Compliance with Code. The foregoing provisions of this Agreement relating to the allocation of Net Profit and Net Loss are intended to comply with Regulations under Section 704(b) of the Code and shall be interpreted and applied in a manner consistent with such Regulations.
Appears in 7 contracts
Samples: Limited Partnership Agreement (American Materials Transport, Inc.), Limited Partnership Agreement (American Materials Transport, Inc.), Limited Partnership Agreement (Us Concrete Inc)
Compliance with Code. The foregoing provisions of this Agreement relating to the allocation of Net Profit Income and Net Loss are intended to comply with Regulations under Section 704(b) of the Code and shall will be interpreted and applied in a manner consistent with such Regulations.
Appears in 2 contracts
Samples: Operating Agreement (Liberty Media International Inc), Operating Agreement (Booth Creek Ski Holdings Inc)
Compliance with Code. The foregoing provisions of this Agreement relating to the allocation of Net Profit Income and Net Loss are intended to comply with Regulations under Section § 704(b) of the Code and shall will be interpreted and applied in a manner consistent with such Regulations.
Appears in 1 contract
Samples: Limited Partnership Agreement (Liberty Global, Inc.)
