Common use of Partnership Property Clause in Contracts

Partnership Property. The legal title to the real or personal property or interest therein now or hereafter acquired by the Partnership shall be owned, held or operated in the name of the Partnership, and no Partner, individually, shall have any ownership of such property.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Rackspace Com Inc), Limited Partnership Agreement (First Investors Financial Services Group Inc)

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Partnership Property. The legal title to the real or personal property or interest interests therein now or hereafter acquired by the Partnership shall be owned, held held, or operated in the name of the PartnershipPartnership or in the name of a nominee, and no Partner, individually, Partner individually shall have any ownership of interest in or to such property.

Appears in 1 contract

Samples: Limited Partnership Agreement (University Club, Inc. (FL))

Partnership Property. The legal title to the real or personal -------------------- property or interest interests therein now or hereafter acquired by the Partnership shall be owned, held or operated operated, in the name of the Partnership, and no Partner, individually, shall have any ownership of such property.

Appears in 1 contract

Samples: Limited Partnership Agreement (Katama Capital Partners Lp)

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Partnership Property. The legal title to the real or personal property or interest interests therein now or hereafter acquired by the Partnership shall be owned, held or operated in the name of the Partnership, and no Partner, individually, shall have any ownership of such propertyProperty.

Appears in 1 contract

Samples: Limited Partnership Agreement (Premdor Finace LLC)

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