Allocation of Profits and Losses
ORGANIZATIONthe Withdrawing Partner's Partnership Interest
ORGANIZATION3
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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
hdraw from the Partnership pursuant to Section 6.5.1 (the "Withdrawing Partner"), the Class B General Partners may, but are not required to, redeem the Withdrawing Partner's Partnership Interest, in whole or in part, by distributing assets to such Withdrawing Partner, the fair market value of which is to be determined by the Class B General
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
hdraw from the Partnership pursuant to Section 6.5.1 (the "Withdrawing Partner"), the Class B General Partners may, but are not required to, redeem the Withdrawing Partner's Partnership Interest, in whole or in part, by distributing assets to such Withdrawing Partner, the fair market value of which is to be determined by the Class B General
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
hdraw from the Partnership pursuant to Section 6.5.1 (the "Withdrawing Partner"), the Class B General Partners may, but are not required to, redeem the Withdrawing Partner's Partnership Interest, in whole or in part, by distributing assets to such Withdrawing Partner, the fair market value of which is to be determined by the Class B General
Entities connected to both Allocation of Profits and Losses and the Withdrawing Partner's Partnership Interest
Accounting Period
ORGANIZATIONReliance
ORGANIZATIONthe Offered Interests
ORGANIZATIONAllocation of Profits
ORGANIZATIONLeon Black
PERSONOccasioning Dissolution
LOCATIONthe Offer Price
ORGANIZATIONFederal, State
ORGANIZATIONPurchase
LOCATIONNet Profit
ORGANIZATIONthe United States Treasury
LOCATIONNet Profit and Net Loss
ORGANIZATIONUniform Transfers to Minors Act
ORGANIZATIONCertificate of Formation
ORGANIZATIONthe Person or Persons
ORGANIZATIONthe Treasury Regulations
ORGANIZATIONLimited Partner's Partnership Interests
ORGANIZATIONWithdrawing Partner
PERSON
Wilmington
LOCATIONElysium Management LLC
ORGANIZATION