Related Clauses

Special Allocations
Other Allocations
Section 704(c) Allocations
Tax Allocations
Allocations
Capital Accounts Allocations
Account Allocations
Regulatory and Special Allocations
Collections and Allocations
Distributions and Allocations

Parent Clauses

Allocations
DEFINED TERMS
Allocation of Profit and Loss
Profits and Losses Distributions
Definitions
Allocations of Net Income and Net Loss
Miscellaneous
Restricted Distributions
Allocations and Distributions
General Provisions

Sub-Clauses

Net Income
Net Losses
In General
Loss Limitation
Allocations to Reflect Issuance of Additional Partnership Interests
Net Loss
Allocations to Reflect Issuance of Additional Partnership Units
Hypothetical Liquidation
Allocations of Net Income and Net Loss
Allocation of Net Income and Net Losses

General Allocations. 4.3.1. The items of income, gain, loss and expense of the Partnership comprising Net Income or Net Loss for a fiscal year shall be allocated as of the end of such fiscal year (and at such other times as it shall be necessary to allocate Net Income or Net Loss) among the Persons who were Partners during such fiscal year or other period in a manner that will, as nearly as possible, cause the Capital Account balance of each Partner at the end of such fiscal year or other period to equal the excess (which may be negative) of:

Appears in 8 contracts

Samples: Agreement (Brookfield Business Partners L.P.), Agreement (Brookfield Property Partners L.P.), Limited Partnership Agreement (Brookfield Business Partners L.P.)

General Allocations. ~~4.3.1.~~ 4.3.1 The items of income, gain, loss and expense of the Partnership comprising Net Income or Net Loss for a fiscal year shall be allocated as of the end of such fiscal year (and at such other times as it shall be necessary to allocate Net Income or Net Loss) among the Persons who were Partners during such fiscal year or other period in a manner that will, as nearly as possible, cause the Capital Account balance of each Partner at the end of such fiscal year or other period to equal the excess (which may be negative) of:

Appears in 5 contracts

Samples: Agreement (Brookfield Infrastructure Partners L.P.), Agreement (Brookfield Infrastructure Partners L.P.), Agreement (Brookfield Infrastructure Partners L.P.)

General Allocations. 4.3.1. The items of income, gain, loss and expense of the Partnership comprising Net Income or Net Loss for a fiscal year shall be allocated ~~as of the end of such fiscal year (and at such other times as it shall be necessary to allocate Net Income or Net Loss)~~ among the Persons who were Partners during such fiscal year ~~or other period~~ in a manner that will, as nearly as possible, cause the Capital Account balance of each Partner at the end of such fiscal year ~~or other period~~ to equal the excess (which may be negative) of:

Appears in 1 contract

Samples: Agreement (Brookfield Infrastructure Partners L.P.)

Common use of General Allocations Clause in Contracts