Common use of Allocations for Capital Account Purposes Clause in Contracts

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company's items of income, gain, loss and deduction (computed in accordance with Section 4.3(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided hereinbelow.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Eott Energy Finance Corp), Limited Liability Company Agreement (Eott Energy LLC), Limited Liability Company Agreement (Eott Energy LLC)

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Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company's ’s items of income, gain, loss and deduction (computed in accordance with Section 4.3(b)Exhibit B) shall be allocated among the Members in each taxable year Fiscal Year (or portion thereof) as provided hereinbelowherein below.

Appears in 2 contracts

Samples: Contribution Agreement (Trizec Properties Inc), Limited Liability Company Agreement (Trizec Properties Inc)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company's items of income, gain, loss and deduction (computed in accordance with Section 4.3(b4.04(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided hereinbelowherein below.

Appears in 2 contracts

Samples: Parent Company Agreement (El Paso Corp/De), Limited Liability Company Agreement (El Paso Corp/De)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company's items of income, gain, loss and deduction (computed in accordance with Section 4.3(b4.06(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided hereinbelowherein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (El Paso Energy Partners Lp)

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Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company's items of income, gain, loss and deduction (computed in accordance with Section 4.3(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided hereinbelowherein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ameritrade Holding Corp)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the Company's items of income, gain, loss loss, deduction, Simulated Depletion, Simulated Gain and deduction Simulated Loss (computed in accordance with Section 4.3(b5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided hereinbelowherein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Legacy Reserves L P)

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