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 3.6(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Fortress Investment Group LLC), Limited Liability Company Agreement (Fortress Investment Group LLC), Limited Liability Company Agreement (Fortress Transportation & Infrastructure Investors 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 3.6(b5.5(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.), Limited Liability Company Agreement (Copano Energy, L.L.C.), Operating Agreement (U S Timberlands Klamath Falls LLC)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselvesAccounts, the Company’s items of income, gain, loss and deduction (computed in accordance with Section 3.6(b4.2(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Vine Resources Inc.), Production Marketing Agreement (Sanchez Energy Corp), Limited Liability Company Agreement (Sanchez Energy 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 and deduction (computed in accordance with Section 3.6(b3.4(b)) shall be allocated among the Members in each taxable year (or portion thereofthereof (an “allocation period”) as provided herein below.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Williams Partners L.P.), Purchase and Sale Agreement (Williams Partners L.P.), Limited Liability Company Agreement (Williams Partners L.P.)

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 3.6(b5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Atlas Energy Group, LLC), Operating Agreement (Atlas Energy Resources, LLC), Limited Liability Company Agreement (Linn Energy, LLC)

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 3.6(b5.3(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Linn Energy, LLC), Limited Liability Company Agreement (Vanguard Natural Resources, LLC), Limited Liability Company Agreement (Vanguard Natural Resources, LLC)

Allocations for Capital Account Purposes. For (a) Except as otherwise set forth in Section 5.1(b), 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 3.6(b)) for any fiscal year shall be allocated among and charged to the Members in each taxable year to cause, to the extent possible, the positive Capital Account balances of the Members (or portion thereofas adjusted to reflect all allocations under Section 5.1(b) and all distributions through the end of such fiscal year) to equal, as provided herein below.nearly as possible:

Appears in 3 contracts

Samples: Contribution Agreement (American Midstream Partners, LP), Limited Liability Company Agreement (American Midstream Partners, LP), Contribution Agreement (Southcross Energy Partners, L.P.)

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, and deduction credit (computed in accordance with Section 3.6(b5.3(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (First Solar, Inc.), Limited Liability Company Agreement (Sunpower Corp), Limited Liability Company Agreement (8point3 Energy Partners LP)

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 3.6(b)Exhibit B) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 3 contracts

Samples: Operating Agreement (Broadstone Net Lease, Inc.), Operating Agreement (Broadstone Net Lease, Inc.), Limited Liability Company Agreement (Welltower OP LLC)

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 3.6(b3.7(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Gyrodyne Co of America Inc), Limited Liability Company Agreement (Gyrodyne, LLC)

Allocations for Capital Account Purposes. For Except as otherwise set forth in Section 6.01(b), 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 shall be allocated and charged to the Members in accordance with Section 3.6(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein belowtheir respective Sharing Ratios.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Williams Partners L.P.), Limited Liability Company Agreement (Williams Partners L.P.)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselvesAccounts, the Company’s items of income, gain, loss and deduction (computed in accordance with Section 3.6(bB1.2(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Crestwood Midstream Partners LP), Limited Liability Company Agreement (Inergy Storage, 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 loss, deduction, amount realized and deduction Simulated Gain (computed in accordance with Section 3.6(b5.3(b)) for each taxable period shall be allocated among the Members, and the Capital Accounts of the Members in each taxable year (or portion thereof) shall be adjusted for Simulated Depletion and Simulated Loss, as provided herein below.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Viper Energy Partners LP), Limited Liability Company Agreement (Kimbell Royalty Partners, LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among between themselves, the Company’s items of income, gain, loss and deduction (computed in accordance with Section 3.6(b3.4(b)) shall be allocated among between the Members in each taxable year (or portion thereofthereof (an “allocation period”) as provided herein below.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (DCP Midstream Partners, LP), Limited Liability Company Agreement (DCP Midstream Partners, LP)

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 3.6(b3.3(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Duff & Phelps Corp), Limited Liability Company Agreement (Duff & Phelps 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 and deduction (computed in accordance with Section 3.6(b5.5(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Operating Agreement (Niska Gas Storage Partners LLC), Operating Agreement (Niska Gas Storage Partners LLC)

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 3.6(b4.04(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Enterprise Products Partners L P), Limited Liability Company Agreement (Enterprise Products Partners L P)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the CompanyMember’s items of income, gain, loss and deduction (computed in accordance with Section 3.6(b)Exhibit B) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Jernigan Capital, Inc.), Limited Liability Company Agreement (Nexpoint Diversified Real Estate Trust)

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, and deduction amount realized (computed in accordance with Section 3.6(b5.3(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein belowMembers.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Rattler Midstream Lp), Limited Liability Company Agreement (Rattler Midstream Lp)

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 3.6(b4.5(b)) shall will be allocated among the Members in for each taxable year (or portion thereof) as provided herein below.:

Appears in 2 contracts

Samples: Acknowledgment and Acceptance Agreement (El Paso Corp/De), Acknowledgment and Acceptance Agreement (Enterprise Products Partners L P)

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 LLC's items of income, gain, loss and deduction (computed in accordance with Section 3.6(b)Exhibit B hereof) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kimco Realty 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 and deduction (computed in accordance with Section 3.6(b5.5(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)

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 3.6(b4.5(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Heckmann CORP)

Allocations for Capital Account Purposes. For (a) Except as otherwise set forth in Section 5.1(b), 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 3.6(b)) shall be allocated among and charged to the Members to cause, to the extent possible, the positive Capital Account balances of the Members to be in each taxable year (or portion thereof) the same proportion as provided herein belowtheir respective Sharing Ratios.

Appears in 1 contract

Samples: Limited Liability Company Agreement (American Midstream Partners, LP)

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 3.6(b5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Valero Gp Holdings LLC)

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 3.6(b5.5(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Copano Energy, L.L.C.)

Allocations for Capital Account Purposes. For 3. Except as otherwise set forth in Section 5.1(b), 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 3.6(b)) for any fiscal year shall be allocated among and charged to the Members in each taxable year to cause, to the extent possible, the positive Capital Account balances of the Members (or portion thereofas adjusted to reflect all allocations under Section 5.1(b) and all distributions through the end of such fiscal year) to equal, as provided herein below.nearly as possible:

Appears in 1 contract

Samples: Limited Liability Company Agreement (American Midstream Partners, LP)

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 Profit and deduction (computed in accordance with Section 3.6(b)) Loss shall be allocated among the Members in each taxable year period (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TransMontaigne Partners L.P.)

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 3.6(b)Exhibit B hereof) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Reckson Operating Partnership 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 3.6(b5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein belowhereinbelow.

Appears in 1 contract

Samples: Company Agreement (Enterprise Products Partners L P)

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 3.6(b4.6(b)) shall be allocated among the Members in each taxable year (or portion thereof) Fiscal Year as provided herein below.follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ensource Energy Income Fund LP)

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 3.6(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Och Daniel)

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, and deduction credit (computed in accordance with Section 3.6(b‎Section 5.3(b)) for each taxable period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sunpower 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 's items of income, gain, loss and deduction (computed in accordance with Section 3.6(b5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Copano Energy, L.L.C.

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 30 Simulated Loss (computed in accordance with Section 3.6(b5.4(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Linn Energy, LLC)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselves, the The Company’s 's items of income, gain, loss and deduction (computed in accordance with Section 3.6(b)4.4.2) for each Taxable Period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tallgrass Energy Partners, LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselvesAccounts, the Company’s items of income, gain, loss and deduction (computed in accordance with Section 3.6(b6.3(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein belowin this Section 9.1.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Regency Energy Partners LP)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members among themselvesAccounts, the Company’s items of income, gain, loss and deduction (computed in accordance with Section 3.6(bD1.2(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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 3.6(b4.5(b)) shall be allocated among the Members in for each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

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

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 3.6(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.4.3

Appears in 1 contract

Samples: Registration Rights Agreement (Tarragon Realty Investors Inc)

Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the rights of the Members Parties among themselves, the Company’s items of income, gain, loss and deduction (computed in accordance with Section 3.6(b4.5(b)) shall will be allocated among the Members in Parties for each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Performance Guaranty Agreement (Teppco Partners Lp)

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 3.6(b3.4(b)) shall be allocated among the Members in each taxable year (or portion thereofthereof (an “Allocation Period”) as provided herein below.

Appears in 1 contract

Samples: Limited Liability Company Agreement (ONEOK Partners LP)

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 3.6(b)Sections 4.4 hereof) shall be allocated among the Members in for each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Fourth Amended And (Developers Diversified Realty 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 Net Income or Net Loss, and all other items of Company income, gain, loss loss, and deduction (computed in accordance with Section 3.6(b"book" items)) , for any Tax Period shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.follows:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Quest Resource 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 3.6(b5.2(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Operating Agreement (Atlas Energy Resources, LLC)

Allocations for Capital Account Purposes. For Except as otherwise set forth in Section 5.01(b), 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 shall be allocated and charged to the Members in accordance with Section 3.6(b)) shall be allocated among the Members in each taxable year (or portion thereof) as provided herein belowtheir respective Sharing Ratios.

Appears in 1 contract

Samples: Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.)

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 3.6(b)4.4 hereof) shall be allocated among the Members in for each taxable year (or portion thereof) as provided herein below.

Appears in 1 contract

Samples: Operating Agreement (Strategic Hotel Capital Inc)

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