Establishment of Capital Accounts. A capital account shall be established and maintained for each Partner in accordance with Section 704(b) of the Internal Revenue Code of 1986, as amended from time to time (the "Code"), the U.S. Treasury Regulations promulgated thereunder (the "Regulations") and this Agreement.
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Samples: Limited Partnership Agreement (Texas San Macros Treatment Center Lp), Limited Partnership Agreement (Texas San Macros Treatment Center Lp), Limited Partnership Agreement (Texas San Macros Treatment Center Lp)
Establishment of Capital Accounts. A capital account shall be established and maintained for each Partner in accordance with Section 704(b) of the Internal Revenue Code of 294483-1 1986, as amended from time to time (the "“Code"”), the U.S. Treasury Regulations promulgated thereunder (the "“Regulations"”) and this Agreement.
Appears in 1 contract
Samples: Limited Partnership Agreement (PSI Summit Hospital, Inc.)