Common use of Allocation of Net Income and Taxable Income Clause in Contracts

Allocation of Net Income and Taxable Income. (a) Where Distributable Cash was paid in respect of a Fiscal Year, the Net Income and Taxable Income of the Partnership in respect of that Fiscal Year shall be allocated among all Partners that were Partners at any time in the Fiscal Year on the following basis:

Appears in 2 contracts

Samples: s22.q4cdn.com, s22.q4cdn.com

AutoNDA by SimpleDocs

Allocation of Net Income and Taxable Income. (a) Where Distributable Cash Flow was paid in respect of a Fiscal Year, the Net Income and Taxable Income of the Partnership Fund in respect of that Fiscal Year shall be allocated among the General Partner and all Partners Unitholders that were Partners Unitholders at any time in the Fiscal Year on the following basis:

Appears in 1 contract

Samples: Partnership Agreement

AutoNDA by SimpleDocs

Allocation of Net Income and Taxable Income. (a) Where Distributable Cash was paid in respect of a Fiscal Year, the Net Income and Taxable Income of the Partnership in respect of that Fiscal Year shall be allocated among all Partners that were Partners at any time in the Fiscal Year on the following basis:basis:β€Œ

Appears in 1 contract

Samples: q4live.s22.clientfiles.s3-website-us-east-1.amazonaws.com

Time is Money Join Law Insider Premium to draft better contracts faster.