Loss Allocation Limitation. No allocation of Net Loss (or items thereof) shall be made to any Partner to the extent that such allocation would create or increase an Adjusted Capital Account deficit with respect to such Partner. Any amount of Net Loss (or items thereof) that cannot be allocated to a Partner pursuant to this Section 6.1(b)(ix) generally will be allocated among the other Partners in accordance with Section 6.1.
Appears in 5 contracts
Samples: NextEra Energy Partners, LP, NextEra Energy Partners, LP, NextEra Energy Partners, LP
Loss Allocation Limitation. No allocation of Net Loss (or items thereof) shall be made to any Partner to the extent that such allocation would create or increase an Adjusted Capital Account deficit Deficit with respect to such Partner. Any amount of Net Loss (or items thereof) that cannot be allocated to a Partner pursuant to this Section 6.1(b)(ix) generally will be allocated among the other Partners in accordance with Section 6.1.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Kiewit Investment Fund LLLP), Limited Partnership Agreement (Kiewit Investment Fund LLLP), Limited Partnership Agreement (Kiewit Investment Fund L.P.)
Loss Allocation Limitation. No allocation of Net Loss loss or deduction (or items thereof) shall be made to any Partner to the extent that such allocation would create or increase an Adjusted Capital Account adjusted capital account deficit with respect to such Partner. Any amount of Net Loss (or items thereof) that cannot be allocated to a Partner pursuant to this Section 6.1(b)(ix) generally will be allocated among the other Partners in accordance with Section 6.1.
Appears in 2 contracts
