Gain or Loss in Liquidation. To the extent the Partners' Capital Account balances are not in the Proper Ratio, gain or loss on the sale or distribution of assets under Section 11.11. shall be allocated, to the maximum extent possible, so as to cause the Partners' Capital Account balances to be in the Proper Ratio.
Appears in 4 contracts
Samples: Credit Agreement (Lyondell Chemical Co), Limited Partnership Agreement (Citgo Petroleum Corp), Revolving Credit Agreement (Lyondell Chemical Co)
Gain or Loss in Liquidation. To the extent the Partners' β Capital Account balances are not in the Proper Ratio, gain or loss on the sale or distribution of assets under Section 11.117.1. shall be allocated, to the maximum extent possible, so as to cause the Partners' β Capital Account balances to be in the Proper Ratio.
Appears in 1 contract
Samples: Limited Partnership Agreement (Lyondell Houston Refinery Inc.)
