Common use of PARTNER DUTIES Clause in Contracts

PARTNER DUTIES. The Partners shall have the following duties and obligations: a. Costs and Expenses. The costs and expenses of the Partnership shall be the responsibility of: [DESCRIBE DISTRIBUTION OF COSTS AND EXPENSES] b. Conflict of Interest. A Partner ☐ can ☐ cannot participate, directly or indirectly, in a business related to the acts conducted by the Partnership. c.

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

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PARTNER DUTIES. The Partners shall have the following duties and obligations: a. Costs and Expenses. The costs and expenses of the Partnership shall be the responsibility of: [DESCRIBE DISTRIBUTION OF COSTS AND EXPENSES] b. Conflict of Interest. A Partner ☐ can ☐ cannot participate, directly or indirectly, in a business related to the acts conducted by the Partnership. c..

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

PARTNER DUTIES. The Partners shall have the following duties and obligations: a. Costs and Expenses. The costs and expenses of the Partnership shall be the responsibility of: [DESCRIBE DISTRIBUTION OF COSTS AND EXPENSES] b. Conflict of Interest. A Partner ☐ can ☐ cannot participate, directly or indirectly, in a business related to the acts conducted by the Partnership. c.b.

Appears in 1 contract

Samples: Partnership Agreement

PARTNER DUTIES. The Partners shall have the following duties and obligations: a. Costs and Expenses. The costs and expenses of the Partnership shall be the responsibility of: [DESCRIBE DISTRIBUTION OF COSTS AND EXPENSES] b. Conflict of Interest. A Partner ☐ can ☐ cannot participate, directly or indirectly, in a business related to the acts conducted by the Partnership. c.c. Management. The following Partner(s) are obligated to manage the day-to-day activities of the Partnership: [PARTNER(S’)] NAME(S)].

Appears in 1 contract

Samples: Partnership Agreement

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PARTNER DUTIES. The Partners shall have the following duties and obligations: a. Costs and Expenses. The costs and expenses of the Partnership shall be the responsibility of: [DESCRIBE DISTRIBUTION OF COSTS AND EXPENSES] b. Conflict of Interest. A Partner ☐ can ☐ cannot participate, directly or indirectly, in a business related to the acts conducted by the Partnership. c..

Appears in 1 contract

Samples: Partnership Agreement

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