Net Income and Net Loss. The terms “Net Income” and “Net Loss” shall mean, for each taxable year or other period, an amount equal to the Partnership’s taxable income or loss for such year or period, determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss, or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments:
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Samples: Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.), Limited Partnership Agreement (Investment Grade R.E. Income Fund, L.P.)
Net Income and Net Loss. The As used herein, the terms “Net Income” and “Net Loss” shall mean, for each taxable year or other relevant period, an amount equal to the Partnership’s taxable income or loss of the Company for such year or period, period determined in accordance with Code Section section 703(a) of the Internal Revenue Code (for this purpose, all including items of income, gain, loss, or deduction required to be separately stated separately pursuant to Code Section section 703(a)(1) shall be included in taxable income or lossof the Internal Revenue Code), with subject to the following adjustments:
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