Timing and Amount of Allocations of Net Income and Net Loss. Subject to the allocation rules of Section 6.2, Net Income or Net Loss for any Partnership year shall be allocated among Partners in proportion to their respective Percentage Interests.
Appears in 5 contracts
Samples: Limited Partnership Agreement (Hot Springs Cottages Owner, LLC), Limited Partnership Agreement (Omega Healthcare Investors Inc), Limited Partnership Agreement (Aviv Reit, Inc.)
Timing and Amount of Allocations of Net Income and Net Loss. (a) Subject to the allocation rules of Section 6.26.2 hereof, Net Income or for any Partnership year shall be allocated among Partners in proportion to their respective Percentage Interests.
(b) Subject to the allocation rules of Section 6.2 hereof, Net Loss for any Partnership year shall be allocated among Partners in proportion to their respective Percentage Interests.
Appears in 1 contract
Samples: Limited Partnership Agreement (Bellingham II Associates, L.L.C.)
