Common use of Partners’ Capital Accounts Clause in Contracts

Partners’ Capital Accounts. The Partnership will establish and maintain for each Partner a separate capital account consisting of the Partner’s capital contributions. A Partner may not withdraw any portion of capital from his or her capital account without the written consent of all Partners. Capital Account Interest (Check one) ☐ Interest, at the rates and times as determined by the Partners, will be paid on the capital account of any Partner. ☐ NO interest will be paid on the capital account of any Partner. ☐

Appears in 6 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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Partners’ Capital Accounts. The Partnership will establish and maintain for each Partner a separate capital account consisting of the Partner’s capital contributions. A Partner may not withdraw any portion of capital from his or her capital account without the written consent of all Partners. Capital Account Interest (Check one) ☐ Interest, at the rates and times as determined by the Partners, will be paid on the capital account of any Partner. ☐ NO interest will be paid on the capital account of any Partner. ☐.

Appears in 3 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

Partners’ Capital Accounts. The Partnership will establish and maintain for each Partner a separate capital account consisting of the Partner’s capital contributions. A Partner may not withdraw any portion of capital from his or her capital account without the written consent of all Partners. Capital Account Interest (Check one) ☐ Interest, at the rates and times as determined by the Partners, will be paid on the capital account of any Partner. ☐ NO No interest will be paid on the capital account of any Partner. ☐.

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

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Partners’ Capital Accounts. The Partnership will establish and maintain for each Partner a separate capital account consisting of the Partner’s capital contributions. A Partner may not withdraw any portion of capital from his or her capital account without the written consent of all Partners. Capital Account Interest (Check one) ☐ Interest, at the rates and times as determined by the Partners, will be paid on the capital account of any Partner. ☐ NO interest will be paid on the capital account of any Partner. ☐.

Appears in 1 contract

Samples: Partnership Agreement

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