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e of 1986, as amended, or the corresponding provisions of any successor statute. "Eligible Person" means (i) any Person who is then a Partner; (ii) Leon D. Black ("LDB"); (iii) a descendant of LDB ("LDB Descendant"); (iv) the spouse (including a same sex spouse) of any Partner, LDB or LDB Descendant; (v) a d
i) any Person who is then a Partner; (ii) Leon D. Black ("LDB"); (iii) a descendant of LDB ("LDB Descend
ners pursuant to this Agreement. 4.2.2 Notwithstanding any other provision of this Article IV, no Partner shall be allocated in any Fiscal Year of the Partnership any Net Loss to the extent such allocation would cause or increase a deficit balance in such Partner's Capital Account, determined after taking into account all
e of 1986, as amended, or the corresponding provisions of any successor statute. "Eligible Person" means (i) any Person who is then a Partner; (ii) Leon D. Black ("LDB"); (iii) a descendant of LDB ("LDB Descendant"); (iv) the spouse (including a same sex spouse) of any Partner, LDB or LDB Descendant; (v) a d
i) any Person who is then a Partner; (ii) Leon D. Black ("LDB"); (iii) a descendant of LDB ("LDB Descend
ners pursuant to this Agreement. 4.2.2 Notwithstanding any other provision of this Article IV, no Partner shall be allocated in any Fiscal Year of the Partnership any Net Loss to the extent such allocation would cause or increase a deficit balance in such Partner's Capital Account, determined after taking into account all
e of 1986, as amended, or the corresponding provisions of any successor statute. "Eligible Person" means (i) any Person who is then a Partner; (ii) Leon D. Black ("LDB"); (iii) a descendant of LDB ("LDB Descendant"); (iv) the spouse (including a same sex spouse) of any Partner, LDB or LDB Descendant; (v) a d
i) any Person who is then a Partner; (ii) Leon D. Black ("LDB"); (iii) a descendant of LDB ("LDB Descend
ners pursuant to this Agreement. 4.2.2 Notwithstanding any other provision of this Article IV, no Partner shall be allocated in any Fiscal Year of the Partnership any Net Loss to the extent such allocation would cause or increase a deficit balance in such Partner's Capital Account, determined after taking into account all
Entities connected to both Leon Black and the Partnership any Net Loss
Elysium Management LLC
ORGANIZATION
Wilmington
LOCATIONFederal, State
ORGANIZATIONNarrows Holdings
ORGANIZATIONReliance
ORGANIZATIONPurchase
LOCATIONthe United States Treasury
LOCATIONthe Person or Persons
ORGANIZATIONNet Profit
ORGANIZATIONNet Profit and Net Loss
ORGANIZATIONthe Offered Interests
ORGANIZATIONthe Offer Price
ORGANIZATIONAllocation of Profits
ORGANIZATIONCertificate of Formation
ORGANIZATIONAccounting Period
ORGANIZATIONEach Partner's
ORGANIZATIONCorporation Services Company
ORGANIZATIONOccasioning Dissolution
LOCATIONUniform Transfers to Minors Act
ORGANIZATIONthe Treasury Regulations
ORGANIZATION