Common use of Profits and Losses Distributions Clause in Contracts

Profits and Losses Distributions. 7.1 Except as otherwise provided in Exhibit A relating to allocations for United States income tax purposes, profits and losses (and all items of income, gain, loss and deduction) shall be allocated among the Partners in accordance with their Percentage Interests.

Appears in 7 contracts

Samples: Agreement (Frank's International N.V.), Agreement (Frank's International N.V.), Agreement (Frank's International N.V.)

AutoNDA by SimpleDocs

Profits and Losses Distributions. 7.1 Except as otherwise provided in Exhibit A relating to allocations for United States income tax purposes, profits and losses (and all items of income, gain, loss and deduction) shall be allocated among the Partners partners in accordance with their Percentage Interests.

Appears in 1 contract

Samples: Agreement (Frank's International N.V.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.