Common use of Curative Allocation Clause in Contracts

Curative Allocation. The special allocations set forth in subsections 4.2(b)(i), (ii) and (iv)-(vii) (the “Regulatory Allocations”) are intended to comply with the Allocation Regulations. Notwithstanding any other provisions of this Section 4.2, the Regulatory Allocations shall be taken into account in allocating items of income, gain, loss and deduction among the Partners such that, to the extent possible, the net amount of allocations of such items and the Regulatory Allocations to each Partner shall be equal to the net amount that would have been allocated to each Partner if the Regulatory Allocations had not occurred.

Appears in 6 contracts

Samples: Agreement of Limited Partnership (Crestwood Midstream Partners LP), Agreement and Plan of Merger (Crestwood Midstream Partners LP), Agreement and Plan of Merger

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Curative Allocation. The special allocations set forth in subsections 4.2(b)(i), (ii) and (iv)-(viiSections 5.2(c)(i)-(vii) (the “Regulatory Allocations”) are intended to comply with the Allocation Regulations. Notwithstanding any other provisions of this Section 4.25.2, the Regulatory Allocations shall be taken into account in allocating items of income, gain, loss and deduction among the Partners such that, to the extent possible, the net amount of allocations of such items and the Regulatory Allocations to each Partner shall be equal to the net amount that would have been allocated to each Partner if the Regulatory Allocations had not occurred.

Appears in 6 contracts

Samples: General Partnership Agreement (El Paso Pipeline Partners, L.P.), General Partnership Agreement (El Paso Pipeline Partners, L.P.), General Partnership Agreement (El Paso Pipeline Partners, L.P.)

Curative Allocation. The special allocations set forth in subsections 4.2(b)(iSection 5.1(b)(i), (ii) and (iv)-(viiiii) (the “Regulatory Allocations”) are intended to comply with the Allocation Regulations. Notwithstanding any other provisions of this Section 4.25.1, the Regulatory Allocations shall be taken into account in allocating items of income, gain, loss and deduction among the Partners such that, to the extent possible, the net amount of allocations of such items and the Regulatory Allocations to each Partner shall be equal to the net amount that would have been allocated to each Partner if the Regulatory Allocations had not occurred.

Appears in 2 contracts

Samples: Agreement (Capmark Finance Inc.), MBOW Four Star, L.L.C.

Curative Allocation. The special allocations set forth in subsections 4.2(b)(iSection 5.1(b)(i), (ii) and (iv)-(viiiii) (the "Regulatory Allocations") are intended to comply with the Allocation Regulations. Notwithstanding any other provisions of this Section 4.25.1, the Regulatory Allocations shall be taken into account in allocating items of income, gain, loss and deduction among the Partners such that, to the extent possible, the net amount of allocations of such items and the Regulatory Allocations to each Partner shall be equal to the net amount that would have been allocated to each Partner if the Regulatory Allocations had not occurred.

Appears in 2 contracts

Samples: East Coast Power LLC, East Coast Power LLC

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Curative Allocation. The special allocations set forth in subsections 4.2(b)(i5.01(b)(i), (ii) and (iv)-(vii) (the “Regulatory Allocations”) are intended to comply with the Allocation Regulations. Notwithstanding any other provisions of this Section 4.25.01, the Regulatory Allocations shall be taken into account in allocating items of income, gain, loss and deduction among the Partners such that, to the extent possible, the net amount of allocations of such items and the Regulatory Allocations to each Partner shall be equal to the net amount that would have been allocated to each Partner if the Regulatory Allocations had not occurred.

Appears in 2 contracts

Samples: Duncan Energy Partners L.P., Duncan Energy Partners L.P.

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