Common use of Allocation of Net Income and Net Loss Clause in Contracts

Allocation of Net Income and Net Loss. Subject to Sections 4.2 and 4.3, the Partnership’s Net Income and Net Loss for each Fiscal Year shall be allocated to the Partners in proportion to their Percentage Interests.

Appears in 9 contracts

Sources: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement (America First Tax Exempt Investors Lp)

Allocation of Net Income and Net Loss. Subject to Sections 4.2 and 4.3, the PartnershipCompany’s Net Income and Net Loss for each Fiscal Year shall be allocated to the Partners Members in proportion to their Percentage Interests.

Appears in 1 contract

Sources: Operating Agreement