Common use of Allocation Rules Clause in Contracts

Allocation Rules. (a) For purposes of determining the profits, losses or any other items allocable to any period, profits, losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the General Partner using any method that is permissible under 706 of the Code and the Treasury Regulations thereunder. (b) The Partners are aware of the income tax consequences of the allocations made by this Article IV and hereby agree to be bound by the provisions of this Article IV in reporting their shares of Partnership income and loss for income tax purposes.

Allocation Rules. (a) For purposes of determining the profits, losses or any other items allocable to any period, profits, losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the General Partner in its sole and absolute discretion using any method that is permissible under Section 706 of the Code and the Treasury Regulations thereunder. (b) . The Partners are aware of the income tax consequences of the allocations made by this Article IV V and hereby agree to be bound by the provisions of this Article IV V in reporting their shares of Partnership income and loss for income tax purposes.

Allocation Rules. (a) For purposes of determining ----------------- the profits, losses or any other items allocable to any period, profits, losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the General Partner in its sole and absolute discretion using any method that is permissible under Section 706 of the Code and the Treasury Regulations thereunder. (b) . The Partners are aware of the income tax consequences of the allocations made by this Article IV V and hereby agree to be bound by the provisions of this Article IV V in reporting their shares of Partnership income and loss for income tax purposes.

Allocation Rules. (a) For purposes of determining the profits, losses or any other items allocable to any period, profits, losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the General Partner using any method that is permissible under (S) 706 of the Code and the Treasury Regulations thereunder. (b) The Partners are aware of the income tax consequences of the allocations made by this Article IV VIII and hereby agree to be bound by the provisions of this Article IV VIII in reporting their shares of Partnership income and loss for income tax purposes.