SECTION 704 Clause Samples
Section 704 typically refers to a provision in partnership agreements or tax codes that governs the allocation of income, gains, losses, deductions, and credits among partners. In practice, this clause outlines the method by which each partner's share of partnership items is determined, often requiring that allocations have substantial economic effect and comply with specific regulatory standards. Its core function is to ensure that tax and economic benefits or burdens are distributed fairly and in accordance with the partners' interests, thereby preventing manipulation or inequitable treatment among partners.
SECTION 704. Reports by Company ................................................. 48 ARTICLE EIGHT CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE
SECTION 704. Company to Furnish Trustee Names and Addresses of Holders..............................................58 (ii)
SECTION 704. Company to Furnish to Trustee Names and Addresses of Holders..............................37 ARTICLE EIGHT CONSOLIDATION, MERGER, SALE, LEASE OR CONVEYANCE
SECTION 704. Reports by Company....................................................................... 37
SECTION 704. Reports by Company and Subsidiary Guarantors................................................. 43 ARTICLE EIGHT Consolidation, Merger, Conveyance, Transfer or Lease
SECTION 704. Reports by Corporation............................. 47 ARTICLE EIGHT
SECTION 704. Company to Furnish Trustee Names and Addresses of Holders . . .52 ARTICLE EIGHT - CONSOLIDATION, MERGER, SALE, LEASE OR CONVEYANCE . . . . . . .52
SECTION 704. Reports by Corporation....................................................47 ARTICLE VIII. CONSOLIDATION, MERGER, CONVEYANCE OR TRANSFER.................................48
SECTION 704. CONSIDERATION OF PETITIONS
SECTION 704. Reports by Company . . . . . . . . . . . . . . . . . . ARTICLE EIGHT Consolidation, Merger, Conveyance or Transfer