Allocation of Gain or Loss on Sale of Property



If any Partnership property is sold or otherwise disposed of by the partnership (Partnership), and a gain is realized, all or part of which reflects depreciation deductions previously taken for such property, then that portion of the gain attributable to such depreciation deductions shall be allocated among the Partners in the same manner as the depreciation deductions were allocated. All other gain and all loss shall be allocated among the Partners in the same manner as profits and losses are allocated under Paragraph ........ of this Agreement.