Common use of Distribution of Liquidation Proceeds and Assets and Allocation of Gains and Losses Clause in Contracts

Distribution of Liquidation Proceeds and Assets and Allocation of Gains and Losses. The net proceeds from liquidation of the Partnership's assets and the unliquidated Property of the Partnership shall be distributed, and all Profits and Losses resulting from the liquidation of the Partnership shall be allocated, among the Partners in the proportions and orders of priority specified in section 14(c).

Appears in 7 contracts

Samples: General Partnership Interests Assignment Agreement (Paxson Communications Corp), Assignment Agreement (Paxson Communications Corp), General Partnership Interests Assignment Agreement (Paxson Communications Corp)

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Distribution of Liquidation Proceeds and Assets and Allocation of Gains and Losses. The Subject to the last sentence of 12(d), the net proceeds from liquidation of the Partnership's assets and the unliquidated Property of the Partnership shall be distributed, and all Profits and Losses resulting from the liquidation of the Partnership shall be allocated, among the Partners in the proportions and orders of priority specified in section 14(c16(c).

Appears in 4 contracts

Samples: Limited Partnership Agreement (McGillicuddy Dennis J), Investments Limited Partnership Agreement (Silverstein Investments Lp), Limited Partnership Agreement (Silverstein Barry)

Distribution of Liquidation Proceeds and Assets and Allocation of Gains and Losses. The net proceeds from liquidation of the Partnership's assets and the unliquidated Property of the Partnership shall be distributed, and all Profits and Losses resulting from the liquidation of the Partnership shall be allocated, among the Partners in the proportions and orders of priority specified in section 14(c).resulting

Appears in 1 contract

Samples: Limited Partnership Interests Assignment Agreement (Paxson Communications Corp)

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Distribution of Liquidation Proceeds and Assets and Allocation of Gains and Losses. The net proceeds from liquidation of the Partnership's assets and the unliquidated Property of the Partnership shall be distributed, and all Profits and Losses resulting from the liquidation of the Partnership shall be allocated, among the Partners in the proportions and orders of priority specified in section 14(c).be

Appears in 1 contract

Samples: Partnership Agreement (Crippen Roy E Iii)

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