Title to Partnership Assets definition

Title to Partnership Assets. For administrative convenience and without altering or affecting the rights and interests of the Partners set out in this agreement, any Partnership property may be held in the name of the Managing Partner or the name of any other person, on behalf of and in trust for the Partnership, and for the use and benefit of the Partners in accordance with the terms of this agreement.
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Examples of Title to Partnership Assets in a sentence

  • Title to Partnership Assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner or Assignee, individually or collectively, shall have any ownership interest in such Partnership Assets or any portion thereof.

  • Title to Partnership Assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively with other Partners or Persons, shall have any ownership interest in such Partnership Assets or any portion thereof.

  • Title to Partnership Assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively, shall have any Ownership interest in such Partnership Assets or any portion thereof.

  • Title to Partnership Assets, whether real, personal or mixed, tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner or Record Holder individually or collectively, shall have any ownership interest in such Partnership Assets or any portion thereof.

  • Title to Partnership Assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively, shall have any ownership interest in such Partnership Assets or any portion thereof.

  • Section 7.1. Powers of the General Partner 34 Section 7.2. Certificate of Limited Partnership 38 Section 7.3. Reimbursement of a General Partner 38 Section 7.4. Outside Activities of the General Partner 39 Section 7.5. Contracts with Affiliates 40 Section 7.6. Indemnification 40 Section 7.7. Liability of Indemnitees 42 Section 7.8. Other Matters Concerning the General Partner 43 Section 7.9. Title to Partnership Assets 44 Section 7.10.

  • Title to Partnership Assets................................................

  • Title to Partnership Assets, whether real, personal or mixed, or tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively, shall have any ownership interest in such Partnership Assets or any portion thereof.

  • Title to Partnership Assets...........................................................................

  • Title to Partnership Assets, whether real, personal or mixed, tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner individually or collectively, shall have any ownership interest in such Partnership Assets or any portion thereof.