Common use of Nature of Performance Clause in Contracts

Nature of Performance. During the existence of the partnership, the partners shall be solely responsible for performing the following duties: (a) The First Party shall contribute all money needed to purchase, repair, maintain, advertise, market and any other expenses, as well as any mortgage payments that become due during the period of ownership of the subject property as well as qualifying for any necessary financing. (b) The Second Party shall be solely responsible for the day to day management, maintenance renovation & marketing of the subject property for resale, thereby protecting the investment of the parties. The Second Party may, at his sole option and expense, make alterations and improvements to the property, as in his discretion, are necessary and advisable.

Nature of Performance. During the existence of the partnership, joint venture the partners shall be solely responsible for performing the following duties: (aA) The First Party first party shall not contribute all money any monies needed to purchase, repair, maintain, advertise, market and any other expenses, as well as any expenses except for mortgage payments that become due during the period of ownership of the subject property as well as qualifying for any necessary the first six months of which will be paid upfront front the proceeds of the loan financing. (bB) The Second Party second party shall be solely responsible for the day to day managementmanagement maintenance, maintenance renovation & and marketing of the subject property for resale, thereby protecting the investment of the for both parties. The Second Party maysecond party my make, at his sole option and expense, make alterations and improvements to the property, property as in his discretion, her discretion are necessary and advisable.

Nature of Performance. During the existence of the partnership, joint venture the partners shall be solely responsible for performing the following duties: (aA) The First Party first party shall contribute all money monies needed to purchase, repair, maintain, advertise, market and any other expenses, expenses as well as any mortgage payments that become due during the period of ownership of the subject property as well as qualifying for any necessary financing. (bB) The Second Party second party shall be solely responsible for the day to day managementmanagement maintenance, maintenance renovation & and marketing of the subject property for resale, thereby protecting the investment of the for both parties. The Second Party maysecond party my make, at his sole option and expense, make alterations and improvements to the property, property as in his discretion, her discretion are necessary and advisable.

Nature of Performance. During the existence of the partnership, joint venture the partners shall be solely responsible for performing the following duties: (aA) The First Party first party shall contribute all money needed <<$ AMOUNT>> to purchase, repair, maintain, advertise, market and any other expenses, expenses as well as any mortgage payments that become due during the period of ownership of the subject property as well as qualifying for any necessary financing. (bB) The Second Party second party shall be solely responsible for the day to day managementmanagement maintenance, maintenance renovation & and marketing of the subject property for resale, thereby protecting the investment of the for both parties. The Second Party maysecond party may make, at his sole option and expense, make alterations and improvements to the property, property as in his discretion, her discretion are necessary and advisable.