Common use of Allocation Rules Clause in Contracts

Allocation Rules. For purposes of determining the profits, losses or any other items allocable to any period, profits, losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the General Partner in its sole and absolute discretion using any method that is permissible under Section 706 of the Code and the Treasury Regulations thereunder. The Partners are aware of the income tax consequences of the allocations made by this Article V and hereby agree to be bound by the provisions of this Article V in reporting their shares of Partnership income and loss for income tax purposes.

Allocation Rules. For purposes of determining ----------------- the profits, losses or any other items allocable to any period, profits, losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the General Partner in its sole and absolute discretion using any method that is permissible under Section 706 of the Code and the Treasury Regulations thereunder. The Partners are aware of the income tax consequences of the allocations made by this Article V and hereby agree to be bound by the provisions of this Article V in reporting their shares of Partnership income and loss for income tax purposes.

Allocation Rules. (a) For purposes of determining the profits, losses or any other items allocable to any period, profits, losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the General Partner in its sole and absolute discretion using any method that is permissible under Section 706 of the Code and the Treasury Regulations thereunder. . (b) The Partners are aware of the income tax consequences of the allocations made by this Article V IV and hereby agree to be bound by the provisions of this Article V IV in reporting their shares of Partnership income and loss for income tax purposes.

Allocation Rules. (a) For purposes of determining the profits, losses or any other items allocable to any period, profits, losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the General Partner in its sole and absolute discretion using any method that is permissible under Section (S) 706 of the Code and the Treasury Regulations thereunder. . (b) The Partners are aware of the income tax consequences of the allocations made by this Article V VIII and hereby agree to be bound by the provisions of this Article V VIII in reporting their shares of Partnership income and loss for income tax purposes.