Other Allocations Rules. (a) In the event additional Partners are admitted to the Partnership on different dates during any fiscal year, or their interests in the Partnership otherwise vary during the year, the Profits (or Losses) may be allocated to the Partners in accordance with Section 706, of the Code, or rules comparable to those allowed by Section 706 of the Code, using any convention permitted by law and selected by the General Partner.
Appears in 13 contracts
Samples: Partnership Agreement (Synergy Brands Inc), Partnership Agreement (American Banknote Corp), Partnership Agreement (Miller Lloyd I Iii)