Loss Allocation Limitation. Notwithstanding the other provisions of this Article VI, no Limited Partner shall be allocated Loss in any taxable year which would cause or increase an Adjusted Capital Account Deficit as of the end of such taxable year. All Loss in excess of the limitation in this Section 6.5(h) shall be allocated to the General Partner.
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Samples: Agreement (BuyDebtCo, LLC), Limited Partnership Agreement (CorEnergy Infrastructure Trust, Inc.), BuyDebtCo, LLC
Loss Allocation Limitation. Notwithstanding the other provisions of this Article VI, unless otherwise agreed to by the General Partner and a Limited Partner Majority, no Limited Partner shall be allocated Loss in any taxable year which would cause or increase an all Adjusted Capital Account Deficit as of the end of such taxable year. All Loss in excess of the limitation in this LMs Section 6.5(h) shall be allocated to the General Partner.
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