Common use of Time Devoted to Partnership Business Clause in Contracts

Time Devoted to Partnership Business. The Partners shall not be required to devote full time to the affairs of the Partnership, but shall diligently and faithfully devote whatever time, effort, and skill may be necessary for the conduct of the Partnership's business, and shall perform all of the duties of a Partner which are provided for in this Agreement and the Code.

Appears in 4 contracts

Sources: Partnership Agreement, Partnership Agreement, Partnership Agreement