Ordering Rules. Notwithstanding anything to the contrary in this Agreement, allocations for any Fiscal Year or other period of nonrecourse deductions or of items required to be allocated pursuant to the minimum gain chargeback requirements contained in Section 4.05 shall be made before any other allocations hereunder.
Ordering Rules. Anything contained in this Agreement to the contrary notwithstanding, allocations for any Fiscal Period or other period of nonrecourse deductions (as described in Section 1.704-2(b) of the Treasury Regulations) or partner nonrecourse deductions (as described in Section 1.704-2(i) of the Treasury Regulations), or of items required to be allocated pursuant to the minimum gain chargeback requirements contained in Sections 6.4(b)(iii) and 6.4(b)(iv), shall be made before any other allocations hereunder.
Ordering Rules. Anything contained in this Agreement to the contrary notwithstanding, allocations for any Fiscal Year or other period of Nonrecourse Deductions or Member Nonrecourse Deductions, or of items required to be allocated pursuant to the minimum gain chargeback requirements contained in this Article VI, shall be made before any other allocations hereunder.
Ordering Rules. If a Participant's Annual Additions under this Plan and the Code §415 Aggregated Plans result in an Excess Amount, such Excess Amount will consist of the Amounts last allocated. The Plan Administrator will determine the Amounts last allocated by treating the Annual Additions attributable to a simplified employee pension as allocated first, followed by allocation to a welfare benefit fund or individual medical account, irrespective of the actual allocation date. If the Plan Administrator allocates an Excess Amount to a Participant on an allocation date of this Plan which coincides with an allocation date of another plan, the Excess Amount attributed to this Plan will equal the product of:
(1) the total Excess Amount allocated as of such date, multiplied by
(2) the ratio of (a) the Annual Additions allocated to the Participant as of such date for the Limitation Year under the Plan to (b) the total Annual Additions allocated to the Participant as of such date for the Limitation Year under this Plan and the Code §415 Aggregated Plans.
Ordering Rules. If as a result of the application of Section 4.2(a), Section 4.2(f) or Section 4.2(g) a Tax Asset is treated as used or absorbed more than once, such Tax Asset shall be treated as used, for purposes of this Section 4, only once and at the earliest possible date.
Ordering Rules. Anything contained in this Agreement to the contrary notwithstanding, allocations for any fiscal year or other period of Nonrecourse Deductions or Member Nonrecourse Deductions, or of items required to be allocated pursuant to the minimum gain chargeback requirements contained in Section 7.4(b) and Section 7.4(c) hereof, shall be made before any other allocations hereunder.
Ordering Rules. Any other provision of this Agreement notwithstanding, allocations for any taxable year or other period of nonrecourse deductions and Holder Nonrecourse Deductions (pursuant to the foregoing Section B3) or of items required to be allocated pursuant to the minimum gain chargeback requirements contained in the foregoing Section B1 and Section B2, shall be made before any other allocations under this Agreement.
Ordering Rules. Each of the Parties to whom a contribution has been made pursuant to Sections 2.2 through 2.5 hereby agrees to and does, successively, assume the obligation of Operating LLC to reimburse the Preformation Expenditures of APC. Each of the transactions described in Sections 2.1 through 2.3 shall be deemed to have occurred successively, in the order stated. The transactions described in Sections 2.4 through 2.6 shall be deemed to have occurred simultaneously, immediately following consummation of the transactions described in Sections 2.1 through 2.3.
Ordering Rules. For purposes of Article V hereof, the following -------------- ordering rules shall apply:
(a) First, all distributions of Distributable Cash under Article IV shall be deemed to have been made.
(b) Next, Operating Profits and Operating Losses and items other than Gain and Loss shall be allocated in accordance with Article V hereof.
(c) Finally, Gain or Loss from the sale or other disposition of Partnership property shall be allocated in accordance with this Article V.
Ordering Rules. Curative Allocations
