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 Regulation Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Blackstone Group L.P.), Exempted Limited Partnership Agreement (Blackstone Group 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 Regulation Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations. Sections 2 to 5 hereof may be amended at any time by the General Partner if necessary to comply with such Treasury Regulations or to ensure that allocations hereunder give economic effect to provisions of this Agreement.
Appears in 2 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement
