Common use of Compliance with Treasury Regulations Clause in Contracts

Compliance with Treasury Regulations. The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Section 704(b) of the Code and Treasury Regulations Section 1.704-1(b), and shall be interpreted and applied in a manner consistent with such regulations. In the event that the General Partner shall determine that it is prudent to modify the manner in which the Capital Accounts, or any debits or credits thereto, are computed in order to comply with such regulations, the General Partner may make such modification, provided that it is not likely to have a material effect on the amounts distributable to any Partner pursuant to Articles 7 or 10 or the timing of such distributions.

Compliance with Treasury Regulations. The -------------------------------------- foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Section 704(b) of the Code and Treasury Regulations Regulation Section 1.704-1(b), ) and shall be interpreted and applied in a manner consistent with such regulations. In the event that the General Partner shall determine that it is prudent to modify the manner in which the Capital Accounts, or any debits or credits thereto, are computed determined in order to comply with such regulations, the General Partner may make such modification, provided that it is not likely to have a material effect on the amounts distributable to any Partner pursuant to Articles 7 or 10 or the timing of such distributions.

Compliance with Treasury Regulations. The foregoing provisions provisions, and the other provisions of this Agreement relating to the maintenance of Capital Accounts Accounts, are intended to comply with Section section 704(b) of the Code and Treasury Regulations Section section 1.704-1(b), and shall be interpreted and applied in a manner consistent with such regulations. In the event that the General Partner shall determine that it is prudent to modify the manner in which the Capital Accounts, or any debits or credits thereto, are computed in order to comply with such regulations, the General Partner may make such modification, provided that it is not likely to have a material effect on the amounts distributable to any Partner pursuant to Articles 7 or 10 or the timing of such distributionsPartner.

Compliance with Treasury Regulations. The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Code Section 704(b) of and the Code and Treasury Regulations Section 1.704-1(b), Regulation promulgated thereunder and shall be interpreted and applied in a manner consistent with such regulationstherewith. In the event that the General Partner shall determine that it is prudent to modify the manner in which the Capital Accounts, Accounts or any debits or credits thereto, thereto are computed in order to comply with such regulationsRegulations, the General Partner may make such modificationmodifications without the consent of the Limited Partners, provided that it is such modifications are not likely to have a material effect on the amounts distributable to any Partner pursuant to Articles 7 or 10 or the timing Partners upon the dissolution of such distributionsthe Partnership.