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state or local taxing authority of such amounts as may be necessary to discharge such Partner's income tax liability (including but not limited to Federal, State, local or otherwise) and (ii) if such Partner is under the age of majority, to a custodian on behalf of such Partner. 5.2 Distributions Upon Windi
ship or subject such Partner to any greater proportion of losses which the Partnership may sustain. ARTICLE IV ALLOCATION OF PROFIT AND LOSS 4.1 Allocation of Profits and Losses. 4.1.1 The Partnership's Net Profit and Net Loss for any Accounting Period shall be allocated among the Partners in proportion to their Percentage
state or local taxing authority of such amounts as may be necessary to discharge such Partner's income tax liability (including but not limited to Federal, State, local or otherwise) and (ii) if such Partner is under the age of majority, to a custodian on behalf of such Partner. 5.2 Distributions Upon Windi
ship or subject such Partner to any greater proportion of losses which the Partnership may sustain. ARTICLE IV ALLOCATION OF PROFIT AND LOSS 4.1 Allocation of Profits and Losses. 4.1.1 The Partnership's Net Profit and Net Loss for any Accounting Period shall be allocated among the Partners in proportion to their Percentage
state or local taxing authority of such amounts as may be necessary to discharge such Partner's income tax liability (including but not limited to Federal, State, local or otherwise) and (ii) if such Partner is under the age of majority, to a custodian on behalf of such Partner. 5.2 Distributions Upon Windi
ship or subject such Partner to any greater proportion of losses which the Partnership may sustain. ARTICLE IV ALLOCATION OF PROFIT AND LOSS 4.1 Allocation of Profits and Losses. 4.1.1 The Partnership's Net Profit and Net Loss for any Accounting Period shall be allocated among the Partners in proportion to their Percentage
y state or local taxing authority of such amounts as may be necessary to discharge such Member's income tax liability (including but not limited to Federal, State, local or otherwise) and (ii) if such Member is under the age of majority, to a custodian on behalf of such Member. 5.2 Distributions Upon Winding
Company or subject such Member to any greater proportion of losses which the Company may sustain. ARTICLE IV ALLOCATION OF PROFIT AND LOSS 4.1 Allocation of Profits and Losses. 4.1.1 The Company's Net Profit and Net Loss for any Accounting Period shall be allocated among the Members in proportion to their Percentage Inter
Entities connected to both Federal, State and Allocation of Profits and Losses
the State of New York
LOCATION
United States
LOCATIONLeon Black
PERSON
New York
LOCATIONAccounting Period
ORGANIZATIONReliance
ORGANIZATIONthe Offered Interests
ORGANIZATIONAllocation of Profits
ORGANIZATIONCertificate of Formation
ORGANIZATIONOccasioning Dissolution
LOCATIONNet Profit
ORGANIZATION
New York State
LOCATIONUniform Transfers to Minors Act
ORGANIZATIONthe Offer Price
ORGANIZATIONthe United States Treasury
LOCATIONthe Person or Persons
ORGANIZATIONthe Treasury Regulations
ORGANIZATIONNet Profit and Net Loss
ORGANIZATIONPurchase
LOCATIONthe "Service
ORGANIZATION