benefit of the Borrower by a third-party bailee or warehouseman, perfection of the security interest in the goods may be had by filing only if the interest in the applicable document of title, if negotiable, is perfected by an applicable UCC filing adequately describing the document of title or possession of the document of title, and if the document of title is not negotiable, by (i) filing an applicable UCC financing statement as to the goods, or (ii) receipt by the bailee or warehouseman of notice of the secured party's interest, or (iii) possessing the document of title issued in the name of the secured party.
LLP. “The LLP Agreement hereinabove is hereby ratified” (a). Designated Partner of LLP. – Name and Signature
LLP. KPMG LLP is a registered limited liability partnership (“LLP”) established under the laws of the Province of Ontario and, where applicable, has been registered extra-provincially under provincial LLP legislation. KPMG is a partnership, but its partners have a degree of limited liability. A partner is not personally liable for any debts, obligations or liabilities of the LLP that arise from a negligent act or omission by another partner or any person under that other partner’s direct supervision or control. The legislation relating to limited liability partnerships does not, however, reduce or limit the liability of the firm. The firm’s insurance exceeds the mandatory professional indemnity insurance requirements established by the relevant professional bodies. Subject to the other provisions hereof, all partners of the LLP remain personally liable for their own actions and/or actions of those they directly supervise or control.