The Limited Partnership Sample Clauses

The Limited Partnership a. The Partners wish to become legal partners in business. b. The terms and conditions of their Limited Partnership will be outlined in this Agreement. c. If the Agreement is executed, the Limited Partnership will be in effect Agreement. d. The Limited Partnership's principal place of business will be e. The Limited Partnership's primary purpose is
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The Limited Partnership. LP Agreement 4.1.1 The Parties will cause the LP Agreement to be entered into between the General Partner, the KCN Investment Entities and Hydro on the Subscription Date.
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The Limited Partnership. Formation of the Limited Partnership 2.01 The General Partner and the Limited Partners hereby form and enter into a limited partnership in accordance with the provisions of the Act and the terms of this LP Agreement.
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The Limited Partnership. The Limited Partnership is a limited partnership duly organized, validly existing and in good standing under the laws of the state of its organization, with full power and authority to conduct its business as it is now being conducted.
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The Limited Partnership a. The Partners wish to become legal partners in business. b. The terms and conditions of their Limited Partnership are expressly outlined herein. c. The Limited Partnership's principal place of business will be 00 X. 00xx Xxxxxx, Xxxxx X, Xxxxxxxx, Xxxxxxx, 00000. d. The Limited Partnership's primary purpose is the lawful growing, processing and sale of Industrial Hemp, and/or products derived therefrom. e. The Limited Partnership shall be governed by this agreement and shall comply with the Montana “Uniform Limited Partnership Act”, Title 35, Chapter 12, §§000-00-000 et.seq. MCA, incorporated herein and attached as Appendix “A”, and the Laws of the United States of America. f. The Limited Partnership shall take effect on January 13, 2020. The term of the Limited Partnership shall continue as hereinafter provided: 1) Consistent with the return offered in the Declarations herein above, in the event that the Limited Partner(s) receive proceed distributions equal to three (3x) times its/their capital contribution expressed in Paragraph 5 herein below, the Limited Partnership shall automatically be subject to dissolution, as well as dissociation of the Limited Partner(s), without further obligation of the respective Partners to the other. In such event, the General Partner shall take all necessary action to cause the dissolution of the Limited Partnership and dissociation of the Limited Partner(s), as prescribed in this Agreement and in accordance with the Montana “Uniform Limited Partnership Act”. 2) Consistent with the return offered in the Declarations herein above, and in any event, the Limited Partnership shall expire 63 months from the date capital is withdrawn from the escrow account described in Paragraph 5 below, regardless of Sub-paragraph 2 f(1) herein above, without further obligation of the respective Partners to the other. At such time, Limited Partner(s) shall have received proceed distributions equal to three (3x) times its/their capital contribution expressed in Paragraph 5 herein below. Upon such event, the General Partner shall take all necessary action to cause the dissolution of the Limited Partnership and dissociation of the Limited Partner(s), as prescribed in this Agreement and in accordance with the Montana “Uniform Limited Partnership Act”.
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The Limited Partnership a. The Partners wish to become legal partners in business. b. The terms and conditions of their Limited Partnership will be outlined in this Agreement. c. If the Agreement is executed, the Limited Partnership will be in effect on January 28, 2021. The term of this partnership shall continue for a period of 12/31/2026 unless sooner dissolved as hereinafter provided. d. The Limited Partnership's principal place of business will be 0000 X. Xxxxxxxxx Xxxxx Xxxxxx STE 104 Grapevine, TX 76051 e. The Limited Partnership's primary purpose is to aggregate funds to purchase alternative investments and physical assets with the intent to hold or resell for a profit.
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The Limited Partnership 
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Related to The Limited Partnership

  • Formation of Limited Partnership (a) The Partnership is formed as a limited partnership pursuant to the Certificate and this Agreement. The Partners agree that their rights, duties and liabilities will be as provided in the Delaware Act, except as otherwise provided in this Agreement. The General Partner will cause the Certificate to be executed and filed in accordance with the Delaware Act and will cause to be executed and filed with applicable governmental authorities any other instruments, documents and certificates that the General Partner concludes may from time to time be required by the laws of the United States of America, the State of Delaware or any other jurisdiction in which the General Partner determines that the Partnership should do business, or any political subdivision or agency of any such jurisdiction, or that the General Partner determines is necessary or appropriate to effectuate, implement and continue the valid existence and business of the Partnership. (b) The Partnership is formed for the object and purpose of (and the nature of the business to be conducted by the Partnership is) engaging in any lawful activity for which limited partnerships may be formed under the Delaware Act and engaging in any and all activities necessary or incidental to the foregoing.

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