Common use of Xxxxx Income Allocation Clause in Contracts

Xxxxx Income Allocation. In the event that any Partner has an Adjusted Capital Account Deficit at the end of any Fiscal Year (after taking into account allocations to be made under the preceding paragraphs hereof with respect to such Fiscal Year), each such Partner shall be specially allocated items of Partnership income and gain (consisting of a pro rata portion of each item of Partnership income, including gross income and gain for the Fiscal Year) in an amount and manner sufficient to eliminate, to the extent required by the Regulations, its Adjusted Capital Account Deficit.

Xxxxx Income Allocation. In the event that any Partner has an Adjusted Capital Account Deficit at the end of any Fiscal Partnership Year (after taking into account allocations to be made under the preceding paragraphs hereof with respect to such Fiscal Partnership Year), each such Partner shall be specially allocated items of Partnership income and gain (consisting of a pro rata portion of each item of Partnership income, including gross income and gain for the Fiscal Partnership Year) in an amount and manner sufficient to eliminate, to the extent required by the Regulations, its Adjusted Capital Account Deficit.

Xxxxx Income Allocation. In the event that any Partner has an Adjusted Capital Account Deficit at the end of any Fiscal Year or other relevant period (after taking into account allocations to be made under the preceding paragraphs hereof with respect to such Fiscal YearYear or period), each such Partner shall be specially allocated items of Partnership income and gain (consisting of a pro rata portion of each item of Partnership income, including gross income and gain for the Fiscal YearYear or period) in an amount and manner sufficient to eliminate, to the extent required by the Regulations, its Adjusted Capital Account Deficit.

Xxxxx Income Allocation. In the event that any Partner has an Adjusted Capital Account Deficit at the end of any Fiscal Year Partnership taxable year (after taking into account allocations to be made under the preceding paragraphs hereof with respect to such Fiscal Year), Partnership taxable year) each such Partner shall be specially allocated items of Partnership income and gain (consisting of a pro rata portion of each item of Partnership income, including gross income and gain for the Fiscal YearPartnership taxable year) in an amount and manner sufficient to eliminate, to the extent required by the Regulations, its Adjusted Capital Account Deficit.

Xxxxx Income Allocation. In the event that any Partner has an ------------------------ Adjusted Capital Account Deficit at the end of any Fiscal Partnership Year (after taking into account allocations to be made under the preceding paragraphs hereof with respect to such Fiscal Partnership Year), each such Partner shall be specially allocated items of Partnership income and gain (consisting of a pro rata portion of each item of Partnership income, including gross income and gain for the Fiscal Partnership Year) in an amount and manner sufficient to eliminate, to the extent required by the Regulations, its Adjusted Capital Account Deficit.

Xxxxx Income Allocation. In the event that any Partner has would have an Adjusted Capital Account Deficit at the end of any Fiscal Partnership Year (after tentatively taking into account allocations to be made under the preceding paragraphs hereof with respect to such Fiscal Partnership Year), each such Partner shall be specially allocated items of Partnership income and gain (consisting of a pro rata portion of each item of Partnership income, including gross income and gain for the Fiscal Yearsuch Partnership Year or, if insufficient, future Partnership Years) in an amount and manner sufficient to prevent or eliminate, to the extent required by the Regulations, its Adjusted Capital Account Deficit.