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: Agreement (Equistar Chemicals Lp), Lease Agreement (Equistar Chemicals Lp), 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 (Lyondell Chemical Co), Lease Agreement (Equistar Funding Corp), Lease 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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