Nature of Partners’ Interests. The interests of the Partners in the Partnership will be personal property for all purposes. All property owned by the Partnership, whether real or personal, tangible or intangible, or mixed, will be deemed to be owned by the Partnership as an entity, and no Partner, individually or otherwise, will have any ownership interest in such property.
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Samples: Limited Partnership Agreement (Teebank Family LTD Partnership), Limited Partnership Agreement (Gilman Sheldon G), Agreement of Limited Partnership (Trager Trust of 2012)
Nature of Partners’ Interests. The interests of the Partners in the Partnership will shall be personal property for all purposes. All property owned by the Partnership, whether real or personal, tangible or intangible, or mixed, will shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or otherwiseas an individual, will shall have any an ownership interest in such property.
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Samples: Limited Partnership Agreement (Performance Asset Management Co), Limited Partnership Agreement (Performance Asset Management Co), Limited Partnership Agreement (Performance Asset Management Co)
Nature of Partners’ Interests. The interests of the Partners in the Partnership will shall be personal property for all purposes. All property owned by the Partnership, whether real or personal, tangible or intangible, or mixed, will be deemed to shall be owned by the Partnership as an entity, entity and no Partner, individually or otherwiseindividually, will shall have any ownership interest in of such property.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Flanigans Enterprises Inc), Limited Partnership Agreement (Flanigans Enterprises Inc), Limited Partnership Agreement (Flanigans Enterprises Inc)
Nature of Partners’ Interests. The interests of the Partners in the ----------------------------- Partnership will shall be personal property for all purposes. All property owned by the Partnership, whether real or personal, tangible or intangible, or mixed, will be deemed to shall be owned by the Partnership as an entity, entity and no Partner, individually or otherwiseindividually, will shall have any ownership interest in of such property.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Flanigans Enterprises Inc), Limited Partnership Agreement (Flanigans Enterprises Inc), Limited Partnership Agreement (Flanigans Enterprises Inc)
Nature of Partners’ Interests. The interests interest of the Partners partners in the Partnership will shall be personal property for all purposes. All property owned by the Partnership, whether real or personal, tangible or intangible, or mixed, will shall be deemed to be owned by the Partnership as an entity, and no Partnerpartner, individually or otherwiseindividually, will shall have any ownership interest in of such property.
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Samples: Limited Partnership Agreement (Strategic Timber Trust Inc), Limited Partnership Agreement (Strategic Timber Trust Inc)
Nature of Partners’ Interests. The Partners’ interests of the Partners in the Partnership will be are personal property for all purposesproperty. All property owned by the Partnership, whether real or personal, tangible or intangible, or mixed, will be deemed to be Partnership assets are owned by the Partnership as an entity, entity and no Partner, individually or otherwiseindividually, will have has any ownership interest in of such propertyassets.
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Nature of Partners’ Interests. The interests of the Partners in the Partnership will be personal property for all purposesproperty. All property owned by the Partnership, whether real or personal, tangible or intangible, or mixed, will be deemed to be owned by the Partnership as an entity, and no Partner, individually or otherwise, will have any ownership interest in such property.
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Nature of Partners’ Interests. The interests of the Partners in the Partnership will shall be personal property for all purposes. All property owned by the Partnership, whether real or personal, tangible or intangible, or mixed, will be deemed to shall be owned by the Partnership as an entity, and no Partner, Partner individually or otherwise, will shall have any ownership interest in of such property.. ARTICLE III
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