Common use of Other Allocation Provisions Clause in Contracts

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 27 contracts

Samples: Limited Partnership Agreement (Blackstone Group Inc), Limited Partnership Agreement (Blackstone Group Inc), Limited Partnership Agreement (Blackstone Group Inc)

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Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. In addition to amendments effected in accordance with Section 11.6 or otherwise in accordance with this Agreement, Sections 5.035.3, 5.04 5.4 and 5.05 5.5 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Lawalso, so long as any such amendment does not materially change the relative economic interests of the Partners, be amended at any time by the General Partner if necessary or desirable, as determined by the General Partner in its discretion, to comply with such regulations or any applicable Law.

Appears in 18 contracts

Samples: Limited Partnership Agreement (Ares Management Corp), Limited Partnership Agreement (Ares Management Corp), Exempted Limited Partnership Agreement (Ares Management Corp)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 10 contracts

Samples: Limited Partnership Agreement (Oaktree Capital Group, LLC), Limited Partnership Agreement (Oaktree Capital Group, LLC), Limited Partnership Agreement (Oaktree Capital Group, LLC)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. In addition to amendments effected in accordance with Section 11.12 or otherwise in accordance with this Agreement, Sections 5.03, 5.04 and 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Lawalso, so long as any such amendment does not materially change the relative economic interests of the PartnersMembers, be amended at any time by the Managing Member if necessary, in the opinion of tax counsel to the Company, to comply with such regulations or any applicable Law.

Appears in 9 contracts

Samples: Operating Agreement (Wm Technology, Inc.), Limited Liability Company Agreement, Limited Liability Company Agreement

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. In addition to amendments effected in accordance with Section 11.12 or otherwise in accordance with this Agreement, Sections 5.03, 5.04 and 5.05 may also, so long as any such amendment does not materially change the relative economic interests of the Partners, be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 8 contracts

Samples: Limited Partnership Agreement (Fifth Street Asset Management Inc.), Limited Partnership Agreement (Fifth Street Asset Management Inc.), Limited Partnership Agreement (Carlyle Group L.P.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections In addition to amendments effected in accordance with Section 11.12 or otherwise in accordance with this Agreement, Section 5.03, Section 5.04 and Section 5.05 may also, so long as any such amendment does not materially change the relative economic interests of the Partners, be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 5 contracts

Samples: Limited Partnership Agreement (Beneficient), Limited Partnership Agreement (Beneficient), Limited Partnership Agreement (Beneficient)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and Section 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership’s tax advisor, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Evercore Inc.), Limited Partnership Agreement (Evercore Partners Inc.), Limited Partnership Agreement (Evercore Partners Inc.)

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 10.2 to 10.5 may be amended at any time by the General Partner if necessary, to maintain substantial economic effect in the opinion of tax counsel to the Partnership, to comply accordance with such regulations or any applicable Lawto ensure that allocations are in accordance with the Partners’ interests in the Partnership, in each case as reasonably determined by the General Partner and so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Blackstone Infrastructure Strategies L.P.), Limited Partnership Agreement (Blackstone Infrastructure Strategies L.P.), Limited Partnership Agreement (Blackstone Private Equity Strategies Fund L.P.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.034.3, 5.04 7.1, 7.2 and 5.05 7.3 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 4 contracts

Samples: Limited Partnership Agreement (HFF, Inc.), Texas Limited Partnership Agreement (HFF, Inc.), Limited Partnership Agreement (HFF, Inc.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. In addition to amendments effected in accordance with Section 11.12 or otherwise in accordance with this Agreement, Sections 5.035.02, 5.03 and 5.04 and 5.05 may also, so long as any such amendment does not materially change the relative economic interests of the Partners, be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 3 contracts

Samples: Limited Partnership Agreement (PJT Partners Inc.), Limited Partnership Agreement (PJT Partners Inc.), Limited Partnership Agreement (PJT Partners Inc.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections In addition to amendments effected in accordance with Section 11.12 or otherwise in accordance with this Agreement, Section 5.03, Section 5.04 and Section 5.05 hereof may also, so long as any such amendment does not materially change the relative economic interests of the Partners, be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Summit Materials, Inc.), Limited Partnership Agreement (Summit Materials, Inc.), Limited Partnership Agreement (Summit Materials, Inc.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. In addition to amendments effected in accordance with Section 12.12 or otherwise in accordance with this Agreement, Sections 5.03, 5.04 and 5.05 may also, so long as any such amendment does not materially change the relative economic interests of the Partners, be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Carlyle Group L.P.), Limited Partnership Agreement (Carlyle Group L.P.), Limited Partnership Agreement (Carlyle Group L.P.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. In addition to amendments effected in accordance with Section 12.12 or otherwise in accordance with this Agreement, Sections 5.03, 5.03 and 5.04 and 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Lawalso, so long as any such amendment does not materially change the relative economic interests of the PartnersMembers, be amended at any time by the Managing Member if necessary, in the opinion of tax counsel to the Company, to comply with such regulations or any applicable Law.

Appears in 3 contracts

Samples: Business Combination Agreement (Spree Acquisition Corp. 1 LTD), Limited Liability Company Agreement (OPAL Fuels Inc.), Business Combination Agreement (ArcLight Clean Transition Corp. II)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.035.3, 5.04 5.4 and 5.05 5.5 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 3 contracts

Samples: Limited Partnership Agreement (Aveon Group L.P.), Limited Partnership Agreement (Aveon Group L.P.), Limited Partnership Agreement (Aveon Group L.P.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 may be amended at any time by the General Partner Manager if necessary, in the opinion of tax counsel to the PartnershipCompany, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the PartnersMembers.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Edgen Group Inc.), Limited Liability Company Operating Agreement (Edgen Group Inc.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.. ARTICLE VI

Appears in 2 contracts

Samples: Limited Partnership Agreement (Blackstone Group L.P.), Limited Partnership Agreement (Blackstone Group L.P.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03IV.C., 5.04 IV.D. and 5.05 IV.E. may be amended at any time by the General Partner Members if necessary, in the opinion of tax counsel to the PartnershipCompany, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the PartnersMembers.

Appears in 2 contracts

Samples: Operating Agreement (Convergence, LLC), Operating Agreement (Convergence, LLC)

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-§ 1.704- 1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.033.3, 5.04 3.4 and 5.05 3.5 may be amended at any time by the General Partner if reasonably necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partnersregulations.

Appears in 1 contract

Samples: Limited Partnership Agreement

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with U.S. Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 10.2 to 10.5 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (JER Investors Trust Inc)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections In addition to amendments effected in accordance with Section 11.12 or otherwise in accordance with this Agreement, Section 5.03, Section 5.04 and Section 5.05 may also, so long as any such amendment does not materially change the relative economic interests of the Partners, be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.. Section 5.10. Subclass 2

Appears in 1 contract

Samples: Limited Partnership Agreement (GWG Holdings, Inc.)

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Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 7.1 to 7.6 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the PartnershipGeneral Partner, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partnersregulations.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Xl Capital LTD)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership’s tax advisor, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (Evercore Partners Inc.)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1.704- 1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03IV.C., 5.04 IV.D. and 5.05 IV.E. may be amended at any time by the General Partner Members if necessary, in the opinion of tax counsel to the PartnershipCompany, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the PartnersMembers.

Appears in 1 contract

Samples: Operating Agreement (Convergence, LLC)

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. In addition to amendments effected in accordance with Section 14.12 or otherwise in accordance with this Agreement, Sections 5.037.2, 5.04 7.3 and 5.05 7.4 may also, so long as any such amendment does not materially change the relative economic interests of the Partners, be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (Prokidney Corp.)

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1.704 1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.034.2(c) to 4.2(f), 5.04 and 5.05 Sections 4.5 and 4.6 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the PartnershipPartnership or the General Partner, to comply with such regulations or any applicable Lawregulations, so long as any such amendment (a) does not materially change the relative economic interests of the Partners and (b) to the extent practicable in the General Partner’s reasonable judgment, applies consistently to all Limited Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement (Highbury Financial Inc)

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 10.2 to 10.5 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, necessary to comply with such regulations or any applicable Lawto ensure that allocations hereunder give economic effect to provisions of this Agreement, so long as provided that any such amendment does shall not materially change alter the relative pre-tax economic interests provisions of the Partnersthis Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (CDL Tender Fund 2022-1, L.P.)

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 10.1 to 10.5 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the Partners.

Appears in 1 contract

Samples: Limited Partnership Agreement

Other Allocation Provisions. Certain of the foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections In addition to amendments effected in accordance with Section 11.12 or otherwise in accordance with this Agreement, Section 5.03, Section 5.04 and Section 5.05 may also, so long as any such amendment does not materially change the relative economic interests of the Partners, be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partners.. 37

Appears in 1 contract

Samples: Limited Partnership Agreement

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 8.1 to 8.6 may be amended at any time by the General Partner Partner, if necessary, in the opinion of tax counsel to the PartnershipGeneral Partner, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partnersregulations.

Appears in 1 contract

Samples: Limited Partnership Agreement (Mellon Financial Corp)

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with United States Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 10.2 to 10.5 may be amended at any time by the General Partner if necessary, in the opinion of tax counsel to the Partnership, necessary to comply with such regulations or any applicable Law, so long as any to ensure that allocations hereunder give economic effect to provisions of this Agreement; provided that no such amendment does not shall materially change affect the relative economic interests return of any Partner without the Partnersprior written consent of such Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Corsair Capital LLC)

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-§ 1.704- 1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.030, 5.04 3.4 and 5.05 3.5 may be amended at any time by the General Partner if reasonably necessary, in the opinion of tax counsel to the Partnership, to comply with such regulations or any applicable Law, so long as any such amendment does not materially change the relative economic interests of the Partnersregulations.

Appears in 1 contract

Samples: Limited Partnership Agreement

Other Allocation Provisions. Certain of the The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 5.03, 5.04 and 5.05 4.1 to 4.4 may be amended at any time by the General Partner Managing Member if necessary, in the opinion of tax counsel to the PartnershipLLC, to comply with such regulations or any applicable Lawregulations, so long as any such amendment does not materially change the relative economic interests of the PartnersMembers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lehman Brothers Holdings E-Capital Trust I)

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