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In the event of default, the defaulting Partner hereby gives <br />an irrevocable power of attorney to t e non - defaulting Partners to <br />sign all necessary documents to coney the defaulting Partner's <br />interest in the Partnership. <br />11. Enforcement of Contractual <br />remedies as set forth above are not <br />its sole option, may avail itself <br />remedies in order to enforce the prc <br />order to obtain any additional capit <br />any Partners herein. In the even <br />commence any action against a delinclt <br />by such delinquent Partner shall b <br />Eighteen Percent (18 %) per annum ac <br />default; and the delinquent Partner <br />reimburse the Partnership for all c <br />reasonable attorney's fees. <br />:)ligations. In the event the <br />pplied, the Partnership, at <br />of any equitable or legal <br />isions of this Agreement in <br />contributions required of <br />the Partnership elects to <br />nt Partner, the amount owing <br />Lr interest at the rate of <br />,uing from the date of such <br />Lall further be obligated to <br />sts and expenses, including <br />12. No Benefits to Third Partie . While this Agreement may <br />place a personal obligation upon the individual Partners to make <br />capital contributions as called for to this Partnership, <br />nevertheless this Partnership Agreeme t is not intended to and it <br />does not raise any benefits for third parties who are not parties <br />to this Agreement. <br />13. Accounting Year End Methods. <br />determined by the Partners in consult <br />and attorneys. The Partnership shall <br />and shall report for income purposes c <br />the accrual method, as the Partners <br />shall be prepared and delivered to th <br />and all Partners shall have reasonab <br />records at all times. <br />The fiscal year shall be as <br />ition with their accountants <br />keep its accounting records <br />n the cash receipt method or <br />agree. Financial statements <br />Partners at least annually <br />Le access to the accounting <br />14. Voting Rights. Any Partner shall have the right by a <br />signed proxy to another Partner to vote his interest hereunder at <br />any annual meeting of the Partnership. Such proxy shall be in <br />writing, shall be executed prior to the time of any meeting at <br />which such assigned right to vote may be exercised. <br />15. Salaries to Partners. No salary shall be paid to any <br />Partner unless agreed upon by all of the Partners, in which case it <br />shall be paid only to the extent there are Partnership assets <br />available therefor. Any salary to a Partner shall not be <br />considered a distribution of profits. <br />16. <br />(a) Transfer of Partnership interests are permitted only <br />on the conditions hereafter set forth <br />RIGHMECKHARDWARTNERS.AGT 5 <br />