Allocations of Losses Prior to Liquidation. Except as otherwise provided in this Agreement, all Losses and all expenditures of the Partnership that are not deductible in computing taxable income and are not capital expenditures, including expenditures described in Sections 705(a)(2)(B) and 709(a) of the Code, shall be allocated for each fiscal year (or portion thereof) between the Partners as follows:
Appears in 12 contracts
Samples: Amended and Restated Partnership Agreement (S.D. Shepherd Systems, Inc.), Partnership Agreement (Ticketmaster Corp /Il/), Partnership Agreement (Ticketmaster Corp /Il/)
