Allocations Relating to Taxable Issuance of Interests in the Partnership. Any income, gain, loss or deduction realized as a direct or indirect result of the issuance of an Interest in the Partnership (the “Issuance Items”) shall be allocated among the Partners so that, to the extent possible, the net amount of such Issuance Items, together with all other allocations under this Agreement to each Partner, shall be equal to the net amount that would have been allocated to each such Partner if the Issuance Items had not been realized.
Appears in 7 contracts
Samples: BGC Partners, Inc., Newmark Group, Inc., BGC Partners, Inc.
