Common use of Net Termination Gains and Losses Clause in Contracts

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain and loss taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.2.

Appears in 5 contracts

Samples: Teppco Partners Lp, Teppco Partners Lp, Teppco Partners Lp

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Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.4 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.214.3.

Appears in 5 contracts

Samples: Agreement (Ferrellgas Partners Finance Corp), Agreement (Ferrellgas Partners Finance Corp), Agreement (Ferrellgas Partners Finance Corp)

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d5.l(d), all items of gain income gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.4 have been made with respect to the taxable period ending on the date of the Partnership's ’s liquidation pursuant to Section 13.214.4.

Appears in 4 contracts

Samples: Star Gas Partners Lp, Star Group Lp, Star Gas Finance Co

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income, gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss Loss; for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and 5.1(c) after all distributions of Available Cash provided under Section 5.3 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.213.3.

Appears in 3 contracts

Samples: Ferrellgas Partners Finance Corp, Ferrellgas Partners L P, Ferrellgas Finance Corp

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain and loss taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.4 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.214.3. References in this Section to the Minimum Quarterly Distribution and the Target Distributions are to such items as adjusted from time to time.

Appears in 3 contracts

Samples: Teppco Partners Lp, Teppco Partners Lp, Teppco Partners Lp

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income, gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss Loss; for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and 5.1(c) after all distributions of Available Cash provided under Section 5.3 have been made with respect to the taxable period ending on the date of the Partnership's ’s liquidation pursuant to Section 13.213.3.

Appears in 3 contracts

Samples: Partnership Agreement (Ferrellgas Finance Corp), Ferrellgas Partners Finance Corp, Ferrellgas L P

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income, gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.4 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.214.3.

Appears in 3 contracts

Samples: Kinder Morgan Energy Partners L P, Kinder Morgan Energy Partners L P, Kinder Morgan Management LLC

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.3 have been made with respect to the taxable period ending on the date of the PartnershipCompany's liquidation pursuant to Section 13.214.2.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Eott Energy Finance Corp), Limited Liability Company Agreement (Eott Energy LLC), Limited Liability Company Agreement (Eott Energy LLC)

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d)5.1.4, all items of gain and loss taken into account in computing Net Termination Sales Gain or Net Termination Sales Loss for such taxable period shall be allocated in the same manner as such Net Termination Sales Gain or Net Termination Sales Loss is allocated hereunder. All allocations under this Section 5.1(c) 5.1.3 shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Sections 5.4 and 5.5 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.2date.

Appears in 2 contracts

Samples: Kaneb Pipe Line Partners L P, Kaneb Pipe Line Partners L P

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain and loss taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.4 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.2Liquidation Date.

Appears in 2 contracts

Samples: Plum Creek Timber Co L P, Plum Creek Timber Co L P

Net Termination Gains and Losses. After giving effect to the allocations in Section 4.2 and the special allocations set forth in Section 5.1(d), all items of gain income, gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.3 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.213.3.

Appears in 2 contracts

Samples: Contribution Agreement (Eott Energy Canada Lp), Contribution Agreement (Eott Energy Canada Lp)

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.3 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.213.3.

Appears in 2 contracts

Samples: Administrative Services Agreement (Northern Border Partners Lp), ONEOK Partners LP

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.4 have been made with respect to the taxable period ending on the date of the Partnership's ’s liquidation pursuant to Section 13.214.3.

Appears in 2 contracts

Samples: Ferrellgas Finance Corp, Ferrellgas Partners Finance Corp

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain and loss taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.3 have been made with respect to the taxable period ending on the date of the Partnership's ’s liquidation pursuant to Section 13.213.3.

Appears in 1 contract

Samples: Terra Nitrogen Co L P /De

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Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income, gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.3 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.2Sections 13.3 and 13.4.

Appears in 1 contract

Samples: Star Gas Partners Lp

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d)5.1.4, all items of gain and loss taken into account in computing Net Termination Sales Gain or Net Termination Sales Loss for such taxable period shall be allocated in the same manner as such Net Termination Sales Gain or Net Termination Sales Loss is allocated hereunder. All allocations under this Section 5.1(c) 5.1.3 shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.2date.

Appears in 1 contract

Samples: Kaneb Pipe Line Operating Partnership Lp

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c5.1 (c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.4 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.214.3.

Appears in 1 contract

Samples: Northern Border Partners Lp

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income, gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.3 have been made with respect to the taxable period ending on the date of the Partnership's liquidation pursuant to Section 13.213.3.

Appears in 1 contract

Samples: Eott Energy Partners Lp

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income, gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.3 have been made with respect to the taxable period ending on the date of the Partnership's ’s liquidation pursuant to Section 13.2Sections 13.3 and 13.4.

Appears in 1 contract

Samples: Star Gas Finance Co

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain and loss taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Section 5.4 have been made with respect to the taxable period ending on the date of the Partnership's ’s liquidation pursuant to Section 13.214.2. References in this Section to the Minimum Quarterly Distribution and the First Target Distribution are to such items as adjusted from time to time.

Appears in 1 contract

Samples: Teppco Partners Lp

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain and loss taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash provided under Sections 5.4 and 5.5 have been made with respect to the taxable period ending on the date of the Partnership's ’s liquidation pursuant to Section 13.214.3. References in this Section to the Minimum Quarterly Distribution and the Target Distributions are to such items as adjusted from time to time.

Appears in 1 contract

Samples: Terra Nitrogen Co L P /De

Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 5.1(d), all items of gain income gain, loss and loss deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 5.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 5.1 and after all distributions of Available Cash cash provided under Section 5.4 have been made with respect to the taxable period ending on the date of the Partnership's ’s liquidation pursuant to Section 13.214.3.

Appears in 1 contract

Samples: Agreement (Ferrellgas L P)

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