Common use of Section 704 Capital Accounts Clause in Contracts

Section 704 Capital Accounts. A "Section 704 Capital Account" (herein so called) shall be determined and maintained for each Partner throughout the term of the Agreement. The balance of a Partner's Section 704 Capital Account shall be equal to such Partner's Capital Account balance (as determined after giving effect to all adjustment attributable to allocations of Partnership income, gain, loss, deduction and credits and contributions and distributions of money and property effected prior to such determination), modified as follows:

Section 704 Capital Accounts. A "“Section 704 Capital Account" ” (herein so called) shall be determined and maintained for each Partner throughout the full term of the Agreement. The balance of a Partner's ’s Section 704 Capital Account shall be equal to such Partner's ’s Capital Account balance (as determined after giving effect to all adjustment adjustments attributable to allocations of Partnership incomeitems of profit and loss realized by the Partnership, gain, loss, deduction and credits and all adjustments attributable to contributions and distributions of money and property effected prior to effected, on or before the effective date of such determination), modified as follows:

Section 704 Capital Accounts. A "Section SECTION 704 Capital AccountCAPITAL ACCOUNT" (herein so called) shall be determined and maintained for each Partner throughout the term of the Agreement. The balance of a Partner's Section 704 Capital Account shall be equal to such Partner's Capital Account balance (as determined after giving effect to all adjustment attributable to allocations of Partnership income, gain, loss, deduction and credits and contributions and distributions of money and property effected prior to such determination), modified as follows: