Dec 27, 2011 09:02
12 yrs ago
English term
more limited
English
Law/Patents
Finance (general)
Limited Partnership Agreement
please rephrase/paraphrase:
Therefore, a Limited Partner may have a more limited right of action against the General Partner than he would have absent these provisions in the Limited Partnership Agreement.
The complete Agreement: http://wenku.baidu.com/view/f9b144d7b14e852458fb5763.html?fr... (Page 22, Line 13)
Does it mean: Therefore, a Limited Partner may have a more limited right of action against the General Partner than the General Partner would have than the Limited Partner if there were no these provisions in the Limited Partnership Agreement? Why may LP have more limited right of action?
Thank you very much!
Therefore, a Limited Partner may have a more limited right of action against the General Partner than he would have absent these provisions in the Limited Partnership Agreement.
The complete Agreement: http://wenku.baidu.com/view/f9b144d7b14e852458fb5763.html?fr... (Page 22, Line 13)
Does it mean: Therefore, a Limited Partner may have a more limited right of action against the General Partner than the General Partner would have than the Limited Partner if there were no these provisions in the Limited Partnership Agreement? Why may LP have more limited right of action?
Thank you very much!
Responses
+3
10 mins
Liz Dexter (was Broomfield)
United Kingdom
United Kingdom
Native in English
&
English
Works in field
United Kingdom
Proofreading, editing & localisation
Native in: English (Variants: British, UK, US, Australian, Canadian, New Zealand)
Works in: English
Related KudoZ points
:
28
Selected
fewer rights to take action ...
"a Limited Partner may have fewer rights to take action and fewer options for action against the General Partner than he would have if we didn't include these provisions in the Limited Partnership Agreement"
HOWEVER the original text does make sense in the context in which it's written, so this explanation should just be used to confirm you understand what it means, and the original text, which was probably carefully written by lawyers, should be used for whatever purpose it's intended.
HOWEVER the original text does make sense in the context in which it's written, so this explanation should just be used to confirm you understand what it means, and the original text, which was probably carefully written by lawyers, should be used for whatever purpose it's intended.
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+2
14 mins
Jack Doughty
United Kingdom
United Kingdom
Native in English
&
English
United Kingdom
Translator since 1953
Native in: English
Works in: Russian to English, German to English, English
Related KudoZ points
:
79
"he" refers to the Limited Partner, not the General partner
I think it means:
Therefore, a Limited Partner may have a more limited right of action against the General Partner than he (the Limited Partner) would have were it not for these provisions in the Limited Partnership Agreement.
The reference you give is in Chinese, which makes me wonder if you meant to post this as an English-Chinese question.
Therefore, a Limited Partner may have a more limited right of action against the General Partner than he (the Limited Partner) would have were it not for these provisions in the Limited Partnership Agreement.
The reference you give is in Chinese, which makes me wonder if you meant to post this as an English-Chinese question.
Peer comment(s):
| agree |
B D Finch
: Though "absent" in the source text is a bit odd, this is clearly what is meant..
1 hr
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|
Thank you.
|
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| agree |
Tina Vonhof (X)
7 hrs
|
|
Thank you.
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