Common use of Profits and Losses Distributions Clause in Contracts

Profits and Losses Distributions. 7.1 Except as otherwise provided in Exhibit A relating to allocations for United States income tax purposes, profits and losses (and all items of income, gain, loss and deduction) shall be allocated among the Partners in accordance with their Percentage Interests. 7.2 The Limited Partner(s) will not be obliged to make any additional contributions to the C.V. for any reason.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Frank's International N.V.), Limited Partnership Agreement (Frank's International N.V.), Limited Partnership Agreement (Frank's International N.V.)

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Profits and Losses Distributions. 7.1 Except as otherwise provided in Exhibit A relating to allocations for United States income tax purposes, profits and losses (and all items of income, gain, loss and deduction) shall be allocated among the Partners in accordance with their Percentage Interests. 7.2 The Limited Partner(s) will not be obliged to make any additional contributions to the C.V. to the C.V. for any reason.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Frank's International N.V.), Amendment to Limited Partnership Agreement (Frank's International N.V.)

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Profits and Losses Distributions. 7.1 Except as otherwise provided in Exhibit A relating to allocations for United States income tax purposes, profits and losses (and all items of income, gain, loss and deduction) shall be allocated among the Partners partners in accordance with their Percentage Interests. 7.2 The Limited Partner(s) will not be obliged to make any additional contributions to the C.V. to the C.V. for any reason.

Appears in 1 contract

Samples: Amendment No. 4 to the Limited Partnership Agreement (Frank's International N.V.)

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