Common use of Certain Special Allocations Clause in Contracts

Certain Special Allocations. Items of income and gain allocated under the foregoing provisions of Section 6.1(d)(i), 6.1(d)(ii), 6.1(d)(iii), 6.1(d)(iv), 6.1(d)(ix) or 6.1(d)(x) that are Hydrocarbon Items shall, to the maximum extent possible, be allocated to the applicable Unitholders other than the holders of Class A Units, Pro Rata.”

Appears in 2 contracts

Sources: Limited Partnership Agreement (MPLX Lp), Amendment to Limited Partnership Agreement (Marathon Petroleum Corp)

Certain Special Allocations. Items of income and gain allocated under the foregoing provisions of Section 6.1(d)(i6.1(d) (i), 6.1(d)(ii), 6.1(d)(iii), 6.1(d)(iv), 6.1(d)(ix) or 6.1(d)(x) that are Hydrocarbon Items shall, to the maximum extent possible, be allocated to the applicable Unitholders other than the holders of Class A Units, Pro Rata.”

Appears in 1 contract

Sources: Limited Partnership Agreement