Partnership agreement
English Russian
Source Text
WHEREAS, TECHKEREMETI is a Special Partnership formed under the laws of Kazakhstan on February 30, 2022; and
WHEREAS, on or about April 31, 2022, HATHORNE & CORWIN HOLDINGS, LLC, a limited liability company formed under the laws of the State of Massachusetts (“Hathorne Corwin”), acquired, for $10 and other good and valuable consideration, a 50% ownership interest in TECHKEREMETI from Surkhayil and Partners (“Surkhayil”); […]
NOW, THEREFORE, in consideration of the mutual covenants set forth herein and other valuable consideration, the receipt and sufficiency of which hereby are acknowledged, the Partners agree as follows:
1. Formation
The parties hereby enter into a partnership agreement, for the purposes and the period and upon the terms and conditions hereinafter set forth. […]
6. Capital Contributions
Each of the Partners shall contribute to the capital of the Partnership the amount set forth opposite its name below:
Surkhayil and Partners -- $90,000, together with all necessary licenses, permits and approvals in Kazakhstan, the cost and expense of which to obtain the same to be incurred and paid by Surkhayil [...]
8. Allocations and Distributions
[...]
Special Allocations -- Notwithstanding the preceding provisions of this Article 8, the following special allocations shall be made in the following order:
(1) Minimum Gain Chargeback -- Except as otherwise provided by the law, if there is a net decrease in partnership minimum gain during any fiscal year, each Partner shall be allocated items of the Partnership's income and gain for such fiscal year (and, if necessary, subsequent fiscal years) in an amount equal to such Partner's share of the net decrease in partnership minimum gain. Allocations made pursuant to the preceding sentence shall be made in proportion to the respective amounts required to be allocated to each Partner pursuant thereto. […]
(3) Qualified Income Offset -- In the event any Partner unexpectedly receives any adjustments, allocations or distributions, items of the Partnership's income and gain shall be allocated to such Partner in an amount and manner sufficient to eliminate any adjusted capital account deficit in such Partner's capital account, as quickly as possible, provided that an allocation pursuant to this provision shall be made only if and to the extent that such Partner would have an adjusted capital account deficit in such Partner's capital account after all other allocations provided for in this Article 8 have been tentatively made as if this provision were not in this Agreement. As used herein, "adjusted capital account deficit" shall mean the deficit balance, if any, in a Partner's capital account at the end of the relevant fiscal year after the following adjustments: (i) credit to such capital account the minimum gain chargeback which the Partner is obligated to restore pursuant to the law; and (ii) debit to such capital account the items described. [...]
WHEREAS, on or about April 31, 2022, HATHORNE & CORWIN HOLDINGS, LLC, a limited liability company formed under the laws of the State of Massachusetts (“Hathorne Corwin”), acquired, for $10 and other good and valuable consideration, a 50% ownership interest in TECHKEREMETI from Surkhayil and Partners (“Surkhayil”); […]
NOW, THEREFORE, in consideration of the mutual covenants set forth herein and other valuable consideration, the receipt and sufficiency of which hereby are acknowledged, the Partners agree as follows:
1. Formation
The parties hereby enter into a partnership agreement, for the purposes and the period and upon the terms and conditions hereinafter set forth. […]
6. Capital Contributions
Each of the Partners shall contribute to the capital of the Partnership the amount set forth opposite its name below:
Surkhayil and Partners -- $90,000, together with all necessary licenses, permits and approvals in Kazakhstan, the cost and expense of which to obtain the same to be incurred and paid by Surkhayil [...]
8. Allocations and Distributions
[...]
Special Allocations -- Notwithstanding the preceding provisions of this Article 8, the following special allocations shall be made in the following order:
(1) Minimum Gain Chargeback -- Except as otherwise provided by the law, if there is a net decrease in partnership minimum gain during any fiscal year, each Partner shall be allocated items of the Partnership's income and gain for such fiscal year (and, if necessary, subsequent fiscal years) in an amount equal to such Partner's share of the net decrease in partnership minimum gain. Allocations made pursuant to the preceding sentence shall be made in proportion to the respective amounts required to be allocated to each Partner pursuant thereto. […]
(3) Qualified Income Offset -- In the event any Partner unexpectedly receives any adjustments, allocations or distributions, items of the Partnership's income and gain shall be allocated to such Partner in an amount and manner sufficient to eliminate any adjusted capital account deficit in such Partner's capital account, as quickly as possible, provided that an allocation pursuant to this provision shall be made only if and to the extent that such Partner would have an adjusted capital account deficit in such Partner's capital account after all other allocations provided for in this Article 8 have been tentatively made as if this provision were not in this Agreement. As used herein, "adjusted capital account deficit" shall mean the deficit balance, if any, in a Partner's capital account at the end of the relevant fiscal year after the following adjustments: (i) credit to such capital account the minimum gain chargeback which the Partner is obligated to restore pursuant to the law; and (ii) debit to such capital account the items described. [...]
Translations
Maria.484
Учитывая, что «ТЭЧКЕРЕМЕТИ» является коммандитным товариществом, учрежденным в соответствии с законодательством Казахстана 30 февраля 2022 г. …more
Michael.537
Принимая во внимание, что компания TECHKEREMETI является коммандитным товариществом, учреждённым 30 февраля 2022 года согласно …more
Svetlana.883
Поскольку «ТЕХКЕРЕМЕТИ» (TECHKEREMETI) является коммандитным товариществом, учрежденным 30 февраля 2022 г. в соответствии с законодательством …more
Talyb.580
ПРИНИМАЯ ВО ВНИМАНИЕ, ЧТО:
компания TECHKEREMETI представляет собой особое товарищество, созданное в соответствии с законодательством Казахстана 30 февраля 2022 г. …more
компания TECHKEREMETI представляет собой особое товарищество, созданное в соответствии с законодательством Казахстана 30 февраля 2022 г. …more
Yuliya.977
ПОСКОЛЬКУ, Простое Товарищество «Течкеремети» создано по законодательству Республики Казахстан 30 февраля 2022 года, и
…more
…more