Partnership Year definition

Partnership Year means the fiscal year of the Partnership, which shall be the calendar year.
Partnership Year means the fiscal year of the Partnership, as set forth in Section 9.2 hereof.
Partnership Year has the meaning set forth in Section 9.2 hereof.

Examples of Partnership Year in a sentence

  • Any Partner Nonrecourse Deductions for any Partnership Year shall be specially allocated to the Holder(s) who bears the economic risk of loss with respect to the Partner Nonrecourse Debt to which such Partner Nonrecourse Deductions are attributable, in accordance with Regulations Section 1.704-2(i).

  • Any Nonrecourse Deductions for any Partnership Year shall be specially allocated to the Holders in any permissible manner determined by the General Partner.

  • The Partnership Year of the Partnership shall be the calendar year.

  • To the extent that REIT Payments may not be made in a Partnership Year as a consequence of the limitations set forth in this Section 16.11, such REIT Payments shall carry over and shall be treated as arising in the following Partnership Year if such carry over does not adversely affect the REIT Partner’s ability to qualify as a REIT.


More Definitions of Partnership Year

Partnership Year shall have the meaning ascribed to such term in Section 1.6.
Partnership Year means the calendar year.
Partnership Year means the taxable year of the Partnership, which shall be the fiscal year ending December 31, until such time as the Code requires a change of the taxable year.
Partnership Year means the fiscal year of the Partnership, which ---------------- shall end on the Friday falling closest to December 31 of each year.
Partnership Year means a period of one year with the first Partnership Year commencing as of the date the Investor Partners are first admitted to the Partnership and ending immediately prior to the anniversary of such date and with each succeeding Partnership Year commencing as of the anniversary of such date and ending immediately prior to the next succeeding anniversary date.
Partnership Year means the Partnership’s taxable year or any shorter period for which Partnership profits and losses are allocated.
Partnership Year means the fiscal year of the Partnership, which shall be the calendar year. “Payment Deferral” has the meaning assigned to such term in Section 4.13(g)(ii).