Allocation in General. Except as otherwise provided in Section 4.7(b), for each fiscal year, items of Partnership income, gain, loss, deduction and expense, shall be allocated, for federal, state and local income tax purposes, among the Partners in the same manner as the Profits (and the items thereof) or Losses (and the items thereof) of which such items are components were allocated pursuant to Section 4.4.
Appears in 3 contracts
Samples: Subscription and Support Agreement (Blue Eagle Holdings, L.P.), Subscription and Support Agreement (Blue Eagle Holdings, L.P.), Contribution and Support Agreement (Innotrac Corp)
Allocation in General. Except as otherwise provided in Section 4.7(b4.6(b), for each fiscal yearFiscal Year, items of Partnership Company income, gain, loss, deduction and expense, shall be allocated, for federal, state and local income tax purposes, among the Partners Members in the same manner as the Profits (and the items thereof) or Losses (and the items thereof) of which such items are components were allocated pursuant to Section 4.44.3.
Appears in 2 contracts
Samples: Operating Agreement (Dolan Media CO), Limited Liability Company Agreement (Dolan Media CO)
Allocation in General. Except as otherwise provided in Section 4.7(b), for each fiscal year, items of Partnership Company income, gain, loss, deduction and expense, shall be allocated, for federal, state and local income tax purposes, among the Partners Members in the same manner as the Profits (and the items thereof) or Losses (and the items thereof) of which such items are components were allocated pursuant to Section 4.4.
Appears in 2 contracts
Samples: Transaction Agreement (Nord Anglia Education, Inc.), Transaction Agreement (Nord Anglia Education, Inc.)
Allocation in General. Except as otherwise provided in Section 4.7(b)4.8(b) or Section 704 of the Code and Regulations thereunder, for each fiscal yearFiscal Year, items of Partnership Company income, gain, loss, deduction and expense, shall be allocated, for U.S. federal, state and local income tax purposes, among the Partners Members in the same manner as the Profits Net Income (and the items thereof) or Net Losses (and the items thereof) of which such items are components were allocated pursuant to Section 4.44.5.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Adeptus Health Inc.), Limited Liability Company Agreement (Adeptus Health Inc.)
Allocation in General. Except as otherwise provided in Section 4.7(b4.2(b), for each fiscal year, items of Partnership Company income, gain, loss, deduction and expense, shall be allocated, for federal, state and local income tax purposes, among the Partners Members in the same manner as the Profits (and the items thereof) or Losses (and the items thereof) of which such items are components were allocated pursuant to Section 4.44.1 herein.
Appears in 1 contract
Samples: Operating Agreement (Dolan Media CO)
Allocation in General. Except as otherwise provided in Section 4.7(b4.6(b), for each fiscal year, items of Partnership Company income, gain, loss, deduction and expense, shall be allocated, for federal, state and local income tax purposes, among the Partners Members in the same manner as the Profits (and the items thereof) or Losses (and the items thereof) of which such items are components were allocated pursuant to Section 4.44.3.
Appears in 1 contract
Samples: Limited Liability Company Agreement
