Common use of Partnership Interest Clause in Contracts

Partnership Interest. The Partnership Interests of the Partners are as set forth on Schedule A. Partnership Interests will be varied only as specifically agreed by the parties pursuant to the Alliance Agreement, the Investment Agreement and this Partnership Agreement and will not be affected by allocations of Profits and Losses or other changes in Partners’ Capital Accounts. The Partnership Interests shall be updated by the agreement of the Partners to reflect any adjustment of Partnership Interests, set forth on a revised Schedule A and filed with the records of the Company.

Appears in 3 contracts

Samples: Partnership Agreement, Partnership Agreement (Verizon Wireless Capital LLC), Partnership Agreement (Verizon Wireless Capital LLC)

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Partnership Interest. The Partnership Interests of the Partners are as set forth on Schedule A. Partnership Interests will be varied only as specifically agreed by the parties pursuant to the Alliance Agreement, the Investment Agreement and this Partnership Agreement and will not be affected by allocations of Profits and Losses or other changes in Partners' Capital Accounts. The Partnership Interests shall be updated by the agreement of the Partners to reflect any adjustment of Partnership Interests, set forth on a revised Schedule A and filed with the records of the Company.

Appears in 1 contract

Samples: Partnership Agreement (Verizon Wireless Inc)

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Partnership Interest. The Partnership Interests of the -------------------- Partners are as set forth on Schedule A. Partnership Interests will be varied ---------- only as specifically agreed by the parties pursuant to the Alliance Agreement, the Investment Agreement and this Partnership Agreement and will not be affected by allocations of Profits and Losses or other changes in Partners' Capital Accounts. The Partnership Interests shall be updated by the agreement of the Partners to reflect any adjustment of Partnership Interests, set forth on a revised Schedule A and filed with the records of the Company.. ----------

Appears in 1 contract

Samples: Investment Agreement (Bell Atlantic Corp)

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