Assignment of Partnership Interest Style 30

The capital account balances of all the partners of the Partnership shall be booked up in accordance with Treasury Regulation 1.704-1(b)(2)(iv)(f). JavaScript seems to be disabled in your browser. You must have JavaScript enabled in your browser to utilize the functionality of this website. A patent is a collection of exclusive rights over inventions awarded to inventors as appreciation of their hard work. Patent assignment is possible for the complete set of rights or only a part interest. The Partnership is duly qualified to do business as a foreign entity in every jurisdiction where the character of the properties owned or leased by it or the nature of the business conducted by it makes such qualification necessary, except for failures to be so qualified as would not reasonably be expected to have a Material Adverse Effect. The execution, delivery and performance by Seller of this Agreement does not and will not: (i) violate, conflict with or result in any breach of any provision of the Partnership Agreement (as in effect on the date hereof); or (ii) assuming all the required filings have been made under the HSR Act and the waiting period under the HSR Act has expired, and all other Seller's Required Consents and Buyer's Required Consents have been obtained, violate any Law, order, writ, judgment, injunction, award or decree of any Governmental Authority applicable to the Partnership in a manner that would have a Material Adverse Effect. This Assignment (the "Assignment") is effective as of January 1, 2006, by and between Real Estate Associates Limited III, a California limited partnership by its general partner, National Partnership Investments Corp., with an address of 6100 Center Drive, Suite 800, Los Angeles, California 90045 ("Assignor"), to Broadway Limited Partner, LLC, a Rhode Island limited liability corporation having an address of 475 Kilvert Street, Warwick, Rhode Island 02886 ("Assignee"), with reference to the following. (b) The following terms are defined in the Sections as indicated: TERM SECTION-------- 2005 Financial Statements 5.2(c) Agreement Preamble Assigned Interest Recitals Assignment 2.1(a)(i) Assumption Notice 8.3 Buyer Preamble Buyer Indemnified Parties 8.1(a) Buyer Operator 2.1(a)(iii) Buyer's Identified Representations and Warranties 8.1(a) Closing 4.1 Closing Date 4.1 Consent 5.1(e) Direct Claim 8.4 Effective Time 4.1 Indemnitee 8.3 Indemnitor 8.3 5 TERM SECTION-------- Liens 5.1(b) Losses 8.1(a) Partnership Recitals Partnership Agreement Recitals Party or Parties Preamble Proceeding 8.3 Purchase Price 3.1 Related Party 5.2(h) Resolution 2.1(a)(v) Seller Preamble Seller Indemnified Parties 8.1(b) Seller's Identified Representations and Warranties 8.1(a) Tax Items 3.3 Third Party Claim 8.3 Third Party Claim Notice 8.3 1.2 Interpretation. The following rules of interpretation shall govern the interpretation and construction of this Agreement (unless otherwise expressly provided herein): (a) The singular includes the plural and the plural includes the singular.

Show More

Share this Template:

More templates from this category…

Search
Generic filters
Filter by Custom Post Type
Filter by Categories
Business Formation
Business Management
Business Operations
Business Property
Client and Customer
Construction
Employment
Event
Event & Project Management
Financial
Financial Management
Finder's Fee Agreement
Human Resources
Inventory
IT Project Management
Manufacturing
Personal & Family
Personal Lists, Tracker & Calculator
Real Estate
Website & Services
Will & Estate Planning
Filter by Apps
Excel
Word

Templates by Word

Assignment of Partnership Interest Style 30

Similarly, a deduction may be available to a corporate partner if the fair market value of the debt at the time of distribution exceeds its adjusted issue price. Courts will not enforce a contract to assign an expectancy unless there is a valuable consideration. For example, under a settlement of property the respondent "the son" would have been entitled to an equal portion of properties along with his other siblings which was gained in a settlement by his mother. This portion was only his when allocated to him at his mothers discretion. Prior to this allocation being made, the respondent allotted his benefit to trustees for a voluntary settlement. Courts will not enforce a contract to assign an expectancy unless there is a valuable consideration. For example, under a settlement of property the respondent "the son" would have been entitled to an equal portion of properties along with his other siblings which was gained in a settlement by his mother.

Show More

Share this Template:

More templates from this category…

Search
Generic filters
Filter by Custom Post Type
Filter by Categories
Business Formation
Business Management
Business Operations
Business Property
Client and Customer
Construction
Employment
Event
Event & Project Management
Financial
Financial Management
Finder's Fee Agreement
Human Resources
Inventory
IT Project Management
Manufacturing
Personal & Family
Personal Lists, Tracker & Calculator
Real Estate
Website & Services
Will & Estate Planning
Filter by Apps
Excel
Word

Templates by Word