Customers who bought this item also bought
Limited Partnership Agreement | Canada
Set up a limited partnership in Canada with this downloadable Limited Partnership Agreement template.
- The general partner will have unlimited liability for the debts and liabilities of the partnership.
- The liability of the limited partners is limited to the amount of the subscription paid by each of them for their partnership units.
- The general partner is responsible for managing the business of the partnership.
- The general partner will hold title to all assets and equipment acquired on behalf of the partnership.
- The partners will be entitled to share in the profits of the business.
- The remaining partners have a right of first refusal to purchase the interest of a withdrawing partner.
- This legal form template is available in MS Word format and is fully editable to meet your needs.
- Governed by Canadian laws.
$29.99
Alberta Limited Partnership Agreement for Buying and Selling Commodities Contracts
Set up an Alberta partnership for buying and selling commodities contracts with this Limited Partnership Agreement template.
- The partnership is being formed for the sole purpose of buying and selling commodities contracts.
- If the capital account drops below 50% of the aggregate capital contributions of the limited partners, the business will end immediately and the partnership will sell all of its commodities contracts.
- The limited partners do not have the authority to manage the partnership, or to execute contracts on its behalf or bind it in any way.
- Each limited partner grants the general partner a power of attorney to execute and register documents on their behalf with respect to establishing and eventually dissolving the partnership.
- If any partner defaults in payment of any amount which he has agreed to pay, the general partner may sell the defaulting partner's units to raise funds to remedy the default.
- Available in MS Word format.
- Intended to be used only in the Province of Alberta, Canada.
$39.99