Book Adjustments on Distributions. With respect to all distributions of property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this Exhibit.
Appears in 3 contracts
Samples: Loan Termination Agreement, Loan Termination Agreement (Thomas Properties Group Inc), Operating Agreement (Thomas Properties Group Inc)
Book Adjustments on Distributions. With respect to all distributions of property Property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this Exhibit.Appendix. ARTICLE II ALLOCATION OF INCOME, LOSSES AND DEDUCTIONS FOR BOOK AND TAX PURPOSES
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tejon Ranch Co)
Book Adjustments on Distributions. With respect to all distributions of Company property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this ExhibitAppendix “A”.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tejon Ranch Co)
Book Adjustments on Distributions. With respect to all distributions of property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e1.704‑1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ ' Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this Exhibit.
Appears in 1 contract
Book Adjustments on Distributions. With respect to all --------------------------------- distributions of Company property of the Company to the Members, the Company shall comply with the provisions contained in Section 1.704-1.704- 1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ ' Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II 2 of this ExhibitTax Supplement.
Appears in 1 contract
Book Adjustments on Distributions. With respect to all --------------------------------- distributions of property of the Company Property to the Members, the Company shall comply with the provisions contained in Section 1.7041-704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ ' Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this Exhibit.Exhibit "C."
Appears in 1 contract
Samples: Agreement (Overseas Partners LTD)
Book Adjustments on Distributions. With respect to all distributions of property of the Company Property to the Members, the Company shall comply with the provisions contained in Section 1.704-1(b)(2)(iv)(e) of the Income Tax Regulations (relating to adjustments to the Members’ ' Book Capital Accounts in connection with such distributions) and all allocations and adjustments made in connection therewith shall be in accordance with Article II of this ExhibitEXHIBIT "D".
Appears in 1 contract
Samples: Limited Liability Company Agreement (Northstar Capital Investment Corp /Md/)
