Common use of Asset and Liability Statement Clause in Contracts

Asset and Liability Statement. Within a reasonable time following the completion of the winding-up and liquidation of the Partnership's business, the Partnership Governance Committee shall supply to each of the Partners a statement (which may be unaudited) which shall set forth the assets and the liabilities of the Partnership as of the date of complete liquidation, and each Partner's pro rata portion of distributions pursuant to Section 12.2.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Lyondell Petrochemical Co), Limited Partnership Agreement (Lyondell Chemical Co), Limited Partnership Agreement (Equistar Chemicals Lp)

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Asset and Liability Statement. Within a reasonable time following the completion of the winding-up and liquidation of the Partnership's ’s business, the Partnership Governance Committee shall supply to each of the Partners a statement (which may be unaudited) which shall set forth the assets and the liabilities of the Partnership as of the date of complete liquidation, and each Partner's ’s pro rata portion of distributions pursuant to Section 12.2.

Appears in 5 contracts

Samples: Limited Partnership Agreement (LyondellBasell F&F Holdco, LLC), Limited Partnership Agreement (Millennium Chemicals Inc), Limited Partnership Agreement (Equistar Chemicals Lp)

Asset and Liability Statement. Within a reasonable time following the ----------------------------- completion of the winding-up and liquidation of the Partnership's business, the Partnership Governance Committee shall supply to each of the Partners a statement (which may be unaudited) which shall set forth the assets and the liabilities of the Partnership as of the date of complete liquidation, and each Partner's pro rata portion of distributions pursuant to Section 12.2.. ------------

Appears in 3 contracts

Samples: Limited Partnership Agreement (Lyondell Chemical Co), Limited Partnership Agreement (Equistar Chemicals Lp), Limited Partnership Agreement (Equistar Funding Corp)

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Asset and Liability Statement. Within a reasonable time following the completion of the winding-up and liquidation of the Partnership's business, the Partnership Governance Committee shall supply to each of the Partners a statement (which may be unaudited) which shall set forth the assets and the liabilities of the Partnership as of the date of complete liquidation, and each Partner's pro rata portion of distributions pursuant to Section 12.2.. -42- 48 SECTION 13 MISCELLANEOUS

Appears in 1 contract

Samples: Limited Partnership Agreement (Occidental Petroleum Corp /De/)

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