Common use of Curative Allocation Clause in Contracts

Curative Allocation. The special allocations set forth in subsections 4.2(b)(i), (ii) and (iv)-(vii) (the “Regulatory Allocations”) are intended to comply with the Allocation Regulations. Notwithstanding any other provisions of this Section 4.2, the Regulatory Allocations shall be taken into account in allocating items of income, gain, loss and deduction among the Partners such that, to the extent possible, the net amount of allocations of such items and the Regulatory Allocations to each Partner shall be equal to the net amount that would have been allocated to each Partner if the Regulatory Allocations had not occurred.

Appears in 6 contracts

Sources: Limited Partnership Agreement (Crestwood Midstream Partners LP), Merger Agreement (Crestwood Midstream Partners LP), Merger Agreement

Curative Allocation. The special allocations set forth in subsections 4.2(b)(i), (ii) and (iv)-(viiSections 5.2(c)(i)-(vii) (the “Regulatory Allocations”) are intended to comply with the Allocation Regulations. Notwithstanding any other provisions of this Section 4.25.2, the Regulatory Allocations shall be taken into account in allocating items of income, gain, loss and deduction among the Partners such that, to the extent possible, the net amount of allocations of such items and the Regulatory Allocations to each Partner shall be equal to the net amount that would have been allocated to each Partner if the Regulatory Allocations had not occurred.

Appears in 6 contracts

Sources: General Partnership Agreement (Colorado Interstate Gas Co), General Partnership Agreement (El Paso Pipeline Partners, L.P.), General Partnership Agreement (El Paso Pipeline Partners, L.P.)

Curative Allocation. The special allocations set forth in subsections 4.2(b)(iSection 5.1(b)(i), (ii) and (iv)-(viiiii) (the “Regulatory Allocations”) are intended to comply with the Allocation Regulations. Notwithstanding any other provisions of this Section 4.25.1, the Regulatory Allocations shall be taken into account in allocating items of income, gain, loss and deduction among the Partners such that, to the extent possible, the net amount of allocations of such items and the Regulatory Allocations to each Partner shall be equal to the net amount that would have been allocated to each Partner if the Regulatory Allocations had not occurred.

Appears in 2 contracts

Sources: Agreement of Limited Partnership (MBOW Four Star, L.L.C.), Limited Partnership Agreement (Capmark Finance Inc.)

Curative Allocation. The special allocations set forth in subsections 4.2(b)(iSection 5.1(b)(i), (ii) and (iv)-(viiiii) (the "Regulatory Allocations") are intended to comply with the Allocation Regulations. Notwithstanding any other provisions of this Section 4.25.1, the Regulatory Allocations shall be taken into account in allocating items of income, gain, loss and deduction among the Partners such that, to the extent possible, the net amount of allocations of such items and the Regulatory Allocations to each Partner shall be equal to the net amount that would have been allocated to each Partner if the Regulatory Allocations had not occurred.

Appears in 2 contracts

Sources: Limited Partnership Agreement (East Coast Power LLC), Limited Partnership Agreement (East Coast Power LLC)