Common use of Nature of Interests Clause in Contracts

Nature of Interests. All Partnership property, whether real or personal, tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and none of the Partners shall have any direct ownership of such property.

Appears in 10 contracts

Samples: www.sec.gov, Penske Automotive Group, Inc., Penske Automotive Group, Inc.

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Nature of Interests. All Partnership propertyproperty owned by the Partnership, whether real or personal, tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and none of the Partners shall have any direct ownership of such property.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Pope Resources LTD Partnership), Limited Partnership Agreement (Pope Resources LTD Partnership), Royal Hawaiian Orchards, L.P.

Nature of Interests. All Partnership propertyproperty owned by the Partnership, whether real or personal, tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and none of the Partners . No Partner shall have any direct ownership of such any Partnership property.

Appears in 5 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

Nature of Interests. All Partnership property, property whether real or personal, tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and none of the Partners shall have any direct ownership of such property.

Appears in 4 contracts

Samples: Agreement (Beverage Packaging Holdings (Luxembourg) IV S.a r.l.), Costs and Expenses and Compensation (Graham Packaging Co Inc.), Graham Packaging Co Inc.

Nature of Interests. All Partnership propertyproperty owned by the Partnership, whether real or personal, tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and none of the Partners Unitholders shall have any direct ownership of such property.

Appears in 1 contract

Samples: Airlease LTD

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Nature of Interests. All Partnership propertyExcept as expressly provided in this Agreement, all property owned by the Partnership, whether real or personal, tangible or intangible, shall be deemed to be owned by the Partnership as an entityPartnership, and none of the Partners shall have any direct ownership of such property.

Appears in 1 contract

Samples: Tri Fast Partnership Agreement (Banner Aerospace Inc)

Nature of Interests. All Partnership propertyproperty owned by the Partnership, whether real or personal, tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and none of the Partners shall have any direct ownership of such property.property.β€Œ

Appears in 1 contract

Samples: Limited Partnership Agreement

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