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. (B) Cash Flo~v. • ~ .
The term "cash flow" as used herein
shall mean and include for each f iscal yezr the sw~n de- ~
terr.iined as follo~~rs :
(i) Profits or Iosses of the Partner-
ship for financial stater~ent purposes as de=ined
3.n "-(A) " derived from the o:.•nership and opera-
tion of.the Project shall f~rst b~ comauted, ~r~r.
. (ii) There shall be addsd back all ~
_ depreciation for the f iscal year de~v?cte3 ~a
~ ~ computing the aforesaid pro~its andlosses (in-
cluding, but not limited to, depreciation of ~
~ buildings, improvements and personalty, and ;
amortization of leasehold improvements, if ap-
plicable); and
~~(iii) There shall be added any reserves
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no longer necessary to the extent subtracted in
any prior year ~-s deternrination; and
(iv) There shall be subtracted all
mortgage amort~zation durinq such fiscal year; and
~v) There shall be subtracted the sum ~
of additions to a reasonable,reserve for replace-
• ments and for working capital needs and for con-
tingencies of the Partnership, if and to the exten~
the General Partner shal~. reasonably deem it r.eces-
sary or advisable to establish and maintain such
a reserve. -
sao~ 244 P~~1856
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