This agreement is the final agreement of the parties. This is the complete and exclusive expression of the agreement reached between the parties with respect to the purpose of this agreement. All prior and simultaneous communications, negotiations and agreements between the parties on the purpose of this agreement are expressly incorporated into and replaced by this agreement. The provisions of this agreement must not be declared, supplemented or qualified by evidence of the use of trade or a previous activity. None of the parties was led to conclude this agreement and neither party is based on statements, representation, guarantee or agreement, except those expressly defined in this agreement. Unless expressly stated in this agreement, there are no conditions for the effectiveness of this agreement. With the exception of the liquidation and liquidation of the partnership, no partner may, after this agreement enter into force pursuant to Section 1415, enter into transactions or enter into commitments on behalf of the partnership. A partnership dissolution agreement is an agreement between two or more partners to end a trade partnership. The signing of a partnership agreement will not immediately end the partnership.
The partnership will continue until the entity has gone through the process of settling the company`s debts, terminating the legal existence of the business and distributing the remaining assets of the business. This agreement can be particularly useful if your partnership does not have an initial partnership agreement or if the partnership agreement does not provide conditions for terminating the partnership. By defining clear timetables, responsibilities and roles for each partner, this partnership agreement facilitates the end of a business relationship and the transition to what follows. Other names for this document: termination of the partnership, denunciation of the partnership agreement 1. dissolution. In accordance with this agreement and the terms of the partnership agreement, the partners hereafter agree that the partnership will effectively be terminated from the date of „dissolution“ in accordance with the sections of the partnership agreement.