Common use of Book Allocations Clause in Contracts

Book Allocations. Sections 7.1(a) and (b) set forth the general rules for book allocations to the Members. Section 7.1(c) sets forth various special rules that supercede the general rules of Sections 7.1(a) and (b).

Appears in 2 contracts

Sources: Redemption Agreement (Energy Transfer Equity, L.P.), Purchase and Sale Agreement (Energy Transfer Partners, L.P.)

Book Allocations. Sections 7.1(a) and (b) set forth the general rules for book allocations to the Members, including allocations with respect to operations and liquidation of the Company. Section 7.1(c) sets forth various special rules that supercede the general rules of Sections 7.1(a) and (b).

Appears in 1 contract

Sources: Limited Liability Company Agreement (American Independence Corp)