Allocations With Respect to Transferred Interests. Unless otherwise required by the Code and/or the Regulations or as agreed to and by the Managing General Partner, in its sole and absolute discretion, any Net Income or Net Loss allocable to a Partnership Interest which has been transferred during any year shall be allocated among the Persons who were holders of such Partnership Interest during such year in the manner described in Section 11.6 below.
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Samples: Prime Group Realty Trust
Allocations With Respect to Transferred Interests. Unless otherwise required by the Code and/or the Regulations or as agreed to and determined by the Managing General Partner, in its sole and absolute discretion, any Net Income Profits or Net Loss Losses allocable to an additional Partnership Interest issued during any year or any fiscal quarter or to a Partnership Interest which has been transferred during any year shall be allocated among the Persons who were holders of such Partnership Interest during such year in the manner described in Section 11.6 13.3(c) below.
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Samples: Partnership Agreement (Philips International Realty Corp)
Allocations With Respect to Transferred Interests. Unless otherwise required by the Code and/or the Regulations or as agreed to and by the Managing General Partner, in its sole and absolute discretion, any Net Income or Net Loss allocable to a Partnership Interest which has been transferred during any year shall be allocated among the Persons who were holders Holders of such Partnership Interest during such year in the manner described in Section 11.6 below.
Appears in 1 contract
Samples: Prime Group Realty Trust
Allocations With Respect to Transferred Interests. Unless ------------------------------------------------- otherwise required by the Code and/or the Regulations or as agreed to and by the Managing General Partner, in its sole and absolute discretion, any Net Income Profits or Net Loss Losses allocable to an additional Partnership Interest issued during any year or to a Partnership Interest which has been transferred during any year shall be allocated among the Persons who were holders of such Partnership Interest during such year in the manner described in Section 11.6 13.3(c) below.
Appears in 1 contract
Samples: Partnership Agreement (Reckson Associates Realty Corp)