General Partner definition: Copy, customize, and use instantly
Introduction
The term "General Partner" refers to an individual or entity that manages and assumes liability for the operations, obligations, and decision-making of a partnership. It is essential for clarifying the roles, responsibilities, and authority of a partner in a partnership agreement.
Below are various examples of how "General Partner" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "General Partner" as a partner in a limited partnership
This definition ties "General Partner" to limited partnerships.
"General Partner" means a partner in a limited partnership who has the authority to manage the partnership’s business operations and is personally liable for the debts and obligations of the partnership.
Definition of "General Partner" as a managing partner
This definition connects "General Partner" to day-to-day management.
"General Partner" refers to the managing partner of a partnership responsible for the day-to-day operations, decision-making, and strategic direction of the partnership's activities.
Definition of "General Partner" as a partner with fiduciary duties
This definition links "General Partner" to fiduciary responsibilities.
"General Partner" means a partner who owes fiduciary duties to the partnership and its partners, including duties of loyalty, care, and good faith in managing the partnership’s assets and operations.
Definition of "General Partner" as a partner with unlimited liability
This definition applies "General Partner" to liability exposure.
"General Partner" refers to a partner in a partnership who assumes unlimited personal liability for the debts and obligations of the partnership, in contrast to limited partners whose liability is restricted to their investment.
Definition of "General Partner" as an entity in a venture capital fund
This definition ties "General Partner" to venture capital.
"General Partner" means the entity responsible for managing the operations of a venture capital fund, including investment decisions, portfolio management, and fundraising, while also bearing the fund’s liabilities.
Definition of "General Partner" as a partner in a general partnership
This definition connects "General Partner" to general partnerships.
"General Partner" refers to a partner in a general partnership who shares equal rights and responsibilities in the management and obligations of the partnership.
Definition of "General Partner" as a partner with authority to bind the partnership
This definition links "General Partner" to binding authority.
"General Partner" means a partner authorized to act on behalf of the partnership, including entering into contracts, managing transactions, and making decisions that legally bind the partnership.
Definition of "General Partner" as a partner in a private equity fund
This definition applies "General Partner" to private equity.
"General Partner" refers to the managing entity of a private equity fund that oversees investment strategies, decision-making, and day-to-day operations, while bearing personal liability for the fund’s activities.
Definition of "General Partner" as a partner in a real estate partnership
This definition ties "General Partner" to real estate ventures.
"General Partner" means the partner responsible for managing a real estate partnership’s assets, including property acquisitions, financing, development, and operational decisions, while bearing the associated liabilities.
Definition of "General Partner" as a partner in an investment partnership
This definition connects "General Partner" to investment oversight.
"General Partner" refers to the individual or entity tasked with managing the investment decisions, risk management, and overall operations of an investment partnership, while assuming personal liability.
Definition of "General Partner" as a partner in a family limited partnership
This definition links "General Partner" to family partnerships.
"General Partner" means a partner in a family limited partnership who is responsible for managing the partnership’s assets, investments, and operations on behalf of the family members involved.
Definition of "General Partner" as a partner with contractual management duties
This definition applies "General Partner" to specific agreements.
"General Partner" refers to the partner designated in a partnership agreement as having contractual management duties, including oversight of the partnership’s operations and fulfillment of its obligations.
Definition of "General Partner" as a sponsor in a joint venture
This definition ties "General Partner" to joint ventures.
"General Partner" means the sponsoring entity or individual in a joint venture partnership who assumes management responsibilities, operational control, and liability for the venture’s outcomes.
Definition of "General Partner" as a partner with profit-sharing responsibilities
This definition connects "General Partner" to profit distribution.
"General Partner" refers to the partner responsible for managing the partnership’s finances and ensuring equitable distribution of profits to the partners according to the partnership agreement.
Definition of "General Partner" as a partner in a hedge fund
This definition links "General Partner" to hedge fund management.
"General Partner" means the managing partner or entity in a hedge fund responsible for overseeing investment strategies, fund administration, and compliance while assuming liability for fund activities.
Definition of "General Partner" as a trustee-equivalent partner
This definition applies "General Partner" to trustee-like roles.
"General Partner" refers to the partner who acts as a trustee-equivalent, holding and managing partnership assets for the benefit of the partnership and its partners while adhering to fiduciary responsibilities.
Definition of "General Partner" as a partner with decision-making authority
This definition ties "General Partner" to authority in decision-making.
"General Partner" means a partner who holds primary decision-making authority for the operations, strategy, and financial matters of the partnership, including the power to make binding decisions on behalf of the partnership.
Definition of "General Partner" as an equity partner
This definition connects "General Partner" to equity ownership.
"General Partner" refers to a partner who holds an equity interest in the partnership, participates in profits and losses, and is responsible for managing the partnership’s activities.
Definition of "General Partner" as a partner with supervisory authority
This definition links "General Partner" to supervisory responsibilities.
"General Partner" means the partner who has authority to supervise the operations of the partnership, including overseeing staff, managing contracts, and ensuring the partnership’s objectives are met.
Definition of "General Partner" as a partner in a cross-border partnership
This definition applies "General Partner" to international contexts.
"General Partner" refers to a partner in a cross-border or international partnership responsible for managing the operations and compliance of the partnership across multiple jurisdictions.
Definition of "General Partner" as a partner in a syndicate
This definition connects "General Partner" to syndicate structures.
"General Partner" means the partner in a syndicate who is responsible for managing the group’s investments, operations, and coordination of activities among syndicate members.
Definition of "General Partner" as a partner with operational control
This definition links "General Partner" to operational management.
"General Partner" refers to the partner who has full operational control of the partnership, managing day-to-day activities, overseeing execution of business plans, and ensuring the smooth running of the partnership’s affairs.
Definition of "General Partner" as a partner with legal obligations
This definition ties "General Partner" to legal responsibilities.
"General Partner" means a partner who assumes full legal responsibility for the partnership’s obligations, including debt repayment and any liabilities incurred in the course of business.
Definition of "General Partner" as a partner in a limited liability partnership (LLP)
This definition applies "General Partner" to LLP structures.
"General Partner" refers to a partner in a limited liability partnership (LLP) who manages the business while being protected from certain liabilities but still holds operational responsibility and obligations.
Definition of "General Partner" as a partner in a cooperative venture
This definition links "General Partner" to cooperative ventures.
"General Partner" means the partner in a cooperative venture responsible for organizing joint activities, managing resources, and ensuring the effective collaboration of all parties involved in the cooperative efforts.
Definition of "General Partner" as an executive partner
This definition connects "General Partner" to executive roles.
"General Partner" refers to the partner in a partnership who has the authority to make executive decisions, direct company strategy, and oversee business operations at the highest level.
Definition of "General Partner" as a partner with management and investment duties
This definition links "General Partner" to both management and investment roles.
"General Partner" means the partner responsible for both the strategic management and investment activities of the partnership, with duties to oversee both operational success and financial performance.
Definition of "General Partner" as a partner with the right to control profits
This definition ties "General Partner" to control over profits.
"General Partner" refers to the partner with the right to control the distribution of profits and losses in the partnership, based on the partnership agreement’s terms.
Definition of "General Partner" as a partner in a franchise system
This definition applies "General Partner" to franchise contexts.
"General Partner" means the partner who has a controlling interest and is responsible for managing the operations of a franchise business, including adherence to franchise agreements and maintaining brand standards.
Definition of "General Partner" as a partner in a service-based partnership
This definition connects "General Partner" to service-focused businesses.
"General Partner" refers to the partner who manages the delivery of services in a service-based partnership, including client management, service quality control, and operational processes.
Definition of "General Partner" as a partner in a family business
This definition links "General Partner" to family-owned enterprises.
"General Partner" means a member of a family partnership who takes on the managerial and operational responsibilities for the business while holding primary responsibility for business decisions and liabilities.
Definition of "General Partner" as a partner responsible for risk management
This definition ties "General Partner" to risk oversight.
"General Partner" means a partner who oversees risk management for the partnership, including identifying potential liabilities, ensuring compliance with laws and regulations, and mitigating financial and operational risks.
Definition of "General Partner" as a partner in a strategic alliance
This definition connects "General Partner" to alliances.
"General Partner" refers to a partner in a strategic alliance who manages joint efforts, coordinates activities, and represents the partnership in external dealings to achieve shared goals.
Definition of "General Partner" as a partner with voting power
This definition links "General Partner" to decision-making authority.
"General Partner" means a partner with significant voting power in the partnership, responsible for approving major business decisions and operational policies.
Definition of "General Partner" as a partner in an agricultural partnership
This definition applies "General Partner" to agricultural businesses.
"General Partner" refers to a partner responsible for managing an agricultural partnership, including overseeing land use, crop production, livestock management, and compliance with agricultural regulations.
Definition of "General Partner" as a partner in a nonprofit partnership
This definition ties "General Partner" to nonprofit organizations.
"General Partner" means a partner who manages the operations of a nonprofit partnership, ensuring that the partnership’s activities align with its mission and comply with applicable laws and regulations.
Definition of "General Partner" as a partner in a renewable energy partnership
This definition connects "General Partner" to renewable energy.
"General Partner" refers to a partner who oversees the operations of a renewable energy partnership, including project development, regulatory compliance, and resource allocation.
Definition of "General Partner" as a partner in a healthcare partnership
This definition links "General Partner" to healthcare organizations.
"General Partner" means a partner responsible for managing a healthcare partnership, including ensuring compliance with healthcare regulations, overseeing operations, and improving patient outcomes.
Definition of "General Partner" as a partner in a hospitality partnership
This definition applies "General Partner" to the hospitality industry.
"General Partner" refers to a partner who manages a hospitality-focused partnership, including hotel operations, customer service, and revenue management.
Definition of "General Partner" as a partner in an educational partnership
This definition ties "General Partner" to educational institutions.
"General Partner" means a partner responsible for managing an educational partnership, including resource allocation, curriculum development, and compliance with educational standards.
Definition of "General Partner" as a partner in an international trade partnership
This definition connects "General Partner" to trade operations.
"General Partner" refers to a partner who oversees the operations of an international trade partnership, including import-export activities, customs compliance, and supply chain management.
Definition of "General Partner" as a partner with fundraising responsibilities
This definition links "General Partner" to fundraising efforts.
"General Partner" means a partner tasked with raising funds for the partnership, including seeking investments, securing loans, and managing financial resources to support the partnership’s objectives.
Definition of "General Partner" as a partner in a technology partnership
This definition applies "General Partner" to tech-focused businesses.
"General Partner" refers to a partner who manages a technology-focused partnership, including overseeing product development, intellectual property, and market strategy.
Definition of "General Partner" as a partner in a manufacturing partnership
This definition ties "General Partner" to manufacturing businesses.
"General Partner" means a partner responsible for managing a manufacturing partnership, including production schedules, quality assurance, and supply chain logistics.
Definition of "General Partner" as a partner in an entertainment partnership
This definition connects "General Partner" to the entertainment industry.
"General Partner" refers to a partner who oversees the operations of an entertainment partnership, including project management, talent coordination, and content distribution.
Definition of "General Partner" as a partner in a transportation partnership
This definition links "General Partner" to logistics and transportation.
"General Partner" means a partner responsible for managing a transportation-focused partnership, including fleet operations, logistics planning, and regulatory compliance.
Definition of "General Partner" as a partner in a fintech partnership
This definition applies "General Partner" to financial technology ventures.
"General Partner" refers to a partner who manages a fintech partnership, including overseeing technological innovation, regulatory compliance, and financial operations.
Definition of "General Partner" as a partner in a franchising partnership
This definition ties "General Partner" to franchising operations.
"General Partner" means a partner who oversees the operations of a franchise partnership, including franchisee relations, ensuring brand consistency, and managing royalty structures.
Definition of "General Partner" as a partner in a creative arts partnership
This definition connects "General Partner" to the creative arts industry.
"General Partner" refers to a partner responsible for managing a creative arts partnership, overseeing talent acquisition, creative direction, and project execution in the arts.
Definition of "General Partner" as a partner in a venture capital partnership
This definition links "General Partner" to venture capital investments.
"General Partner" means a partner who actively manages the investment fund in a venture capital partnership, including evaluating startups, making investment decisions, and mentoring portfolio companies.
Definition of "General Partner" as a partner in a construction partnership
This definition applies "General Partner" to the construction industry.
"General Partner" refers to a partner who manages the day-to-day operations of a construction partnership, including overseeing projects, managing contractors, and ensuring compliance with safety regulations.
Definition of "General Partner" as a partner in a real estate partnership
This definition connects "General Partner" to real estate ventures.
"General Partner" means a partner responsible for managing the assets and operations of a real estate partnership, including property acquisition, leasing, and financial management.
Definition of "General Partner" as a partner in an insurance partnership
This definition links "General Partner" to insurance operations.
"General Partner" refers to a partner responsible for managing the operations of an insurance partnership, including underwriting, claims processing, and compliance with insurance regulations.
Definition of "General Partner" as a partner in a retail partnership
This definition applies "General Partner" to retail businesses.
"General Partner" means a partner who oversees the operations of a retail partnership, including product sourcing, store management, and customer service strategy.
Definition of "General Partner" as a partner in a hospitality real estate partnership
This definition ties "General Partner" to hospitality real estate.
"General Partner" refers to a partner managing the operations and investment strategy in a hospitality real estate partnership, including hotel property acquisition, development, and operations.
Definition of "General Partner" as a partner in an intellectual property partnership
This definition connects "General Partner" to intellectual property ventures.
"General Partner" means a partner responsible for managing intellectual property assets in a partnership, including trademark licensing, patent filings, and the enforcement of IP rights.
Definition of "General Partner" as a partner in a telecommunications partnership
This definition applies "General Partner" to telecommunications businesses.
"General Partner" refers to a partner who oversees the strategy and operations of a telecommunications partnership, including network infrastructure, service provision, and regulatory compliance.
Definition of "General Partner" as a partner in a fashion partnership
This definition links "General Partner" to the fashion industry.
"General Partner" means a partner responsible for overseeing the operations of a fashion partnership, including design, production, and distribution of apparel and accessories.
Definition of "General Partner" as a partner in a publishing partnership
This definition connects "General Partner" to publishing ventures.
"General Partner" refers to a partner who manages the publishing operations, including the acquisition of manuscripts, editorial oversight, and distribution of content.
Definition of "General Partner" as a partner in an energy production partnership
This definition ties "General Partner" to energy production.
"General Partner" means a partner responsible for managing operations in an energy production partnership, including energy sourcing, regulatory compliance, and environmental impact assessments.
Definition of "General Partner" as a partner in a transportation logistics partnership
This definition links "General Partner" to logistics management.
"General Partner" refers to a partner who manages the operations of a transportation logistics partnership, including route planning, fleet management, and supply chain coordination.
Definition of "General Partner" as a partner in a sports partnership
This definition applies "General Partner" to the sports industry.
"General Partner" means a partner responsible for overseeing operations in a sports partnership, including team management, event planning, and sponsorship agreements.
Definition of "General Partner" as a partner in a software development partnership
This definition connects "General Partner" to software development.
"General Partner" refers to a partner responsible for overseeing the development and commercialization of software products in a software partnership, including managing development teams and ensuring product-market fit.
Definition of "General Partner" as a partner in a media partnership
This definition links "General Partner" to media ventures.
"General Partner" means a partner who manages the operations of a media partnership, including content creation, distribution, and audience engagement strategies.
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