Allocations of Losses. (a) After giving effect to the special allocations set forth in Sections 8.6 and 8.7, Losses (including Capital Transaction Losses, which shall be computed and allocated separately with respect to each property) shall be allocated among the Partners as follows:
Allocations of Losses. After giving effect to the special allocations set forth in Section 5.3, Section 5.4 and Section 5.5, and subject to Section 5.6, Losses for any Allocation Year shall be allocated to the Members in proportion to their Sharing Ratios.
Allocations of Losses. Subject to the limitation of Section 3.4(c), Loss for any Fiscal Year shall be allocated among the Partners in proportion to their respective Points as of the close of such Fiscal Year (determined immediately prior to any forfeiture pursuant to Section 7.1(c)); provided that, if a Loss is recognized by the Partnership for a Fiscal Year that is attributable to a Portfolio Investment that gave rise to a Profit in a prior Fiscal Year that was allocated to a Partner, including for this purpose, a former Partner (a “Prior Profit Allocation”), then such Loss shall be allocated, in the reasonable discretion of the General Partner, among the Partners and such former Partners who received the Prior Profit Allocation in a proportion that takes any into account the Points that the former Partners had been assigned at the time such Prior Profit Allocation was made to the Partners, but only up to the amount of such Prior Profit Allocation. (c) To the extent that the allocations of Loss contemplated by Section 3.4(b) would cause the Capital Account of any Limited Partner to be less than zero, such Loss shall to that extent instead be allocated to and debited against the Capital Account of the General Partner. Following any such adjustment pursuant to Section 3.4(c) with respect to any Limited Partner, any Profit for any subsequent Fiscal Year which would otherwise be credited to the Capital Account of such Limited Partner pursuant to Section 3.4(a) shall instead be credited to the Capital Account of the General Partner until the cumulative amounts so credited to the Capital Account of the General Partner with respect to such Limited Partner pursuant to Section 3.4(c) is equal to the cumulative amount debited against the Capital Account of the General Partner with respect to such Limited Partner pursuant to Section 3.4(c). (d) Special Allocations (i)
Allocations of Losses. After giving effect to the special allocations set forth in Section 5.3 and 5.4 hereof, Losses for any Fiscal Year shall be allocated as set forth in Section 5.2(a) below, subject to the limitation of Section 5.2(b) below.
Allocations of Losses. Subject to the limitation of Section 3.4(c), Capital Loss for any Fiscal Year shall be allocated to APH, and Operating Loss for any Fiscal Year shall be allocated among the Partners in proportion to their respective Points as of the close of such Fiscal Year.
Allocations of Losses. The Losses of the Company shall be allocated to the Members as follows:
Allocations of Losses. Subject to the limitation of Section 3.4(c), FC Loss for any Fiscal Year shall be allocated among the Partners in proportion to their respective FC Shares as of the close of such Fiscal Year, and Operating Loss for any Fiscal Year shall be allocated among the Partners in proportion to their respective Points as of the close of such Fiscal Year; provided that, if an Operating Loss is recognized by the Partnership for a Fiscal Year that is attributable to a Portfolio Investment that gave rise to an Operating Profit in a prior Fiscal Year that previously was allocated to a Partner, including, for this purpose, a former Partner (a “Prior Profit Allocation”), then such Operating Loss shall be allocated, in the reasonable discretion of the General Partner, among the Partners and such former Partners who received the Prior Profit Allocation in a proportion that takes into account the Points that the former Partners had been assigned at the time such Prior Profit Allocation was made to the Partners, but only up to the amount of such Prior Profit Allocation.
Allocations of Losses. Except as provided in Section 9.4, all net losses of the Company for each Fiscal Year (for both accounting and tax purposes) shall be allocated to the
Allocations of Losses. Subject to the limitation of Section 3.4(c), FC Loss for any Fiscal Year shall be allocated among the Partners in proportion to their respective FC Shares as of the close of such Fiscal Year, and Operating Loss for any Fiscal Year shall be allocated among the Partners in proportion to their respective Points as of the close of such Fiscal Year.
Allocations of Losses. (a) Except as otherwise provided in Section 4.4, Losses for any Fiscal Period shall be allocated to all Partners according to their Percentage Interests.
