Common use of Special Cost Recovery Deductions Clause in Contracts

Special Cost Recovery Deductions. For any taxable period ending after the effective time of the transactions contemplated by the Contribution Agreement, any and all cost recovery deductions available to the Partnership with respect to the underlying Partnership assets attributable to the increase in the Capital Account of the General Partner pursuant to the Contribution Agreement (the “GP Assets”) may, at the General Partner’s discretion, in whole or in part, be allocated to the General Partner until the portion of the Capital Account attributable to the GP Assets is reduced to zero.