How is LPL Partnership defined in a legal contract?
- LPL Partnership means a specific form of Limited Partnership, in which the Partnership holds a [number]% general partner interest, and the Company holds a [number]% limited partner interest. Seen in 1 SEC Filing
Note: For all such definitions, placeholders are used instead of specific numerical or named references to maintain the global applicability of the definition.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of lpl partnership' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- LPL Partnership means a Limited Partnership where one entity is a general partner and another is a limited partner.
Relevant Contract Types
Relevant Circumstances
- Formation of a new partnership.
- Addition of a new general or limited partner.
- A restructuring or dissolution of an existing partnership.
Relevant Sectors
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LPL Partnership means a Limited Partnership where one entity is a general partner and another is a limited partner.
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