Common use of Assignee’s Rights Clause in Contracts

Assignee’s Rights. (a) A permitted transfer of a Company Interest shall be effective as of the date of assignment and compliance with the conditions to such transfer and such transfer shall be shown on the books and records of the Company. Profits, Losses and other Company items shall be allocated between the transferor and the Assignee according to Code Section 706. Distributions made before the effective date of such transfer shall be paid to the transferor, and Distributions made after such date shall be paid to the Assignee.

Assignee’s Rights. (a) A permitted transfer The Transfer of a Company Interest in accordance with this Agreement shall be effective as of the date of its assignment and (assuming compliance with all of the conditions to such transfer Transfer set forth herein), and such transfer Transfer shall be shown on the books and records of the Company. Profits, Losses and other Company items shall be allocated between the transferor and the Assignee according to Code Section 706. Distributions made before the effective date of such transfer shall be paid to the transferor, and Distributions made after such date shall be paid to the Assignee.using any permissible method as determined in the

Assignee’s Rights. (a) A permitted transfer Transfer of a Company Interest in accordance with this Agreement shall be effective as of the date of assignment and compliance with the conditions to such transfer Transfer and such transfer Transfer shall be shown on the books and records of the Company. ProfitsIncome, Losses loss and other Company items shall be allocated between the transferor and the Assignee according to Code Section 706706 as determined by the Board. Distributions made before the effective date of such transfer Transfer shall be paid to the transferor, and Distributions made after such date shall be paid to the Assignee.

Assignee’s Rights. (a) A permitted transfer of a Company Interest shall be effective as of the date of assignment and compliance with the conditions to such transfer and such transfer shall be shown on the books and records of the Company. Profits, Losses and other Company items shall be allocated between the transferor and the Assignee according to Code Section 706. Distributions made before the effective date of such transfer shall be paid to the transferor, and Distributions distributions made after such date shall be paid to the Assignee.