Common use of Section 754 Election Allocations Clause in Contracts

Section 754 Election Allocations. Income and deductions of the Partnership that are attributable to the Section 754 election shall be allocated to the Partners entitled thereto.

Appears in 11 contracts

Samples: Limited Partnership Agreement (LyondellBasell F&F Holdco, LLC), Limited Partnership Agreement (Millennium Chemicals Inc), Limited Partnership Agreement (Millennium Chemicals Inc)

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Section 754 Election Allocations. Income and deductions of the -------------------------------- Partnership that are attributable to the Section 754 election shall be allocated to the Partners entitled thereto.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Equistar Chemicals Lp), Limited Partnership Agreement (Equistar Funding Corp), Limited Partnership Agreement (Lyondell Chemical Co)

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Section 754 Election Allocations. Income and deductions of the Partnership that are attributable to the Section election under section 754 election of the Code shall be allocated to the Partners entitled thereto.

Appears in 1 contract

Samples: Limited Partnership Agreement (Geon Co)

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