Changes in Percentage Interests. If a Partner's Percentage Interest changes during any fiscal year, the allocations to be made pursuant to this Agreement shall be made in accordance with Section 706 of the Code, using any convention permitted by Section 706 of the Code and the Regulations promulgated thereunder and selected by the General Partner so as to equitably effectuate the allocations of this Article IV.
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Samples: Limited Partnership Agreement (Fw Integrated Orthopaedics Investors Lp), Limited Partnership Agreement (Keystone Inc Et Al), Limited Partnership Agreement (Keystone Inc Et Al)
Changes in Percentage Interests. If applicable for accounting and state (if any) income tax purposes, if a Partner's Percentage Interest changes during any fiscal year, the allocations to be made pursuant to this Agreement shall be made in accordance with Section 706 of the Code, using any convention permitted by Section 706 of the Code and the Regulations promulgated thereunder and selected by the General Partner so as to equitably effectuate the allocations of this Article IV.
Appears in 4 contracts
Samples: Limited Partnership Agreement (Builders FirstSource of Nashville, Inc.), Limited Partnership Agreement (Builders FirstSource of Nashville, Inc.), Limited Partnership Agreement (Builders FirstSource of Nashville, Inc.)
Changes in Percentage Interests. If a Partner's Member’s Percentage Interest changes during any fiscal year, the allocations to be made pursuant to this Agreement shall will be made in accordance with Section 706 of the Code, using any convention permitted by Section 706 of the Code and the Regulations promulgated thereunder and selected by the General Partner Company so as to equitably effectuate the allocations of this Article IV.V.
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