Allocation of Net Losses. Subject to the provisions of Section 4.10, Net Losses for each Fiscal Year shall be allocated 1% to the General Partner and 99% to the Limited Partners.
Appears in 2 contracts
Sources: Agreement of Limited Partnership (Fairfield Inn by Marriott LTD Partnership), Limited Partnership Agreement (Fairfield Inn by Marriott LTD Partnership)
Allocation of Net Losses. Subject to the provisions of Section 4.10Sections 3.05F(iv) and 4.11, Net Losses for each Fiscal Year shall be allocated 175% to the General Partner and 9925% to the Limited Partners.
Appears in 1 contract
Sources: Limited Partnership Agreement (Marriott Hotel Properties Ii Limited Partnership)
Allocation of Net Losses. Subject to the provisions of Section 4.10, Net Losses for each Fiscal Year shall be allocated 175% to the General Partner and 9925% to the Limited Partners.
Appears in 1 contract
Sources: Agreement of Limited Partnership (Marriott Diversified American Hotels L P)