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I <br /> I <br /> i <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> ! <br /> I <br /> I <br /> I <br /> I <br />I <br />I <br />I <br />! <br />I <br /> <br />the Partnership. Said reserves sha)l be paid over by Partners to a <br />bank, an attorney at law or other agent as escrow agent to be held for <br />the purpose of disbursing such reserves in payment of any such <br />contingencies. At the expiration of such period as the Partners deem <br />advisable, the balance thereof shall be distributed in the manner <br />hereinafter provided in the Article XVI, in the order named. <br /> <br /> E. All amounts owed to Partners, for compensation or loans or <br />otherwise, shall then be paid. <br /> <br />F. Drawing Accounts <br /> <br /> I. A proper accounting shall be made of the balances in the <br /> <br />drawing accounts of all Partners as of the effective date of <br />liquidation, including each Partner's share in the Partnership <br />profits up to and as of the date of liquidation, and including any <br />undistributed balance of this share of the net Partnership income <br />for prior fiscal years. Such credited amounts shall be reduced by <br />any withdrawals therefrom, or charges or losses therein, prior to <br />the effective date of liquidation. Such credit balance in the <br />drawing account of a Partner shall be paid to him as soon as <br />practicable after the exact amount thereof has been certified. <br /> <br /> 2. Subject to the preceding subparagraph (I), during the <br />period of liquidation of the Partnership business, and winding up <br />of the Partnership affairs, the Partners shall continue to share <br />profits and losses from the business in accordance with the method <br />in effect on the effective date of liquidation. <br /> <br /> G. A proper accounting shall be made of the capital accounts of <br />the Partners. The aggregate proceeds of liquidation of Partnership <br />capital assets shall be credited to the capital accounts of the Partners <br />in the proportion that each Partner's capital account bears to the . <br />capital accounts of all Partners. The assets of the Partnership shall <br />then, so far as possible, be applied to the payment to Partners of their <br />respective capital accounts. If the amount available for such payment <br />shall be insufficent, such assets shall be applied pro rata to the <br /> <br />-14- <br /> <br /> <br />