Partnership Year definition

Partnership Year means the fiscal year of the Partnership, which shall be the calendar year.

Partnership Year means the fiscal year of the Partnership, as set forth in Section 9.2 hereof.

Partnership Year means the fiscal year of the Partnership, which shall be the same as the tax year of the Partnership. The tax year shall be the calendar year unless otherwise required by the Code.

Examples of Partnership Year in a sentence

• Any Partner Nonrecourse Deductions for any Partnership Year shall be specially allocated to the Holder(s) who bears the economic risk of loss with respect to the Partner Nonrecourse Debt to which such Partner Nonrecourse Deductions are attributable, in accordance with Regulations Section 1.704-2(i).

• In the case of such admission on any day other than the first day of a Partnership Year, all items attributable to the General Partner Interest for such Partnership Year shall be allocated between the transferring General Partner and such successor as provided in Article 11.

• Net Income and Net Loss of the Partnership shall be determined and allocated with respect to each Partnership Year of the Partnership as of the end of each such year.

• Any Nonrecourse Deductions for any Partnership Year shall be specially allocated to the Holders in accordance with their respective Percentage Interests.

• The Partnership Year of the Partnership shall be the calendar year.

More Definitions of Partnership Year

Partnership Year means the fiscal year of the Partnership.

Partnership Year means the fiscal year of the Partnership and the Partnership’s taxable year for federal income tax purposes, each of which shall be the calendar year unless otherwise required under the Code.

Partnership Year has the meaning set forth in Section 9.2 hereof.

Partnership Year shall have the meaning ascribed to such term in Section 1.6.

Partnership Year means the calendar year.

Partnership Year means the fiscal year of the Partnership, which is the calendar year, as set forth in Section 9.2.

Partnership Year has the meaning set forth in Section 9.2.