Common use of Operating loss Clause in Contracts

Operating loss. For each Taxable Year, Operating Loss shall be allocated 92% to the Class A Interest Holder, 7% to the Class B Interest Holders and 1% to the General Partner.

Operating loss. For each Taxable Year, Operating Loss shall be allocated 9294% to the Class A Interest Holder, 75% to the Class B Interest Holders and 1% to the General Partner.