Common use of End of Period Clause in Contracts

End of Period. As of the end of each Period, each Limited Partner’s Loss Carryforward Account will be adjusted as follows: (a) increased by (i) the amount of Losses allocated to such Partner pursuant to Section 4.2 for such Period, and (ii) any amounts specially allocated pursuant to Section 4.3 to such Partner for such Period; (b) decreased by the amount of Gains allocated to such Partner pursuant to Section 4.2 for such Period; (c) decreased by any distributions made or dividends paid to such Partner. Decreases pursuant to Section 4.6.1(b) and (c) may result in a negative Loss Carryforward Account balance.

End of Period. As of the end of each Period, each Limited Partner’s Loss Carryforward Account will be adjusted as follows: (a) increased by (i) the amount of Losses allocated to such Partner pursuant to Section 4.2 for such Period, and (ii) any amounts specially allocated pursuant to Section 4.3 to such Partner for such Period; (b) decreased by the amount of Gains Losses allocated to such Partner pursuant to Section 4.2 for such Period; (c) decreased by any distributions made or dividends paid to such Partner. Decreases pursuant to Section 4.6.1(b) and (c) may result in a negative Loss Carryforward Account balance.