Common use of Allocations for Capital Account Purposes Clause in Contracts

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 109 contracts

Samples: Limited Partnership Agreement (Global Partners Lp), Agreement of Limited Partnership (Tc Pipelines Lp), Agreement of Limited Partnership (Martin Midstream Partners L.P.)

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Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 105 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (USD Partners LP), Contribution, Conveyance and Assumption Agreement (USD Partners LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 53 contracts

Samples: Limited Partnership Agreement (Pacific Energy Partners Lp), Limited Partnership Agreement (Plains All American Pipeline Lp), Agreement of Limited Partnership (Plains All American Pipeline Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit B hereof) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 47 contracts

Samples: Limited Partnership Agreement (Lepercq Corporate Income Fund L P), Limited Partnership Agreement (Lexington Realty Trust), Merger Agreement (Lexington Realty Trust)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit B) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 38 contracts

Samples: Agreement of Limited Partnership (FrontView REIT, Inc.), Agreement of Limited Partnership (FrontView REIT, Inc.), Limited Partnership Agreement (Freehold Properties, Inc.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.2(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 34 contracts

Samples: Agreement of Limited Partnership, Limited Partnership Agreement, Limited Partnership Agreement (Och-Ziff Capital Management Group LLC)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.3(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 19 contracts

Samples: Limited Partnership Agreement (Crestwood Equity Partners LP), Limited Partnership Agreement (Spectra Energy Partners, LP), Equity Restructuring Agreement (Spectra Energy Partners, LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowherein.

Appears in 16 contracts

Samples: Agreement of Limited Partnership (MPLX Lp), Agreement of Limited Partnership (MPLX Lp), Limited Partnership Agreement (MPLX Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit B hereof) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 16 contracts

Samples: Limited Partnership Agreement (JBG SMITH Properties), Limited Partnership Agreement, Limited Partnership Agreement (JBG SMITH Properties)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit B hereto) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 15 contracts

Samples: Limited Partnership Agreement (CBL & Associates Limited Partnership), Agreement of Limited Partnership (CBL & Associates Limited Partnership), Limited Partnership Agreement (Gramercy Property Trust)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit B hereto) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 14 contracts

Samples: Limited Partnership Agreement (Sl Green Realty Corp), Limited Partnership Agreement (Gramercy Capital Corp), Limited Partnership Agreement (Mendik Co Inc)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.4(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 12 contracts

Samples: Agreement of Limited Partnership (CSI Compressco LP), Limited Partnership Agreement, Limited Partnership Agreement

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners Members among themselves, the Partnership’s Company's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners Members in each taxable year (or portion thereof) as provided herein below.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Operating Agreement (U S Timberlands Klamath Falls LLC), Limited Liability Company Agreement (Copano Energy, L.L.C.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselvesAccounts, the PartnershipCompany’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.2(b)) shall be allocated among the Partners Members in each taxable year (or portion thereof) as provided herein below.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (SilverSun Technologies, Inc.), Limited Liability Company Agreement (SilverSun Technologies, Inc.), Limited Liability Company Agreement (Vine Energy Inc.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.3(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 9 contracts

Samples: Limited Partnership Agreement (Hi-Crush Partners LP), Limited Partnership Agreement (CVR Partners, Lp), Limited Partnership Agreement

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, Simulated Depletion, Simulated Gain and deduction Simulated Loss (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 8 contracts

Samples: Agreement of Limited Partnership (Harbinger Group Inc.), Limited Partnership Agreement (Harbinger Group Inc.), Limited Partnership Agreement (Exco Resources Inc)

Allocations for Capital Account Purposes. For Except as provided in Section 5.11, for purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 8 contracts

Samples: Agreement of Limited Partnership (Equitrans Midstream Corp), Limited Partnership Agreement (Phillips 66 Partners Lp), Partnership Interests Restructuring Agreement (Phillips 66)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowhereinbelow.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Ferrellgas Finance Corp), Limited Partnership Agreement (Ferrellgas Partners Finance Corp), Agreement of Limited Partnership (Star Gas Partners Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.6(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 6 contracts

Samples: Agreement of Limited Partnership (Enbridge Energy Management L L C), Limited Partnership Agreement (El Paso Energy Partners Lp), Limited Partnership Agreement (Enbridge Energy Partners Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowhereinbelow.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Ferrellgas Partners Finance Corp), Third Amended and Restated Agreement of Limited Partnership, Limited Partnership Agreement (Ferrellgas Partners Finance Corp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, amount realized and deduction Simulated Gain (computed in accordance with Section 5.5(b5.2(b)) shall be allocated among the Partners, and the Capital Accounts of the Partners shall be adjusted for Simulated Depletion and Simulated Loss, in each taxable year period (or portion thereof) as provided herein below.

Appears in 6 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement, Series B Preferred Unit Purchase Agreement (Breitburn Energy Partners LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.4(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Energy Transfer Operating, L.P.), Limited Partnership Agreement (NuStar Energy L.P.), Limited Partnership Agreement (Atlas Pipeline Holdings, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year period (or portion thereof) as provided herein below.

Appears in 6 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Western Midstream Partners, LP), Partnership Interests Exchange Agreement (Western Midstream Partners, LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, Simulated Depletion, Simulated Gain and deduction Simulated Loss (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 6 contracts

Samples: Agreement of Limited Partnership (BreitBurn Energy Partners L.P.), Limited Partnership Agreement (Encore Acquisition Co), Agreement of Limited Partnership (Pioneer Southwest Energy Partners L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.4(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Genesis Energy Lp), Limited Partnership Agreement (Genesis Energy Lp), Limited Partnership Agreement (Genesis Energy Lp)

Allocations for Capital Account Purposes. For Except as otherwise required pursuant to Sections 5.12(b)(i) and (iv), for purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) period as provided herein below.:

Appears in 5 contracts

Samples: Limited Partnership Agreement (Southcross Energy Partners, L.P.), Contribution Agreement (American Midstream Partners, LP), Limited Partnership Agreement (American Midstream Partners, LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, and deduction credit (computed in accordance with Section 5.5(b5.3(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 5 contracts

Samples: Limited Partnership Agreement (NextEra Energy Partners, LP), Limited Partnership Agreement (NextEra Energy Partners, LP), Limited Partnership Agreement (NextEra Energy Partners, LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit B hereof) shall be allocated among the Partners in each taxable year Partnership Year (or portion thereof) as provided herein belowin this Section 6.1.

Appears in 5 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Clipper Realty Inc.), Limited Partnership Agreement (Forest City Enterprises Inc)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, Simulated Depletion, Simulated Gain and deduction Simulated Loss (computed in accordance with Section 5.5(b5.3(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Sanchez Midstream Partners LP), Limited Partnership Agreement (Sanchez Production Partners LP), Limited Partnership Agreement (Sanchez Production Partners LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.3(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowhereinbelow.

Appears in 4 contracts

Samples: Annual Report, Limited Partnership Agreement (Teppco Partners Lp), Limited Partnership Agreement (Teppco Partners Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b6.2)) shall , shall, except as provided in Section 6.5, be allocated among the Partners (and determined separately for each class of Partnership Interest held by each Partner) in each taxable year Fiscal Year (or portion thereof) as provided herein in this Section 6.1 below.

Appears in 4 contracts

Samples: Agreement of Limited Partnership (InfraREIT, Inc.), Limited Partnership Agreement (InfraREIT, Inc.), Limited Partnership Agreement (InfraREIT, Inc.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below. For purposes of making allocations under this Section 6.1, a Person shall be considered as the holder solely of the class of Partnership Interests to which such allocation relates.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Enterprise Products Partners L.P.), Agreement of Limited Partnership (NuStar Energy L.P.), Merger Agreement (NuStar Energy L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowherein, including, but not limited to, the limitations provided in Section 6.1(e).

Appears in 4 contracts

Samples: Limited Partnership Agreement (MPLX Lp), Limited Partnership Agreement (MPLX Lp), Purchase Agreement (MPLX Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) period as provided herein below.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Westmoreland Resource Partners, LP), Contribution Agreement (WESTMORELAND COAL Co), Limited Partnership Agreement

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit B hereof) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowhereinbelow.

Appears in 3 contracts

Samples: Agreement of Limited Partnership (Fac Realty Trust Inc), Limited Partnership Agreement (Boddie Noell Properties Inc), Limited Partnership Agreement (Fac Realty Inc)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.2(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Agreement of Limited Partnership (Och Daniel), Agreement of Limited Partnership (Och Daniel), Limited Partnership Agreement (Och Daniel)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.4(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below. For purposes of making allocations under this Section 6.1, a Person shall be considered as the holder solely of the class of Partnership Interests to which such allocation relates.

Appears in 3 contracts

Samples: Limited Partnership Agreement (NuStar Energy L.P.), Limited Partnership Agreement (NuStar Energy L.P.), Limited Partnership Agreement (NuStar Energy L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, Simulated Depletion, Simulated Gain and deduction Simulated Loss (computed in accordance with Section 5.5(b5.4(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Partnership Agreement (Atlas Growth Partners, L.P.), Limited Partnership Agreement (Atlas Resource Partners, L.P.), Limited Partnership Agreement (Atlas Energy, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.6(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Energy Transfer LP), Limited Partnership Agreement, Limited Partnership Agreement (Energy Transfer Equity, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction and deduction Simulated Gain (computed in accordance with Section 5.5(b5.4(b)) for each taxable period shall be allocated among the Partners, and the Capital Accounts of the Partners in each taxable year (or portion thereof) shall be adjusted for Simulated Depletion and Simulated Loss, as provided herein below.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Mach Natural Resources Lp), Agreement of Limited Partnership (Mach Natural Resources Lp), Agreement of Limited Partnership (TXO Energy Partners, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, Simulated Depletion, Simulated Gain and deduction Simulated Loss (computed in accordance with Section 5.5(b§ 5.01(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Partnership Agreement (Atlas Growth Partners, L.P.), Partnership Agreement (Atlas Growth Partners, L.P.), Partnership Agreement (Atlas Growth Partners, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)5.5) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Sprague Resources LP), Limited Partnership Agreement (Sprague Resources LP), Limited Partnership Agreement (Sprague Resources LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.6(b)) shall be allocated among the Partners (other than holders of Series 1 Preferred Units, Class D Units, Class E Units or Incentive Distribution Units) in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Limited Partnership Agreement, Agreement of Limited Partnership (Enbridge Energy Partners Lp), Contribution Agreement (Enbridge Energy Partners Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b3.4(b)) shall be allocated among the Partners in each taxable year (or portion thereofthereof (an “Allocation Period”) as provided herein below.

Appears in 3 contracts

Samples: General Partnership Agreement, General Partnership Agreement (DCP Midstream Partners, LP), General Partnership Agreement (DCP Midstream Partners, LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section Sections 5.5(b) and (d)) shall be allocated (subject to Section 12.4) among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Agreement of Limited Partnership (Blueknight Energy Partners, L.P.), Global Transaction Agreement (Blueknight Energy Partners, L.P.), Agreement of Limited Partnership (Blueknight Energy Partners, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.6(b)) shall be allocated among the Partners in each taxable year (or portion thereof) Fiscal Year as provided herein below.follows:

Appears in 3 contracts

Samples: Limited Partnership Agreement (Ensource Energy Income Fund LP), Limited Partnership Agreement (Ensource Energy Income Fund LP), Limited Partnership Agreement (Ensource Energy Income Fund LP)

Allocations for Capital Account Purposes. For Except as otherwise required pursuant to Sections 5.14(b)(v) and 5.15(b)(ii), for purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: First Amended and Restated Agreement of Limited Partnership (Sunoco LP), Series a Preferred Unit Purchase Agreement (Energy Transfer Equity, L.P.), Series a Preferred Unit Purchase Agreement (Sunoco LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, Simulated Gain, Simulated Loss and deduction Simulated Depletion (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below. For purposes of making allocations under this Section 6.1, a Person shall be considered as the holder solely of the class of Partnership Interests to which such allocation relates.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Legacy Reserves Lp), Limited Partnership Agreement (Legacy Reserves Lp), Limited Partnership Agreement (Legacy Reserves Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(bExhibit B hereof)) ; shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Colonial Realty Limited Partnership), Agreement of Limited Partnership (Colonial Properties Trust), Agreement of Limited Partnership (Colonial Properties Trust)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction and deduction credit (computed in accordance with Section 5.5(b5.4(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Limited Partnership Agreement (CVR Refining, LP), Limited Partnership Agreement (CVR Refining, LP), Limited Partnership Agreement (CVR Energy Inc)

Allocations for Capital Account Purposes. For Subject to the terms of any Supplemental Terms Annex, for purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.4(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Noble Midstream Partners LP), Limited Partnership Agreement (Noble Midstream Partners LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Felcor Lodging L P), Limited Partnership Agreement (Felcor Lodging Trust Inc)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.6(b)) shall be allocated among the Partners (other than holders of Series 1 Preferred Units) in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Enbridge Energy Partners Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.4(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (ONEOK Partners LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit B) shall be --------- allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Host Marriott L P), Agreement of Limited Partnership (Host Marriott Trust)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)4.2 hereof) shall be allocated among the Partners in for each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Hub Group Inc), Partnership Agreement (Hub Group Inc)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.05(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (CNX Midstream Partners LP), Exchange Agreement (CNX Resources Corp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.6(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Contribution Agreement (Resource America Inc), Contribution Agreement (Atlas Pipeline Partners Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.4(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowhereinbelow.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Enterprise Products Partners L P), Agreement of Limited Partnership (Enterprise Products Partners L P)

Allocations for Capital Account Purposes. For Except as otherwise required pursuant to Section 5.12(b)(i) and (iv) and Section 5.14(b)(i) and (iv), for purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) period as provided herein below.:

Appears in 2 contracts

Samples: Limited Partnership Agreement (American Midstream Partners, LP), Limited Partnership Agreement (American Midstream Partners, LP)

Allocations for Capital Account Purposes. For Except as otherwise provided in Section 5.12(b)(iv), for purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cheniere Energy Partners, L.P.), Limited Partnership Agreement

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Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselvesAccounts, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(bB1.2(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (American Energy Capital Partners - Energy Recovery Program, Lp), Agreement of Limited Partnership (American Energy Capital Partners, LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.3(b)) shall be allocated (subject to Section 6.1(e)) among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Merger Agreement (Energy Transfer Equity, L.P.), Merger Agreement (Southern Union Co)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, amount realized and deduction Simulated Gain (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners, and the Capital Accounts of the Partners in each taxable year (or portion thereof) shall be adjusted for Simulated Depletion and Simulated Loss, as provided herein below.

Appears in 2 contracts

Samples: First Amended and Restated Agreement of Limited Partnership, First Amended and Restated Agreement of Limited Partnership (New Source Energy Partners L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.. For purposes of making allocations under this Section 6.1, a Person shall be considered as the holder solely of the class of Partnership Interests to which such allocation relates.‌

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement of Limited Partnership, Limited Partnership Agreement (Dorchester Minerals Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)4.5.2) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Kaneb Pipe Line Partners L P), Limited Partnership Agreement (Kaneb Pipe Line Partners L P)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.6(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Terra Nitrogen Co L P /De), Limited Partnership Agreement (Enbridge Energy Partners Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit A hereof) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Lexington Realty Trust), Merger Agreement (Newkirk Master Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.2(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Kinder Morgan Energy Partners L P)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.8(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowhereinbelow.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Star Gas Partners Lp), Limited Partnership Agreement (Star Gas Partners Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section ‎Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Exchange Agreement (Delek US Holdings, Inc.), Exchange Agreement (Delek Logistics Partners, LP)

Allocations for Capital Account Purposes. Other than the Taxable Year of Liquidation. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)4.4 hereof) shall be allocated among the Partners in for each taxable year (or portion thereof) as provided herein below.:

Appears in 2 contracts

Samples: Limited Partnership Agreement (Baron Capital Trust), Limited Partnership Agreement (Baron Capital Trust)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year period (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Tc Pipelines Lp), Limited Partnership Agreement (Tc Pipelines Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) period as provided herein below. For the avoidance of doubt, cumulative allocations pursuant to Sections referenced in this Section 6.1 shall include amounts previously allocated under predecessor provisions thereto.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Boardwalk Pipeline Partners, LP), Class B Unit Purchase Agreement (Boardwalk Pipeline Partners, LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowherein.

Appears in 2 contracts

Samples: Partnership Agreement (MPLX Lp), Third Amended and Restated Agreement of Limited Partnership

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, Simulated Depletion, Simulated Gain and deduction Simulated Loss (computed in accordance with Section 5.5(b5.4(b)) shall be allocated among the Partners in each taxable year (or portion thereof) period as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Central Energy Partners Lp), Limited Partnership Agreement (Central Energy Partners Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.1(b)) shall be allocated among the Partners in each taxable year Tax Year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Energy Transfer Partners, L.P.), Limited Partnership Agreement (Energy Transfer Equity, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, amount realized and deduction Simulated Gain (computed in accordance with Section 5.5(b5.6(b)) for each taxable period shall be allocated among the Partners, and the Capital Accounts of the Partners in each taxable year (or portion thereof) shall be adjusted for Simulated Depletion and Simulated Loss, as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Kimbell Royalty Partners, LP), Limited Partnership Agreement

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein belowhereinbelow.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Athlon Energy Inc.), Limited Partnership Agreement (Athlon Energy Inc.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.3(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement and Plan of Redemption and Merger (Markwest Energy Partners L P), Agreement and Plan of Redemption and Merger (Markwest Hydrocarbon Inc)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit A hereof) shall be --------- allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Cavanaughs Hospitality Corp), Agreement of Limited Partnership (Cavanaughs Hospitality Corp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in of determining the rights of the Partners among themselves, the Partnership’s items except as otherwise provided in this Agreement, each item of income, gain, loss and deduction (including Nonrecourse Deductions) computed in accordance with Section 5.5(b)) 4.4 shall be allocated among allocated, subject to Section 5.3, to the Partners in each taxable year (or portion thereof) as provided herein below.follows:

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Merry Maids Limited Partnership), Agreement of Limited Partnership (ServiceMaster Consumer Services Limited Partnership)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b5.6(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Energy Transfer LP), Limited Partnership Agreement (Energy Transfer LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section Sections 5.5(b) and (d)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Blueknight Energy Partners, L.P.), Limited Partnership Agreement (SemGroup Energy Partners, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, Simulated Gain, Simulated Loss and deduction Simulated Depletion (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Legacy Reserves Lp), Agreement of Limited Partnership (Legacy Reserves Lp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b‎5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Genesis Energy Lp)

Allocations for Capital Account Purposes. For Except as otherwise provided in Section 5.12(b)(iv), for purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Cheniere Energy Partners, L.P.), Unit Purchase Agreement (Cheniere Energy Partners, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction and deduction Simulated Gain (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners, and the Capital Accounts of the Partners in each taxable year (or portion thereof) shall be adjusted for Simulated Depletion and Simulated Loss, as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (New Source Energy Partners L.P.), Limited Partnership Agreement

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)4.6(b) hereof) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Plum Creek Timber Co L P), Limited Partnership Agreement (Plum Creek Timber Co L P)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.6(b)) shall be allocated among the Partners (other than holders of Series 1 Preferred Units, Class D Units or Incentive Distribution Units) in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Enbridge Energy Partners Lp), Limited Partnership Agreement

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)4.4 hereof) shall be allocated among the Partners in for each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Partnership Agreement (United Dominion Realty Trust Inc), Limited Partnership Agreement (Security Capital Atlantic Inc)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below. Allocations made to Unitholders shall be made solely with respect to the Units held by such Unitholders.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Royal Energy Resources, Inc.), Limited Partnership Agreement (Rhino Resource Partners LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of Partnership income, gain, loss loss, deduction, amount realized and deduction basis (computed in accordance with Section 5.5(b5.1(b)) shall be allocated among the Partners in each taxable year (or portion thereof) Taxable Period as provided herein belowin clauses (a) through (d) of this Section 5.2.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Bj Services Co), Limited Partnership Agreement (Bj Services Co)

Allocations for Capital Account Purposes. For purposes of ---------------------------------------- maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) shall be allocated among the --------------- Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Partnership Agreement (Penn Octane Corp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)Exhibit B) shall be allocated among the Partners in each taxable year (or portion thereof) ), as provided herein below.

Appears in 1 contract

Samples: Limited Partnership Agreement (Four Corners Property Trust, Inc.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction, Simulated Depletion, Simulated Gain and deduction Simulated Loss (computed in accordance with Section 5.5(b) and Section 5.5(d)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Quest Energy Partners, L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s items of income, gain, loss loss, deduction simulated Depletion, Simulated Gain and deduction Simulated Loss (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Partnership Agreement (New Source Energy Partners L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Partners among themselves, the Partnership’s 's items of income, gain, loss and deduction (computed in accordance with Section 5.5(b4.4(b)) shall be allocated among the Partners in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Partnership Agreement (ONEOK Partners LP)

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