Common use of Timing of Additional Capital Contributions Clause in Contracts

Timing of Additional Capital Contributions. If additional Capital Contributions are made by any Partners on any day other than the first day of a Fiscal Year, then Net Income, Net Loss, each item thereof and all other items of income, gain, loss, deduction and credit allocable among Partners for such Fiscal Year, if necessary, shall be allocated among such Partners by taking into account their varying interests during the Fiscal Year in accordance with Code Section 706(d), using the “interim closing of the books” method or such other permissible method as reasonably determined by the General Partner.

Timing of Additional Capital Contributions. If additional Capital Contributions are made by any Partners on any day other than the first day of a Fiscal Year, then Net Income, Net Loss, each item thereof and all other items of income, gain, loss, deduction and credit allocable among Partners and Assignees for such Fiscal Year, if necessary, Year shall be allocated among such Partners and Assignees by taking into account their varying interests during the Fiscal Year in accordance with Code Section 706(d), using the “"interim closing of the books” " or "daily proration" method or such other another permissible method as reasonably determined selected by the General Partner.

Timing of Additional Capital Contributions. If additional Capital Contributions are made by any Partners a Partner on any day other than the first day of a Fiscal Partnership Year, then Net Income, Net Loss, each item thereof and all other items of income, gain, loss, deduction and credit allocable among Partners for such Fiscal Partnership Year, if necessary, shall be allocated among such Partners by taking into account their varying interests during the Fiscal Partnership Year in accordance with Code Section 706(d), using the “interim closing of the books” method or such other any permissible method as reasonably determined selected by the General Partner.