Capital Account definition

Capital Account has the meaning provided in Section 4.4 hereof.
Capital Account means, with respect to any Member, the Capital Account maintained for such Member in accordance with the following provisions:
Capital Account means the capital account maintained for a Partner pursuant to Section 5.5. The “Capital Account” of a Partner in respect of any Partnership Interest shall be the amount that such Capital Account would be if such Partnership Interest were the only interest in the Partnership held by such Partner from and after the date on which such Partnership Interest was first issued.

Examples of Capital Account in a sentence

  • The Company will maintain a Capital Account for each Member on a cumulative basis in accordance with federal income tax accounting principles.


More Definitions of Capital Account

Capital Account means with respect to any Partner, the Capital Account maintained for such Partner in accordance with the following provisions:
Capital Account has the meaning set forth in Section 3.04 hereof.
Capital Account means the capital account maintained for a Member pursuant to Section 3.2.
Capital Account for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).
Capital Account means, with respect to any Partner, the Capital Account maintained for such Partner in accordance with the following provisions:
Capital Account means the capital account maintained for a Partner pursuant to Section 5.2.
Capital Account means the capital account maintained for each Unitholder in accordance with Section 2.4.