Common use of Allocation of Net Losses Clause in Contracts

Allocation of Net Losses. Subject to the provisions of Section 4.10, Net Losses for each Fiscal Year shall be allocated 1% to the General Partner and 99% to the Limited Partners.

Appears in 2 contracts

Samples: Fairfield Inn by Marriott LTD Partnership, Fairfield Inn by Marriott LTD Partnership

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Allocation of Net Losses. Subject to the provisions of Section 4.10Sections 3.05F(iv) and 4.11, Net Losses for each Fiscal Year shall be allocated 175% to the General Partner and 9925% to the Limited Partners.

Appears in 1 contract

Samples: Marriott Hotel Properties Ii Limited Partnership

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Allocation of Net Losses. Subject to the provisions of Section 4.10, Net Losses for each Fiscal Year shall be allocated 175% to the General Partner and 9925% to the Limited Partners.

Appears in 1 contract

Samples: Marriott Diversified American Hotels L P

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