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.

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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.
Notwithstanding the provisions of the foregoing sentence, the General Partner may refrain from making any distribution if, in the reasonable judgment of the General Partner, such distribution would be prohibited by § 17-607 of the Partnership Act.
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.
The Operating Partnership has authorized the execution, delivery and performance of the Sales Agreement by all necessary action under the Certificate of Limited Partnership, the Agreement of Limited Partnership and the North Carolina Revised Uniform Limited 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 (British Columbia);

Partnership Act means the Partnership Act (Alberta), as amended from time to time;

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

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 partnership Act 1909 as amended or re-enacted from time to time and all and any legislation, statutory instruments and codes of practice in force from time to time relating thereto

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