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Common use of Net Income and Net Loss Clause in Contracts

Net Income and Net Loss. For purposes of maintaining the Capital Accounts, Net Income or Net Loss (and all items included in the computation thereof) shall be allocated among the Partners as follows:

Appears in 19 contracts

Sources: Limited Partnership Agreement (Enterprise Products Partners L P), Limited Partnership Agreement (Enterprise Products Partners L P), Limited Partnership Agreement (Enterprise Products Partners L P)

Related Clauses

  • Allocation of Net Income and Net Loss
  • Net Income
  • Allocations of Net Income and Net Loss
  • Minimum Net Income
  • Consolidated Net Income

Parent Clauses

  • Net Income and Net Loss
  • Allocations
  • Allocations for Capital Account Purposes
  • Allocations and Distributions
  • Allocation of Partnership Items

Sub-Clauses

  • Net Income and Net Loss
  • Net Income
  • Net Loss
  • Net Losses
  • Qualified Income Offset
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