Decreases in Capital Accounts. Each Partner's Capital Account shall be decreased by (i) the amount of cash and the fair market value of all property distributed to such Partner (net of liabilities assumed by the Partner or to which the property is subject) and (ii) that Partner's allocable share of losses and other items of deduction for federal income tax purposes (excluding any allocations made pursuant to Section 7.02 hereof).
Decreases in Capital Accounts. A Partner's Capital Account shall be decreased in the event that:
Decreases in Capital Accounts. Each Partner's Capital Account shall be decreased by (i) the amount of cash and the fair market value of all property distributed to such Partner (net of liabilities assumed by the Partner or to which the property is subject), (ii) that Partner's allocable share of losses and other items of deduction for federal income tax purposes (excluding any allocations made pursuant to Section 8.1(b) hereof), (iii) that Partner's allocable share of the unrealized loss attributable to property with respect to which an adjustment shall have been effected pursuant to subsection (d) or (e) below, and (iv) that Partner's allocable share of expenditures described in Section 705(a)(2)(B) of the Code.
