Net Profit From Operations. (a) If any Net Loss has been allocated to the Partners pursuant to Section 4.6.2 or Section 4.6.4, then Net Profit from Operations shall first be allocated to the Partners, in the same proportions as such Net Loss was allocated, until each Partner's Capital Account balance equals what it would have been had there been no such allocation of Net Loss.
Appears in 5 contracts
Samples: Agreement (Txi Transportation Co), Us Concrete Inc, Txi Transportation Co
Net Profit From Operations. (a) If any Net Loss has been allocated to the Partners pursuant to Section 4.6.2 or Section 4.6.4, then Net Profit from Operations shall first be allocated to the Partners, in the same proportions as such Net Loss was allocated, until each Partner's ’s Capital Account balance equals what it would have been had there been no such allocation of Net Loss.
Appears in 2 contracts
Samples: Agreement (American Materials Transport, Inc.), American Materials Transport, Inc.
