Allocation of Self-Charged Interest. If a Partner makes a ----------------------------------- loan to the Partnership, to the extent permitted under Regulations Section 1.469-7, the Partnership shall allocate to such Partner any interest deduction specifically incurred by the Partnership as a result of such loan; provided, -------- however, that this Section 4.3.7 shall not affect the amount of income or loss ------- otherwise allocable to such Partner.
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Samples: Limited Partnership Agreement (Petro Stopping Centers L P)
Allocation of Self-Charged Interest. If a Partner makes a ----------------------------------- loan to the Partnership, to the extent permitted under Regulations Section 1.469-7, the Partnership shall allocate to such Partner any interest deduction specifically incurred by the Partnership as a result of such loan; provided, -------- however, that this Section 4.3.7 shall not affect the amount of income or loss ------- otherwise allocable to such Partner.
Appears in 1 contract
Samples: Limited Partnership Agreement (Petro Stopping Centers L P)
Allocation of Self-Charged Interest. If a Partner makes a ----------------------------------- loan to the Partnership, to the extent permitted under Regulations Section 1.4691. 469-7, the Partnership shall allocate to such Partner any interest deduction specifically incurred by the Partnership as a result of such loan; provided, -------- however, that this Section 4.3.7 4.4.7 shall not affect the amount of income or loss ------- otherwise allocable to such Partner.
Appears in 1 contract
Samples: Petro Stopping Centers L P
Allocation of Self-Charged Interest. If a Partner makes a ----------------------------------- loan to the Partnership, to the extent permitted under Regulations Section 1.469-7, the Partnership shall allocate to such Partner any interest deduction specifically incurred by the Partnership as a result of such loan; provided, -------- however, that this Section 4.3.7 shall not affect the amount of income or loss ------- otherwise allocable to such Partner.
Appears in 1 contract
Allocation of Self-Charged Interest. If a Partner makes a loan ----------------------------------- loan to the Partnership, to the extent permitted under Regulations Section 1.469-7, the Partnership shall allocate to such Partner any interest deduction specifically incurred by the Partnership as a result of such loan; provided, -------- however, that this Section 4.3.7 4.4.7 shall not affect the amount of income or loss ------- otherwise allocable to such Partner.
Appears in 1 contract
Samples: Petro Holdings Financial Corp
Allocation of Self-Charged Interest. If a Partner makes a ----------------------------------- loan to the Partnership, to the extent permitted under Regulations Section 1.469-7, the Partnership shall allocate to such Partner any interest deduction specifically incurred by the Partnership as a result of such loan; provided, -------- however, that this Section 4.3.7 4.4.7 shall not affect the amount of income or loss ------- otherwise allocable to such Partner.
Appears in 1 contract