Common use of Income Tax Allocations Clause in Contracts

Income Tax Allocations. (i) Except as otherwise provided in this Section 6.1, each item of income, gain, loss and deduction of a Series shall be allocated among the Partners of such Series for U.S. federal income tax purposes in the same manner as such items are allocated under Sections 6.1(a), 6.1(b) and 6.1(c).

Income Tax Allocations. (i) Except as otherwise provided in this Section 6.1, each item of income, ,gain, loss and deduction of a Series shall be allocated among the Partners Members of such Series for U.S. federal income tax purposes in the same manner as such items are allocated under Sections 6.1(aSections6.1(a), 6.1(b) and 6.1(c).