SAE Items. No Partnership-Owned SAE shall receive any allocation of any item of income, gain, loss, deduction or credit attributable to the Partnership’s ownership of stock of such SAE Subsidiary (such items, the “SAE Items”), and such SAE Items shall instead be specially allocated to the other Partnership-Owned SAEs in such manner as the General Partner may determine in order to preserve relative economics.
Appears in 2 contracts
Sources: Parent Agreement (BGC Partners, Inc.), Partnership Agreement (Newmark Group, Inc.)