Common use of Allocation of Profits and Losses and Distributions Clause in Contracts

Allocation of Profits and Losses and Distributions. The Partnership’s profits and losses shall be allocated and all distributions made to the Partners of the Partnership based upon the percentage set forth across from each partner’s name below: General Partner: HD Supply GP & Management, Inc. f/k/a Xxxxx XX & Management, Inc. 1 % Limited Partner: HD Supply Holdings, LLC f/k/a Xxxxxx Holdings, LLC 99% The Limited Partnership may issue certificates evidencing each Partner’s ownership interest in the Limited Partnership. The total capital of the limited partnership shall be represented by 100 limited partnership units (“Units”). The Units represented on such certificates shall be proportionate to the relative percentages of profits and losses borne by the respective Partners.

Appears in 1 contract

Samples: HSI IP, Inc.

AutoNDA by SimpleDocs

Allocation of Profits and Losses and Distributions. The Partnership’s profits and losses shall be allocated and all distributions made to the Partners of the Partnership based upon the percentage set forth across from each partner’s name below: General Partner: HD Supply GP & Management, Inc. f/k/a Xxxxx Xxxxxx XX & Management, Inc. 1 % one percent (1%) Limited Partner: HD Supply Xxxxxx Building Materials Holdings, LLC f/k/a Xxxxxx Holdings, LLC Ninety-nine percent (99% %) The Limited Partnership may issue certificates evidencing each Partner’s ownership interest in the Limited Partnership. The total capital of the limited partnership shall be represented by 100 limited partnership units (“Units”). The Units represented on such certificates shall be proportionate to the relative percentages of profits and losses borne by the respective Partners.

Appears in 1 contract

Samples: Agreement of Limited (Hughes MRO, Ltd.)

Allocation of Profits and Losses and Distributions. The Partnership’s profits and losses shall be allocated and all distributions made to the Partners of the Partnership based upon the percentage set forth across from each partner’s name below: General Partner: HD Supply GP & Management, Inc. f/k/a Xxxxx Xxxxxx XX & Management, Inc. 1 % One percent (1%) Limited Partner: HD Supply Xxxxxx Water & Sewer Holdings, LLC f/k/a Xxxxxx Holdings, LLC Ninety-nine percent (99% %) The Limited Partnership may issue certificates evidencing each Partner’s ownership interest in the Limited Partnership. The total capital of the limited partnership shall be represented by 100 limited partnership units (“Units”). The Units represented on such certificates shall be proportionate to the relative percentages of profits and losses borne by the respective Partners.

Appears in 1 contract

Samples: Hughes MRO, Ltd.

Allocation of Profits and Losses and Distributions. The Partnership’s profits and losses shall be allocated and all distributions made to the Partners of the Partnership based upon the percentage set forth across from each partner’s name below: General Partner: HD Supply GP & Management, Inc. f/k/a Xxxxx Xxxxxx XX & Management, Inc. 1 % one percent (1%) Limited Partner: HD Supply Xxxxxx Plumbing Holdings, LLC f/k/a Xxxxxx Holdings, LLC Ninety-nine percent (99% %) The Limited Partnership may issue certificates evidencing each Partner’s ownership interest in the Limited Partnership. The total capital of the limited partnership shall be represented by 100 limited partnership units (“Units”). The Units represented on such certificates shall be proportionate to the relative percentages of profits and losses borne by the respective Partners.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Hughes MRO, Ltd.)

AutoNDA by SimpleDocs

Allocation of Profits and Losses and Distributions. The Partnership’s profits and losses shall be allocated and all distributions made to the Partners of the Partnership based upon the percentage set forth across from each partner’s name below: General Partner: HD Supply GP & Management, Inc. f/k/a Xxxxx XX & Management, Inc. 1 % Limited Partner: HD Supply Holdingsholdings, LLC f/k/a Xxxxxx Holdings, LLC 9999 % The Limited Partnership may issue certificates evidencing each Partner’s ownership interest in the Limited Partnership. The total capital of the limited partnership shall be represented by 100 limited partnership units (“Units”). The Units represented on such certificates shall be proportionate to the relative percentages of profits and losses borne by the respective Partners.

Appears in 1 contract

Samples: HSI IP, Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.