Common use of Effect of Allocations Clause in Contracts

Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) or other items pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of U.S. federal, state and local Taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) or other items pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 4.5(b) are solely for purposes of federal, state and local Taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Profits and Losses, Distributions (other than Tax Distributions) or other Company items pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 5.01(h) are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any UnitholderPartner’s Capital Account Account, share of distributions or share of ProfitsNet Profit, LossesNet Loss, Distributions (other than Tax Distributions) or other items of income, gain, deduction and loss pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) or other Company items pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 4.3(b) are solely for purposes of federal, state and local Taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Profits and Losses, Distributions (other than Tax Distributions) or other Company items pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 4.4 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any UnitholderMember’s Capital Account or share of ProfitsNet Income, Net Losses, or Distributions (other than Tax Distributions) or other Company items pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax DistributionsDistributions pursuant to Section 4.1(a)) or other Holdings LLC items pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s Capital Account or share of Profits, Losses, Distributions (other than Tax DistributionsDistributions pursuant to Section 4.1(a)) or other Company items pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 5.5 are solely for purposes ‎purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account ‎account in computing, any UnitholderMember’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) ‎distributions or other Company items pursuant ‎pursuant to any provision of this Agreement.Agreement.‎

Effect of Allocations. Allocations pursuant to this Section 4.5 5.6 are solely for purposes of federalU.S. federal and applicable state, state local and local non-U.S. Taxes and shall not affect, or in any way be taken into account in computing, any UnitholderMember’s Capital Account or share of Profits, Losses, Distributions (other than Tax Distributions) or other items pursuant to any provision of this Agreement.

Effect of Allocations. Allocations pursuant to this Section 4.5 are solely for purposes of federal, state and local Taxes taxes and shall not affect, or in any way be taken into account in computing, any Unitholder’s 's Capital Account or share of Profits, Losses, Distributions (other than Tax DistributionsDistributions pursuant to Section 4.1(a)) or other Company items pursuant to any provision of this Agreement.