Profits and Losses. “Profits” and “Losses” shall mean, for each fiscal year or other period, an amount equal to the Partnership’s taxable income or loss for such year or period, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 6 contracts
Samples: Costs and Expenses and Compensation (Graham Packaging Co Inc.), Venture Agreement (Penske Automotive Group, Inc.), Venture Agreement (Penske Automotive Group, Inc.)
Profits and Losses. “Profits” and “Losses” shall meanmeans, for each fiscal year Fiscal Year of the Company (or other periodperiod for which Profit or Loss must be computed), an amount equal to the PartnershipCompany’s taxable income or loss for such year or period, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Carey Watermark Investors Inc), Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)
Profits and Losses. “Profits” and “Losses” shall mean, for each fiscal taxable year or other periodportion of a taxable year, an amount equal to the PartnershipCompany’s taxable income or loss for such taxable year or periodportion of a taxable year, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.), Limited Liability Company Agreement (Penske Automotive Group, Inc.), Limited Liability Company Agreement (Penske Automotive Group, Inc.)
Profits and Losses. “Profits” and “Losses” shall mean, for each fiscal year or other period, an amount equal to the Partnership’s taxable income or loss for such year or period, determined in accordance with Section 703(a703 (a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a)(1703 (a) (1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 1 contract
Samples: Graham Packaging Acquisition Corp.
Profits and Losses. “Profits” " and “"Losses” " shall mean, for each any fiscal year or other period, an amount equal to the Partnership’s 's taxable income or loss for such year or period, determined in accordance with Code Section 703(a) of the Code (for this purpose, all items of income, gain, loss loss, or deduction required to be stated separately pursuant to Code Section 703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 1 contract
Samples: Gift Liquidators Inc
Profits and Losses. “Profits” " and “"Losses” shall mean" means, for each fiscal year or other period, an amount equal to the Partnership’s 's taxable income or loss for such year or period, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss loss, or deduction required to be stated separately pursuant to Section 703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 1 contract
Profits and Losses. “Profits” and “Losses” shall mean, for each fiscal year or other period, an amount equal to the Partnership’s taxable income or loss for such year or period, determined in accordance with Section 703(a703 (a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a)(1703(a)(l) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 1 contract
Samples: Agreement (Beverage Packaging Holdings (Luxembourg) IV S.a r.l.)
Profits and Losses. “ProfitsProfit” and “LossesLoss” shall meanmeans, for each fiscal year Fiscal Year of the Company (or other periodperiod for which Profit or Loss must be computed), an amount equal to the PartnershipCompany’s taxable income or loss for such year or period, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Carey Watermark Investors Inc)
Profits and Losses. “Profits” and “Losses” shall mean, for each fiscal taxable year or other periodportion of a taxable year, an amount equal to the Partnership’s taxable income or loss for such taxable year or periodportion of a taxable year, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 1 contract
Samples: Penske Automotive Group, Inc.
Profits and Losses. “Profits” " and “"Losses” " shall mean, for each fiscal year or other period, an amount equal to the Partnership’s 's taxable income or loss for such year or period, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 1 contract
Samples: Graham Packaging Holdings Co
Profits and Losses. “Profits” and “Losses” shall mean, means for each fiscal year or other period, an amount equal to the Partnership’s Company taxable income or loss for such year or period, determined in accordance with Section Code §703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section Code §703(a)(1) of the Code shall be included in taxable income or loss), with the following adjustments:
Appears in 1 contract
Samples: Operating Agreement