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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 Interests. 4.1.2 The Partnership's items of income, gain, loss and deductio
artners; (iv) The transferee has paid or agreed to pay all reasonable expenses relating to such admission; and (v) In the event of a transfer of Class A General Partnership Interests or Class B General Partnership Interests, a majority in interest of the Partners have provided written consent to the admission of such transferee
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 Interests. 4.1.2 The Partnership's items of income, gain, loss and deductio
d Partner's then existing Partnership Interests, as the case may be, in4he-sele-chseretien-ef-sush-Glass-A-Genecal- • ' Partners-being converted to Class A General Partnership Interests in the sole discretion of the then serving Class A General Partners. As conditions precedent to a designated Class B General Partner or a designate
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 Interests. 4.1.2 The Partnership's items of income, gain, loss and deductio
artners; (iv) The transferee has paid or agreed to pay all reasonable expenses relating to such admission; and (v) In the event of a transfer of Class A General Partnership Interests or Class B General Partnership Interests, a majority in interest of the Partners have provided written consent to the admission of such transferee
Entities connected to both Accounting Period and Class A General Partnership Interests
Reliance
ORGANIZATIONAllocation of Profits and Losses
ORGANIZATIONthe Offered Interests
ORGANIZATIONthe Person or Persons
ORGANIZATIONPurchase
LOCATIONOccasioning Dissolution
LOCATIONthe Offer Price
ORGANIZATIONFederal, State
ORGANIZATIONAllocation of Profits
ORGANIZATIONNet Profit
ORGANIZATIONthe United States Treasury
LOCATIONNet Profit and Net Loss
ORGANIZATIONUniform Transfers to Minors Act
ORGANIZATIONCertificate of Formation
ORGANIZATIONthe Treasury Regulations
ORGANIZATIONLeon Black
PERSONLimited Partner's Partnership Interests
ORGANIZATIONWithdrawing Partner
PERSON
Wilmington
LOCATIONElysium Management LLC
ORGANIZATION