Common use of Allocation and Other Rules Clause in Contracts

Allocation and Other Rules. (a) Profits, Losses, and any other items of income, gain, loss, or deduction will be allocated to the Partners pursuant to this Article 7 as of the last day of each Fiscal Year, provided that Profits, Losses, and the other items will also be allocated at any time the Gross Asset Values of the Partnership’s assets are adjusted pursuant to paragraph (b) of the definition of “Gross Asset Value.”

Appears in 3 contracts

Samples: Agreement (Columbia Pipeline Partners LP), Agreement (Columbia Pipeline Partners LP), Agreement (Columbia Pipeline Partners LP)

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Allocation and Other Rules. (a) Profits, Losses, and any other items of income, gain, loss, or deduction will be allocated to the Partners pursuant to this Article 7 as of the last day of each Fiscal Year, provided that Profits, Losses, and the other items will also be allocated at any time the Gross Asset Values of the Partnership’s assets are adjusted pursuant to paragraph (b) of the definition of “Gross Asset Value.

Appears in 2 contracts

Samples: Agreement (Westlake Chemical Partners LP), Agreement (Westlake Chemical Partners LP)

Allocation and Other Rules. (a) Profits, Losses, and any other items of income, gain, loss, loss or deduction will be allocated to the Partners pursuant to this Article 7 VII as of the last day of each Fiscal Year, provided that Profits, Losses, and the other items will also be allocated at any time the Gross Asset Values of the Partnership’s assets are adjusted pursuant to paragraph (b) of the definition of “Gross Asset Value.”

Appears in 1 contract

Samples: Limited Partnership Agreement (PES Logistics Partners LP)

Allocation and Other Rules. (ad) Profits, Losses, and any other items of income, gain, loss, or deduction will be allocated to the Partners Members pursuant to this Article 7 9 as of the last day of each Fiscal Year, ; provided that Profits, Losses, and the other items will also be allocated at any time the Gross Asset Values of the PartnershipCompany’s assets are adjusted pursuant to paragraph subparagraph (b) of the definition of “Gross Asset Value” in Section 1.1.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Rice Energy Inc.)

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Allocation and Other Rules. (a) Profits, Losses, and any other items of income, gain, loss, or deduction will be allocated to the Partners Members pursuant to this Article 7 9 as of the last day of each Fiscal Year, ; provided that Profits, Losses, and the other items will also be allocated at any time the Gross Asset Values of the PartnershipCompany’s assets are adjusted pursuant to paragraph subparagraph (b) of the definition of “Gross Asset Value” in Section 1.1.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Rice Energy Inc.)

Allocation and Other Rules. (a) Profits, Losses, and any other items of income, gain, loss, or deduction will be allocated to the Partners pursuant to this Article 7 as of the last day of each Fiscal Year, provided that Profits, Losses, and the other items will also be allocated at any time the Gross Asset Values of the Partnership’s 's assets are adjusted pursuant to paragraph (b) of the definition of "Gross Asset Value."

Appears in 1 contract

Samples: CPG OpCo LP

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