Merit Plan. To the extent that the Partnership recognizes income or gain or is entitled to deduction, expense or loss with respect to transfers of interests pursuant to the Merit Plan, all such items shall be allocated among the Limited Partners in accordance with the Merit Plan.
Appears in 6 contracts
Samples: Limited Partnership Agreement (Spieker Properties Inc), Third Amendment to Second Amended and Restated Agreement of Limited Partnership (Spieker Properties Inc), Second Amended and Restated Agreement of Limited Partnership (Spieker Properties L P)