Partnership Act definition

Partnership Act means the Delaware Revised Uniform Limited Partnership Act, 6 Del. C. §§ 17-101, et seq., as it may be amended from time to time, and any successor to such statute.

Partnership Act means the Exempted Limited Partnership Law, 2014 of the Cayman Islands, as it may be amended from time to time, and any successor to such statute.

Partnership Act has the meaning set forth in the preamble hereto.

Examples of Partnership Act in a sentence

• In particular, the Partnership has been formed pursuant to the Partnership Act, and the rights and liabilities of the Partners shall be as provided therein, except as herein otherwise expressly provided.

• To the fullest extent permitted by law, the parties hereto agree that the General Partner shall be held to have acted in good faith for the purposes of this Agreement and its duties under the Partnership Act if it believes that it has acted honestly and in accordance with the specific terms of this Agreement.

• Except as otherwise provided in the Partnership Act or as expressly provided in this Agreement, no Partner shall be personally obligated for any debt, obligation or liability of the Partnership or of any other Partner solely by reason of being a Partner.

• Except as may be expressly required or permitted by the Partnership Act, Limited Partners as such shall have no right to, and shall not, take part in the management, conduct or control of the Partnership’s business or act for or bind the Partnership, and shall have only the rights and powers granted to Limited Partners herein.

• The Partnership is hereby continued as a limited partnership pursuant to the Partnership Act and shall conduct its activities on and after the date hereof under the name of Strategic Partners Fund Solutions Associates VIII L.P. The certificate of limited partnership of the Partnership may be amended and/or restated from time to time by the General Partner, as an “authorized person” (within the meaning of the Partnership Act).

More Definitions of Partnership Act

Partnership Act means the Partnership Act (Alberta) as amended and in force from time to time;

Partnership Act means the Partnership Act (Alberta), as the same may be from time to time amended, re-enacted or replaced, and includes any and all regulations thereunder;

Partnership Act means the New York Revised Uniform Limited Partnership Act.

Partnership Act means the Partnership Act (British Columbia);

Partnership Act means the Partnership Act (Alberta), as now enacted or as the same may from time to time be amended, re-enacted or replaced.

Partnership Act means the Kansas Revised Uniform Limited Partnership Act, as the same may from time to time be amended.

Partnership Act means the Partnership Act (British Columbia), as amended and in force from time to time;