Common use of Tax Allocations Binding Clause in Contracts

Tax Allocations Binding. The Partners acknowledge that they are aware of the tax consequences of the allocations made by this Section 5.3 and hereby agree to be bound by the provisions of this Section 5.3 in reporting their respective shares of items of Partnership income, gain, loss, deduction and expense.

Appears in 6 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Equisource Hotel Fund I, LLP), Limited Partnership Agreement (CapSource Fund I, LP)

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Tax Allocations Binding. The Partners acknowledge that they are aware of the tax consequences of the allocations made by this Section 5.3 4.8 and hereby agree to be bound by the provisions of this Section 5.3 4.8 in reporting their respective shares of items of Partnership income, gain, loss, deduction and expense.

Appears in 1 contract

Samples: Limited Partnership Agreement (Alta Mesa Energy LLC)

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Tax Allocations Binding. The Partners acknowledge that they are aware of the tax consequences of the allocations made by this Section 5.3 6.3 and hereby agree to be bound by the provisions of this Section 5.3 6.3 in reporting their respective shares of items of Partnership Fund income, gain, loss, deduction and expense.

Appears in 1 contract

Samples: Limited Partnership Agreement

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