Allocation of Net Profits and Net Losses to Capital Accounts. Except as otherwise provided in Exhibit A hereto, Net Profits and Net Losses (and items thereof) for a Fiscal Year or other period shall be allocated among the Partners for Capital Account purposes in proportion to their respective Partnership Percentages.
Appears in 8 contracts
Samples: Limited Partnership Agreement (Safeway Stores 42, Inc.), Limited Partnership Agreement (Safeway Stores 42, Inc.), Limited Partnership Agreement (Safeway Stores 42, Inc.)
Allocation of Net Profits and Net Losses to Capital Accounts. Except as otherwise provided in Exhibit A hereto, Net Profits and Net Losses (and items thereof) for a Fiscal Year or other period shall be allocated among the Partners for Capital Account purposes and, subject to Section 5.2 hereof, for tax purposes, in proportion to their respective Partnership Sharing Percentages.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Sanford Recycling & Transfer, Inc.), Sanford Recycling & Transfer, Inc.
