Allocations of Nonrecourse Deductions and Minimum Gain. Notwithstanding the provisions of Section 2.04 above, the following allocations of gross income and Nonrecourse Deductions shall be made in the following order of priority:
Appears in 3 contracts
Samples: Franklin Street Partners Lp, Franklin Street Partners Lp, Franklin Street Partners Lp
Allocations of Nonrecourse Deductions and Minimum Gain. Notwithstanding the provisions of Section 2.04 5.01 above, the following allocations of gross income Gross Income and Nonrecourse Deductions shall be made in the following order of priority:
Appears in 1 contract
Samples: Operating Agreement (Historic Preservation Properties 1989 Limited Partnership)