Common use of Limit Clause in Contracts

Limit. The Losses allocated pursuant to this Section 4.3 ----- shall not exceed the maximum amount of Losses that can be so allocated without causing or increasing an Adjusted Capital Account Deficit of any Limited Partner at the end of any Fiscal Year. All Losses in excess of the limitations set forth in this Section 4.3.5 shall be allocated to the General Partners in proportion to their Common Sharing Percentages.

Appears in 1 contract

Samples: Petro Holdings Financial Corp

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Limit. The Losses allocated pursuant to this Section 4.3 ----- shall not exceed the maximum amount of Losses that can be so allocated without causing or increasing an Adjusted Capital Account Deficit of any Limited Partner at the end of any Fiscal Year. All Losses in excess of the limitations set forth in this Section 4.3.5 shall be allocated to the General Partners in proportion to their Common Sharing Percentages.

Appears in 1 contract

Samples: Limited Partnership Agreement (Petro, Inc.)

Limit. The Losses allocated pursuant to this Section 4.3 4.2 ----- shall not exceed the maximum amount of Losses that can be so allocated without causing or increasing an Adjusted Capital Account Deficit of any Limited Partner at the end of any Fiscal Year. All Losses in excess of the limitations set forth in this Section 4.3.5 4.2.6 shall be allocated to the General Partners in proportion to their Common Sharing Percentages.

Appears in 1 contract

Samples: Limited Partnership Agreement (Petro Stopping Centers L P)

Limit. The Losses allocated pursuant to this Section 4.3 ----- shall not exceed the maximum amount of Losses that can be so allocated without causing or increasing an Adjusted Capital Account Deficit of any Limited Partner at the end of any Fiscal Year. All Losses in excess of the limitations set forth in this Section 4.3.5 4.2.4 shall be allocated to the General Partners in proportion to their Common Sharing Percentages.

Appears in 1 contract

Samples: Limited Partnership Agreement (Petro Stopping Centers L P)

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Limit. The Losses allocated pursuant to this Section 4.3 shall ----- shall not exceed the maximum amount of Losses that can be so allocated without causing or increasing an Adjusted Capital Account Deficit of any Limited Partner at the end of any Fiscal Year. All Losses in excess of the limitations set forth in this Section 4.3.5 shall be allocated to the General Partners in proportion to their Common Sharing Percentages.

Appears in 1 contract

Samples: Petro Stopping Centers L P

Limit. The Losses allocated pursuant to this Section 4.3 ----- shall not exceed the maximum amount of Losses that can be so allocated without causing or increasing an Adjusted Capital Account Deficit of any Limited Partner at the end of any Fiscal Year. All Losses in excess of the limitations set forth in this Section 4.3.5 4.2.4 shall be allocated to the General Partners in proportion to their Common Sharing Percentages.

Appears in 1 contract

Samples: Limited Partnership Agreement (Petro, Inc.)

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