Partnership/Company Expenses

Description

This AI field captures provisions relating to a limited partnership or limited liability company’s obligation to pay its ongoing business or operating expenses, including the obligation to reimburse the general partner or manager (or a director, committee member, etc. where applicable) for any such expenses incurred on its behalf. This AI field does not capture management fees paid to the general partner or manager, non-reimbursable expenses of the partners/members, capital contributions to fund expenses, or expense-related definitions.


Jurisdiction

  • Canada (Alberta, British Columbia, and Ontario)
  • United States (California, Delaware, and Texas)

Document Types

  • 98% Governance Agt
  • 2% Other

Tags

  • LPA/LLC

Language

  • 100% English