Common use of Partners' Drawing Accounts Clause in Contracts

Partners' Drawing Accounts. Each partner shall be entitled to draw -------------------------- against profits such amounts as shall from time to time be agreed on by a majority in interest of the partners. These amounts shall be charged to the partners' drawing accounts as they are drawn.

Appears in 3 contracts

Samples: Partnership Agreement (Citadel Holding Corp), Partnership Agreement (Citadel Holding Corp), Partnership Agreement (Citadel Holding Corp)

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