Allocations of Net Profit and Net Loss. (a) Allocations of Net Profit and Net Loss. Except as provided in Section 4.2(b), Net Profit and Net Loss for each Fiscal Year (or portion thereof) shall be allocated between the Partners in proportion to their Percentage Interests.
Appears in 4 contracts
Sources: Limited Partnership Agreement (Insight Communications Co Inc), Limited Partnership Agreement (Falcon Funding Corp), Partnership Agreement (Adelphia Communications Corp)
Allocations of Net Profit and Net Loss. (a) Allocations of Net Profit and Net Loss. Except as provided in Section 4.2(b), Net Profit and Net Loss for each Fiscal Year (or portion thereof) shall be allocated between the Partners Members in proportion to their Percentage Interests.
Appears in 2 contracts
Sources: Operating Agreement (Insight Communications Co Inc), Operating Agreement (Insight Communications Co Inc)