Common use of Product Sales Agreement Clause in Contracts

Product Sales Agreement. The Product Sales Agreement-Refined Products dated July 1, 1993 between the Company and CITGO Petroleum Corporation, as amended from time to time. Profits and/or Losses. For each Calendar Quarterly period or other period, an amount equal to the Partnership's taxable income or loss for such year or period, determined for federal income tax purposes in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss, deduction or credit required to be stated separately pursuant to Code Section 703(a)(1) shall be included in Profits or Losses), with the following adjustments:

Appears in 3 contracts

Samples: Limited Partnership Agreement (Lyondell Chemical Co), Credit Agreement (Lyondell Chemical Co), Citgo Petroleum Corp

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Product Sales Agreement. The Product Sales Agreement-Refined Products dated July 1, 1993 between the Company and CITGO Petroleum Corporation, as amended from time to time. Profits Profit and/or Losses. For each Calendar Quarterly period or other period, an amount equal to the Partnership's taxable income or loss for such year or period, determined for federal income tax purposes in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss, deduction or credit required to be stated separately pursuant to Code Section 703(a)(1) shall be included in Profits or Losses), with the following adjustments:

Appears in 1 contract

Samples: Revolving Credit Agreement (Lyondell Chemical Co)

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