Common use of Sharing of Profits Clause in Contracts

Sharing of Profits. The partners shall be entitled to the net profits arising from the operation of the partnership business that remain after the payment of the expenses of conducting the business of the partnership. Each partner shall be entitled to the distributive share of the profits specified below.

Appears in 3 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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Sharing of Profits. The partners shall be entitled to the net profits arising from the operation of the partnership business that remain after the payment of the expenses of conducting the business of the partnership. Each partner shall be entitled to the distributive share of the profits specified below. First Party - . Second Party - .

Appears in 1 contract

Samples: Partnership Agreement

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