Partnership Term Clause Samples
POPULAR SAMPLE Copied 5 times
Partnership Term. The Partnership shall commence on , 20 and will continue until: (Check one) ☐ , 20 , ☐ It terminates in accordance with the terms of this Agreement, unless terminated earlier in accordance with the terms of this Agreement. ☐
Partnership Term. The period of duration of the Partnership, as set forth in Section 2.5.
Partnership Term. The partnership shall commence on……………………………., and shall continue until terminated.
Partnership Term. 3.1 The Partnership shall commence as of the date of the filing of the Certificate and the Partnership shall continue in existence until it is terminated, liquidated, or dissolved in accordance with this Agreement or by operation of law.
Partnership Term. The term of this partnership Agreement shall commence on the date of signature by both parties and no earlier than July 1, 2023 and end on June 30, 2024 (hereby referred to as the "Term").
Partnership Term. The term of the Partnership shall be deemed to have commenced with the filing of the Certificate and shall be perpetual, unless sooner terminated in accordance with the provisions of this Agreement.
Partnership Term. What is a partnership with a fixed term? A: It is one in which the term of its existence has been agreed upon by the partners either:
Partnership Term. The Partnership commenced on the date set forth in Article 1.1, above, and will remain effective until the date on which the Partnership is terminated pursuant to the Act or any provision of this Agreement following dissolution. In the event the Partnership is dissolved it shall continue in existence after dissolution until finally terminated for the sole purpose of winding up its affairs, as provided herein.
Partnership Term. The Partnership shall commence on , 20 and will continue until: The Partners' cash contribution will be: The net profits and losses of the Partnership will be divided: [Partner] will get a share % of the net profit and
Partnership Term. The term of the Partnership commenced on _ and shall continue [in perpetuity] [alternative if end-date set forth in filed organizational documents--until [DATE]], unless sooner terminated in accordance with Article XII. Upon dissolution of the Partnership, the General Partner shall take all actions necessary to terminate the Partnership in accordance with requirements of the Act.