Curative Allocation definition

Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xi).

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Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 4.1(d)(ix).

Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xi). “Current Market Price” has the meaning assigned to such term in Section 15.1(a).

Examples of Curative Allocation in a sentence

• The items included in the calculation of Net Profits shall be determined in accordance with Section 4.3.2 and shall not include any items specially allocated under Section 5.2. If an item of income, gain, loss or deduction that has been included in the initial computation of Net Profits is subsequently subjected to a Regulatory Allocation or a Curative Allocation, Net Profits or Net Loss, as the case may be, shall be recomputed without regard to such item.

• The Ceiling Rule Disparity, as described in Section 7(b), with respect to each Protected Property (other than the Democracy I property) shall be reduced by the amount of the Curative Allocation that is considered attributable to that Protected Property.

• The items included in the calculation of Net Loss shall be determined in accordance with Section 4.3.2 and shall not include any items specially allocated under Section 5.2. If an item of income, gain, loss or deduction that has been included in the initial computation of Net Loss is subsequently subjected to a Regulatory Allocation or a Curative Allocation, Net Profits or Net Loss, as the case may be, shall be recomputed without regard to such item.

• In furtherance thereof, an amount of gross rental income from the Property for each taxable year of SLGOP equal to the Curative Allocation Amount (as hereinafter defined) for such year and which would otherwise have been allocated to partners of SLGOP other than SCW Recipient for income tax purposes shall instead be allocated, solely for income tax purposes, to SCW Recipient.

• Any Curative Allocation made pursuant to this Section 8(D) shall be deemed to be a complete substitute for any allocation otherwise provided for in this Section 8 and no amendment to this Agreement shall be required.

More Definitions of Curative Allocation

Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(c)(ix).

Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xii). “Current Market Price” means, in respect of any class of Limited Partner Interests, as of the date of determination, the average of the daily Closing

Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xi). “Current Market Price” means, as of any date for any class of Limited Partner Interests, the average of the daily Closing Prices per Limited Partner

Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 4.1(c).

Curative Allocation. Any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 5.1.4.

Curative Allocation. The allocations set forth in Sections 6.01, 6.02 and 6.03 (the "REGULATORY ALLOCATIONS") comply with certain requirements of Section 1.704-1 and -2 of the Treasury Regulations. The Regulatory Allocations may not be consistent with the manner in which the Partners intend to allocate Profits or Losses or divide Partnership distributions. Accordingly, notwithstanding the other provisions of this Article 6, but subject to the Regulatory Allocations, the Profits and Losses and items of income, gain, deduction and losses of the Partnership may be allocated among the Partners so as to eliminate the effect of the Regulatory Allocations, and thereby to cause the respective Capital Accounts of the Partners to be in the amounts in which they would have been if Profits or Losses and such other amounts of income, gain, deduction and loss had been allocated without reference to the Regulatory Allocations. The General Partner shall have discretion to accomplish the result in any reasonable manner.

Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(e)(xi). `Current Market Price' as of any date for any class of Units listed or admitted to trading on any National Securities Exchange means the average of the daily Closing Prices per Unit of such class for the 20 consecutive Trading Days immediately prior to such date.