Common use of Adjustment of Allocations Clause in Contracts

Adjustment of Allocations. If the allocations set forth in this Article IV are adjusted by the Internal Revenue Service and the Tax Matters Partner agrees to such adjustments, such allocations shall be amended to the minimum extent necessary to conform with such adjustments.

Appears in 17 contracts

Sources: Agreement of Limited Partnership (Enron Capital Trust Ii), Limited Partnership Agreement (Merrill Lynch Preferred Funding I Lp), Limited Partnership Agreement (Capita Preferred Trust)

Adjustment of Allocations. If the allocations set forth in this Article IV are adjusted by the Internal Revenue Service and the Tax Matters Partner agrees to such adjustments, such allocations shall be amended to the minimum extent necessary to conform with such adjustmentsadjust- ments.

Appears in 1 contract

Sources: Limited Partnership Agreement (Ultramar Diamond Shamrock Corp)

Adjustment of Allocations. If the allocations set forth in this ------------------------- Article IV are adjusted by the Internal Revenue Service and the Tax Matters Partner agrees to such adjustments, such allocations shall be amended to the minimum extent necessary to conform with such adjustments.

Appears in 1 contract

Sources: Agreement of Limited Partnership (Hawaiian Electric Industries Inc)