Common use of Interest in Property Clause in Contracts

Interest in Property. The beneficial interest of each Party in such property, unless changed pursuant to the terms of this Agreement or in a writing signed by the Parties, shall be in proportion to such Party’s respective contribution percentage, as stated in Section 2.

Appears in 1 contract

Sources: Joint Venture Agreement (OSL Holdings Inc.)

Interest in Property. The beneficial interest of each Party in such property, unless changed pursuant to the terms of this Agreement or in a writing signed by the PartiesVenturers, shall be in proportion to such Party’s 's respective contribution percentage, as stated in Section 2.

Appears in 1 contract

Sources: Joint Venture Agreement