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  • Industrial Partner - Provision in Articles

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    GinMa Teves
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    The profits and losses of the partnership will be divided proportionally based on each partner's capital contribution, except the industrial partner will not be liable for losses. The industrial partner will receive an equitable share of profits determined by circumstances. If the industrial partner contributed capital in addition to services, they will receive a share of profits proportional to their capital contribution. The limited partner is only liable for losses up to their capital contribution.

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    The profits and losses of the partnership will be divided proportionally based on each partner's capital contribution, except the industrial partner will not be liable for losses. The industrial partner will receive an equitable share of profits determined by circumstances. If the industrial partner contributed capital in addition to services, they will receive a share of profits proportional to their capital contribution. The limited partner is only liable for losses up to their capital contribution.

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    28 views1 page

    Industrial Partner - Provision in Articles

    Uploaded by

    GinMa Teves
    The profits and losses of the partnership will be divided proportionally based on each partner's capital contribution, except the industrial partner will not be liable for losses. The industrial partner will receive an equitable share of profits determined by circumstances. If the industrial partner contributed capital in addition to services, they will receive a share of profits proportional to their capital contribution. The limited partner is only liable for losses up to their capital contribution.

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    © All Rights Reserved
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    Seventh: That the profits and losses of this partnership shall be divided and distributed proportionately

    on the ratio of the capital contribution of each partner, but the industrial partner shall not be liable for
    the losses. As for the profits, the industrial partner shall receive such share as may be just and equitable
    under the circumstances.

    If besides his services he has contributed capital, he shall also receive a share in the profits in proportion
    to his capital.

    (Limited partner shall be liable for losses only to the extent of his/her contribution.)

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