Common use of General Allocations Clause in Contracts

General Allocations. Subject to the terms of any Partnership Unit Designation, and except as otherwise provided in this Article 6 and subject to Section 11.6C hereof, all Net Income and Net Loss of the Partnership for any relevant Fiscal Year (or other taxable year or taxable period) will be allocated as follows:

Appears in 7 contracts

Samples: Agreement (Aimco OP L.P.), Aimco Properties L.P., Aimco OP L.P.

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General Allocations. Subject to the terms of any Partnership Unit Designation, and except as otherwise provided in this Article 6 and subject to Section 11.6C 11.6.C hereof, all Net Income and Net Loss shall be allocated to each of the Holders of Partnership for any relevant Common Units in accordance with their respective Partnership Common Units at the end of each Fiscal Year (or other taxable year or taxable period) will be allocated as follows:Year.

Appears in 5 contracts

Samples: Apartment Investment & Management Co, Apartment Investment & Management Co, Aimco Properties Lp

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