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Initial Capital. The initial capital of this Partnership shall be the sum of $. , to which each Partner shall contribute by depositing in a checking account in the name of the. Partnership at the. in. on or before_____________________, the following amounts: shall contribute $. shall contribute $. 6. Withdrawal of
11 Jan 2018 A Partnership Agreement is an agreement between two or more individuals who would like to manage and operate a business together in order to make a profit. It is a relatively common business structure in Australia, and can be contrasted to other common business structures such as a sole trader,
Are you planning to start a new business with a partner? That's great but before you proceed, it's suggested that you make everything legal through a business Partnership Agreement. Such an agreement will highlight the rules and regulations as well as the terms and conditions to be followed by both the partners in running
A Partnership Agreement is a contract between two or more individuals who would like to manage and operate a business together in order to make a profit. Each Partner shares a portion of the partnership's profits and losses and each Partner is personally liable for the debt and obligations of the Partnership.
PARTNERSHIP AGREEMENT. THIS PARTNERSHIP AGREEMENT effective as of the 1st day of October, 2003. BETWEEN: [ ], incorporated under the laws of [ ]. (hereinafter “X"). OF THE FIRST PART,. - and -. [ ], incorporated under the laws [ ]. (hereinafter “Y"). OF THE SECOND PART. WHEREAS X and Y entered into
PARTNERSHIP AGREEMENT. 1. PARTIES. 1.1. 1.2. 1.3. 2. INTRODUCTION. 2.1. The parties hereto have been constituted as a partnership for the purpose of. 2.2. The partnership is constituted under the name of and this agreement is intended to record and govern the relationship of the parties in the partnership. 3.
If the Partnership survives, the remaining Partner(s) will pay, within a reasonable time, the departing Partner, or the deceased Partner's estate, the fair market value of the departing Partner's share of the business as of the date of his or her departure. The. Partnership's accountant will determine the fair market value of the
Partnership Name and Purpose. The parties hereto hereby form a Partnership under the name and style of. (hereafter referred to as "the. Partnership") to own real property, develop real property, and thereafter to manage, operate, develop, mortgage, lease or sell real property and do all other lawful things as further
Sample Partnership Agreement. THIS PARTNERSHIP AGREEMENT is made this day of . 2XXX , by and between Partner 1 and Partner 2. Explanatory Statement. The parties hereto desire to enter into the business of purchasing, acquiring, operating, leasing, owning and selling Grape acreage and other
4.2. Personnel. Key personnel who represent the parties to the agreement are listed in Annex A. They include the staff who shall be the key party to this agreement and the accounting officer. The. Accounting Officer shall perform the agreed services with all due diligence, efficiency and economy in accordance with

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February 2018