Partnership Nonrecourse Deductions. Partnership Nonrecourse Deductions for any taxable year or other period for which allocations are made will be allocated among the Partners in proportion to their respective Percentage Interests.
Partnership Nonrecourse Deductions. Partnership Nonrecourse Deductions (as determined under Treas. Reg. Section 1.704-2(c)) for any fiscal year shall be allocated among the Partners in proportion to their Partnership Interests.
Partnership Nonrecourse Deductions. Partnership Nonrecourse Deductions for any Fiscal Period shall be allocated 99% to the Limited Partners and 1% to the General Partner.
Partnership Nonrecourse Deductions. Partnership Nonrecourse Deductions for any Fiscal Year shall be specially allocated to the Partners in proportion to their Percentage Interests.
Partnership Nonrecourse Deductions. Loss attributable (under Treasury Regulation Section 1.704-2(c)) to "partnership nonrecourse liabilities" (within the meaning of Treasury Regulation Section 1.704-2(b)(1)) shall be allocated among the Partners in the same proportion as their respective Percentage Interests.
Partnership Nonrecourse Deductions. Partnership nonrecourse deductions for any Adjustment Period will be allocated among the partners in proportion to their respective Sharing Ratios.
Partnership Nonrecourse Deductions. Notwithstanding the allocations provided for in Section 4.1(a) and except as otherwise provided in this Section 4.1(b), any "Partnership Nonrecourse Deductions" (as defined in Treasury Regulation ss.1.704-2(c)) for any Fiscal Year shall be allocated to the Partners in accordance with their Distribution Percentages as provided under Treasury Regulation ss.1.704-2(e).
Partnership Nonrecourse Deductions. Partnership Nonrecourse Deductions for any Company fiscal year shall be allocated among the Members in accordance with the Members' percentage interests in Losses, as set forth in Section 5.2 above. This Paragraph C.2(a) is intended to comply with Regulations Section 1.704 2(e)(2) and shall be interpreted consistently therewith.
Partnership Nonrecourse Deductions. Partnership Nonrecourse Deductions for any taxable year or other period with respect to Partnership Property shall be allocated to the Limited Partner.
Partnership Nonrecourse Deductions. Nonrecourse Deductions for any fiscal year, or portion thereof, shall be allocated to the Members in proportion to the number of Units held by each of them.
