Limited partnership definition
Examples of Limited partnership in a sentence
By: ______________________________ Name: Its: By: ______________________________ Name: Its: \ The undersigned is executing and delivering this Joinder Agreement pursuant to the Third Amended and Restated Agreement of Limited Partnership of AH Realty Trust, LP (as amended, the “LP Agreement”), by and among AH Realty Trust, LP (f/k/a Armada ▇▇▇▇▇▇▇, ▇▇), a Virginia limited partnership (the “Operating Partnership”), and the other persons signatories thereto.
Limited Partnership operates a theme park, marina and related facilities located in the City of Montréal, Québec, under the name Six Flags La Ronde (the “Park” and the operation of the Park, the “Business”).
Since the date of its incorporation, General Partner has never conducted any business, had any employees, held any property or assets or any interests therein of any nature or kind whatsoever (other than the holding of equity interest in Limited Partnership), and has no obligations, liabilities (whether actual or contingent) or indebtedness owing to any Person except in connection with the equity interest it holds in Limited Partnership and the transactions contemplated by this Agreement.
Other than its outstanding equity interest in Limited Partnership, the General Partner does not have, and since the date of its incorporation has not had, any asset or liability of any kind.
The portion of the Limited Partnership’s income or loss for the Relevant Fiscal Period that is attributable to the period commencing immediately after the Closing Date and ending on the last day of the Relevant Fiscal Period (the “Post-Closing Relevant Fiscal Period”) shall be allocated to Buyer in accordance with the allocation methodology set forth under the Limited Partnership Agreement.