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7.1.6. "Invested Capital Balance" shall be the amount of a Partner's Invested Capital, plus the amount of any additional capital contributed by such Partner and reduced by the amount of cash distributed to such Partner pursuant to any provision of Paragraph 7.10 (entitled "Distributions of Cash from Operations "), Paragraph 7.11 (entitled Distribution of Cash from Capital Event) and subparagraph 113.3. 7.2. Allocation of Losses. For all Accounting Periods on a cumulative basis, except as otherwise specifically provided in this Agreement (including without limitation the provisions of Paragraphs 7.5 [entitled "Minimum Gain "], 7.6 [entitled "Recourse Debt Loss Allocation "]), 7.8 [entitled "Qualified Income Offset "], 7.12 [entitled "Allocations for Contributed Property; IRC Section 754 Adjustments "] and 7.15 [entitled "Revaluation Adjustment "]) (collectively such Paragraphs 7.5, 7.6, 7.8, 7.12 and 7.15 allocations shall be referred to as the "Required Allocations "), all losses (including all expense items separately stated on the Partnership's tax return) of the Partnership shall be allocated to the Partners in proportion to their then Partnership's Interests as set forth on Exhibit "A ". 7.3. Allocation of Profits. For each Accounting Period, except as otherwise specifically provided in this Agreement (including without limitation the provisions of Paragraphs 7.5 [entitled "Minimum Gain "], 7.7 [entitled "Allocation of Ordinary Income "], 7.8 [entitled "Qualified Income Offset "], 7.12 [entitled "Allocations for Contributed Property; IRC Section 754 Adjustments "] and 7.15 [entitled "Revaluation Adjustment "]), all profits and gains (collectively "profits ") (including all income items separately stated on the Partnership's tax return) of the Partnership shall be allocated to the Partners as follows: 7.3.1. First, if profits arise from the sale or other disposition of property with respect to which an investment tax credit was previously claimed, profits equal to the amount by which the basis of such property was reduced as a result of such claimed investment tax credit shall be allocated among the Partners in the same manner as such investment tax credit was previously allocated; 7.3.2. Second, to the same Partners, in the same amounts and in the same order of allocation as losses were theretofore allocated pursuant to Paragraph 7.2 (entitled "Allocation of Losses ") and the Required Allocations, less the amount, if any, of profits previously allocated under this subparagraph 73.2 and /or the Required Allocations; and 7.3.3. Thereafter, to the Partners in proportion to their then Partnership Interests as set forth on Exhibit "A ". 7.3.4, Notwithstanding anything to the contrary contained in this Agreement and except as provided in subparagraph 7.5.2 and 7.8.1, in the event any profits from the sale or other disposition of all or any portion of the Partnership's assets constitute interest income (including "imputed interest "), such interest income, for each year, shall be allocated among the Partners pro rata based upon the amount of deferred principal proceeds (exclusive of "imputed interest ") received by each of the Partners pursuant to Paragraph 7.10 (entitled "Distributions of 1nitlal LP Agteement - Santa Ana 9.1.159.1.15 5 80A -104