Common use of Allocations of Net Profit and Net Loss Clause in Contracts

Allocations of Net Profit and Net Loss. (a) Allocations of Net Profit and Net Loss. Except as provided in Section 4.2(b), Net Profit and Net Loss for each Fiscal Year (or portion thereof) shall be allocated between the Partners in proportion to their Percentage Interests.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Falcon Funding Corp), Partnership Agreement (Adelphia Communications Corp), Limited Partnership Agreement (Insight Communications Co Inc)

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Allocations of Net Profit and Net Loss. (a) Allocations of Net Profit and Net Loss. Except as provided in Section 4.2(b), Net Profit and Net Loss for each Fiscal Year (or portion thereof) shall be allocated between the Partners Members in proportion to their Percentage Interests.

Appears in 2 contracts

Samples: Operating Agreement (Insight Communications Co Inc), Operating Agreement (Insight Communications Co Inc)

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