Limitation on Allocation of Losses. In no event shall Losses be allocated to a Partner to the extent such allocation would result in such Partner having an Adjusted Capital Account deficit at the end of any Fiscal Year. All such Losses shall be allocated to the other Partners, provided, however, that appropriate adjustments shall be made to the allocation of future Profits in order to offset such specially allocated Losses hereunder.
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Samples: Lease Agreement (Cedar Shopping Centers Inc), Agreement Regarding Purchase of Partnership Interests (Cedar Shopping Centers Inc)
Limitation on Allocation of Losses. In no event Notwithstanding any provision of this Agreement, Losses shall Losses not be allocated to a Partner to the extent such allocation would result in such the Partner having an Adjusted Capital Account deficit Deficit at the end of any Fiscal Year. All such Losses shall be allocated to the other Partners, Partners in accordance with the other provisions of this Article 6; provided, however, that appropriate adjustments shall be made to the allocation of future Profits in order to offset such the specially allocated Losses hereunder.
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Samples: Limited Partnership Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Limited Partnership Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)
Limitation on Allocation of Losses. In Notwithstanding any provision of this Agreement, in no event shall Losses be allocated to a Partner to the extent such allocation would result in such Partner having an Adjusted Capital Account deficit at the end of any Fiscal Year. All such Losses shall be allocated to the other PartnersPartners in proportion to their respective Percentage Interests, provided, however, that appropriate adjustments shall be made to the allocation of future Profits in order to offset such specially allocated Losses hereunder.
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