assume or take subject to under Code Section 752). (c) Allocations to the Member of Lasses Id) Allocations to the Member of deductions, expenses, Nonrecoarse Deductions and net losses allocated to him pursuant to this Agreement, and the Member's share of Company expenditures which are neither deductible

asswnc or take subjcul to under Cotle Section 752!. ) Allocatiors c the Member of Luses. td) Allocatiork'shi 11-4 Member of deductions, expenses, Nonrecoarse Deductions and net losses allocanxi to him pursuant to this Agreement, and the Member's share of f:ompany expenditures which are neither deductibl