Partnership Certificate definition
Examples of Partnership Certificate in a sentence
The General Partner and Limited Partner shall each receive a Partnership Certificate evidencing their respective Interest in the Partnership (the "Partnership Certificates").
The General Partner, or anyone designated by the General Partner, is hereby authorized to execute a certificate of limited partnership of the Partnership ("Certificate of Limited Partnership") in accordance with the Act and cause the same to be filed in the office of the Secretary of State of the State of Texas in accordance with the provisions of the Act.
Cause the Amended Transferor Partnership Certificate to be filed with all appropriate state and, if applicable, local filing offices.
Deliver to the Transferor Partners (i) the Transferor Assignments duly executed by the BRI Partnership and (ii) the Amended Transferor Partnership Agreement and Amended Transferor Partnership Certificate duly executed by the BRI Partnership, or its designees, pursuant to which the BRI Partnership, or its designees, shall be admitted as partners of the Transferor Partnership.
Upon completion of the distribution of all Partnership assets and winding up of the Partnership's affairs, the Partnership shall terminate and the General Partner or liquidating trustee shall have the authority to execute and record a certificate of cancellation of the Partnership Certificate or equivalent document as well as any and all other documents that may be required by law to effect and evidence the dissolution and termination of the Partnership.