Hypothetical Liquidation. The items of income, expense, gain and loss of the Partnership comprising Profit or Loss for a Fiscal Year shall be allocated among the Persons who were Partners during such Fiscal Year in a manner that will, as nearly as possible, cause the Capital Account balance of each Partner at the end of such Fiscal Year to equal the excess (which may be negative) of:
Appears in 4 contracts
Samples: Limited Partnership Agreement (Bumble Bee Capital Corp.), Limited Partnership Agreement (Bumble Bee Capital Corp.), Limited Partnership Agreement (Bumble Bee Capital Corp.)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Partnership comprising Profit Net Income or Net Loss for a Fiscal Year shall be allocated among the Persons who were Partners during such Fiscal Year in a manner that will, as nearly as possible, cause the Capital Account balance of each Partner at the end of such Fiscal Year to equal the excess difference (which may be negative) ofbetween:
Appears in 3 contracts
Samples: Asset Management Agreement (CatchMark Timber Trust, Inc.), Asset Management Agreement (CatchMark Timber Trust, Inc.), Asset Management Agreement (CatchMark Timber Trust, Inc.)
Hypothetical Liquidation. The items of income, expense, gain and loss of the Partnership comprising Profit Profits or Loss Losses for a Fiscal Year an Allocation Period shall be allocated among the Persons who were Partners during such Fiscal Year Allocation Period in a manner that willshall, as nearly as possible, cause the Capital Account balance of each Partner at the end of such Fiscal Year to equal the excess (which may be negative) of:
Appears in 3 contracts
Samples: Agreement (Southcross Energy LLC), EIG BBTS Holdings, LLC, TW Southcross Aggregator LP
