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1. Parties: Identification of the seller(s) and purchaser(s) of the limited partnership interests
2. Background: Context of the transaction, including description of the limited partnership and interests being sold
3. Definitions: Defined terms used throughout the agreement
4. Purchase and Sale: Core transaction terms including partnership interests being sold and purchase price
5. Purchase Price and Payment: Details of consideration, payment method, and timing
6. Closing: Closing date, conditions precedent, and closing deliverables
7. Representations and Warranties of Seller: Seller's statements regarding ownership, authority, and partnership interests
8. Representations and Warranties of Purchaser: Purchaser's statements regarding authority, capacity, and compliance
9. Covenants: Pre-closing and post-closing obligations of the parties
10. Indemnification: Provisions for compensating parties for breaches or losses
11. General Partnership Matters: Partnership governance and operational provisions post-transaction
12. Confidentiality: Protection of confidential information
13. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Regulatory Approvals: Required when the transaction needs specific regulatory clearances
2. Tax Matters: Detailed tax provisions when significant tax implications exist
3. Employee Matters: Required when the partnership has employees affected by the transaction
4. Financing Contingency: Include when purchase is contingent on purchaser obtaining financing
5. Non-Competition: Required when seller needs to be restricted from competing
6. Transition Services: Include when seller will provide post-closing operational support
7. Environmental Matters: Required when partnership owns or operates facilities with environmental concerns
8. Intellectual Property: Include when partnership has significant IP assets
1. Schedule A - Partnership Interests: Detailed description of partnership interests being transferred
2. Schedule B - Purchase Price Allocation: Breakdown of purchase price allocation across assets/interests
3. Schedule C - Partnership Assets: Inventory of partnership's material assets
4. Schedule D - Material Contracts: List of partnership's significant contracts and agreements
5. Schedule E - Required Consents: List of third-party consents needed for transaction
6. Schedule F - Permitted Encumbrances: List of accepted liens or encumbrances on partnership assets
7. Schedule G - Disclosure Schedule: Exceptions to representations and warranties
8. Appendix 1 - Form of Transfer Power: Form document for transferring partnership interests
9. Appendix 2 - Closing Certificate Forms: Templates for closing certificates
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Healthcare
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Agriculture
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Professional Services
Venture Capital
Investment Management
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Risk Management
Investment Management
Due Diligence
Business Development
Treasury
Corporate Secretariat
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Lawyer
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Private Equity Manager
Fund Manager
Transaction Manager
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