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Common use of Corrective and Other Allocations Clause in Contracts

Corrective and Other Allocations. In the event of any allocation of Additional Book Basis Derivative Items or any Book-Down Event or any recognition of a Net Termination Loss, the following rules shall apply:

Appears in 28 contracts

Sources: Agreement of Limited Partnership (Royal Energy Resources, Inc.), Agreement of Limited Partnership (Crosstex Energy Lp), Amended and Restated Agreement of Limited Partnership (Energy Transfer Partners, L.P.)

Related Clauses

  • Taxes and Other Impositions
  • Dilution and Other Adjustments
  • Returns and Other Elections
  • Administrative and Other Fees
  • Parental leave and other entitlements

Parent Clauses

  • Special Allocations
  • Allocations for Capital Account Purposes
  • Allocations and Distributions
  • Issuance of Common Units in Connection with Reset of Incentive Distribution Rights
  • Redemption of Partnership Interests of Ineligible Holders

Sub-Clauses

  • Management
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