Common use of Profits Losses and Accounting Clause in Contracts

Profits Losses and Accounting. 12 Section 5.1 Allocation of Profits and Losses......................................................12 Section 5.2 Accounting............................................................................13 Section 5.3 Partners' Accounts....................................................................14 Section 5.4 Section 754 Elections.................................................................15 ARTICLE VI POWERS, DUTIES, LIABILITIES, COMPENSATION AND VOTING OF GENERAL PARTNER....................15 Section 6.1 Powers of General Partner.............................................................15

Profits Losses and Accounting. 12 13 Section 5.1 Allocation of Profits and Losses......................................................12 ..............................................13 Section 5.2 Accounting................................................................................................................................................13 Section 5.3 Partners' Accounts................................................................................................................................14 Section 5.4 Section 754 Elections.................................................................15 ARTICLE VI POWERS, DUTIES, LIABILITIES, COMPENSATION AND VOTING OF GENERAL PARTNER....................15 Section 6.1 Powers of General Partner.............................................................15.........................................................14

Profits Losses and Accounting. 12 10 Section 5.1 Allocation of Profits and Losses......................................................12 .....................................................................10 Section 5.2 Accounting............................................................................13 Accounting ..........................................................................................10 Section 5.3 Partners' Accounts....................................................................14 ...................................................................................11 Section 5.4 Section 754 Elections.................................................................15 ................................................................................12 ARTICLE VI POWERS, DUTIES, LIABILITIES, COMPENSATION AND VOTING OF GENERAL PARTNER....................15 .......................................12 Section 6.1 Powers of General Partner.............................................................15............................................................................12

Profits Losses and Accounting. 12 11 Section 5.1 Allocation of Profits and Losses......................................................12 ..................................11 Section 5.2 Accounting............................................................................13 Accounting ...............................11 Section 5.3 Partners' Accounts....................................................................14 Accounts .......................12 Section 5.4 Section 754 Elections.................................................................15 ARTICLE VI POWERS, DUTIES, LIABILITIES, COMPENSATION AND VOTING OF GENERAL PARTNERElections ....................15 Section 6.1 Powers of General Partner.............................................................1513