Common use of Borrowing or Encumbrance of Partnership Interest Clause in Contracts

Borrowing or Encumbrance of Partnership Interest. Neither Partner shall, without the previous consent in writing of the other, sign or encumber its share or interest in the Partnership, borrow money on behalf of the Business or, hire any employee or subcontractor.

Appears in 8 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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Borrowing or Encumbrance of Partnership Interest. Neither Partner shall, without the previous consent in writing of previously informing the otherother partners, sign or encumber its their share or interest in the Partnership, borrow money on behalf of the Business or, hire any employee or subcontractorBusiness.

Appears in 1 contract

Samples: bhutancrowdfunding.rsebl.org.bt

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