Imputed Interest. To the extent the Partnership has taxable interest income or deduction with respect to any obligation of a Partnership Unit Holder to the Partnership pursuant to Section 483, Sections 1271 through 1288, or Section 7872 of the Code: (i) Such interest income or deduction shall be specially allocated to the Partnership Unit Holders to whom such obligation relates; and (ii) The amount of such interest income or deduction shall be excluded from the Capital Contributions credited or debited to such Partnership Unit Holder’s Capital Account in connection with payments of principal with respect to such obligations.
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Sources: Limited Partnership Agreement (Artisan Partners Asset Management Inc.), Limited Partnership Agreement (Artisan Partners Asset Management Inc.), Limited Partnership Agreement (Artisan Partners Asset Management Inc.)