Final Year Allocations. To the extent a Partnership Agreement does not provide for final year tax allocations, the parties hereto agree to use the "interim closing of the books" method as provided in Section 706 of the Code to allocate income and loss for the year.
Appears in 11 contracts
Samples: Contribution Agreement (Maguire Properties Inc), Contribution Agreement (Maguire Properties Inc), Contribution Agreement (Maguire Properties Inc)
Final Year Allocations. To the extent a Partnership Participating Entity Agreement does not provide for final year tax allocations, the parties hereto agree Contributor agrees to use the "interim closing of the books" method as provided in Section 706 of the Code to allocate income and loss for the yearyear in which the Closing occurs.
Appears in 5 contracts
Samples: Contribution Agreement (BioMed Realty Trust Inc), Contribution Agreement (BioMed Realty Trust Inc), Contribution Agreement (BioMed Realty Trust Inc)
Final Year Allocations. To the extent a Partnership Participating Entity Agreement does not provide for final year tax allocations, the parties hereto agree Contributor agrees to use the "“interim closing of the books" ” method as provided in Section 706 of the Code (or another method if agreed to by such parties) to allocate income and loss for the yearyear in which the Closing occurs.
Appears in 5 contracts
Samples: Contribution Agreement (Excel Trust, Inc.), Contribution Agreement (Excel Trust, Inc.), Contribution Agreement (Excel Trust, Inc.)
Final Year Allocations. To the extent a Partnership an Intermediary Organizational Agreement does not provide for final year tax allocations, the parties hereto agree to use the "“interim closing of the books" ” method as provided in Section 706 of the Code to allocate income and loss for the year.
Appears in 2 contracts
Samples: Contribution Agreement (Thomas Properties Group Inc), Contribution Agreement (Thomas Properties Group Inc)
Final Year Allocations. To the extent a Partnership Agreement does not provide for final year tax allocations, if applicable, the parties hereto agree to use the "“interim closing of the books" ” method as provided in Section 706 of the Code (or another method if agreed to by such parties) to allocate income and loss for the yearyear in which the Formation Transactions close.
Appears in 1 contract
Samples: Contribution Agreement (Digital Realty Trust, Inc.)
Final Year Allocations. To the extent a the Partnership Agreement does not provide for final year tax allocations, if applicable, the parties hereto agree to use the "“interim closing of the books" ” method as provided in Section 706 of the Code (or another method if agreed to by such parties) to allocate income and loss for the yearyear in which the Formation Transactions close.
Appears in 1 contract
Samples: Contribution Agreement (Digital Realty Trust, Inc.)