By the Board. (a) All matters concerning the determination and allocation among the Members of the amounts to be determined and allocated pursuant to this Agreement, including any taxes thereon and accounting procedures applicable thereto, shall be determined by the Board unless specifically and expressly otherwise provided for by the provisions of this Agreement or as required by law, and such determinations and allocations shall be final and binding on all the Members.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Rochdale High Yield Advances Fund LLC), Limited Liability Company Operating Agreement (Rochdale Structured Claims Fixed Income Fund LLC), Limited Liability Company Operating Agreement (Rochdale Alternative Total Return Fund LLC)
By the Board. (a) All matters concerning the determination and allocation among the Members of the amounts to be determined and allocated pursuant to this Agreement, including any taxes thereon and accounting procedures applicable thereto, shall be determined by the Board (either directly or by the Manager pursuant to delegated authority) unless specifically and expressly otherwise provided for by the provisions of this Agreement or as required by law, and such determinations and allocations shall be final and binding on all the Members.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Rochdale Core Alternative Strategies Fund LLC), Limited Liability Company Operating Agreement (Rochdale Core Alternative Strategies Master Fund LLC)
By the Board. (a) All matters concerning the determination and allocation among the Members of the amounts to be determined and allocated pursuant to this AgreementArticle V hereof, including any taxes thereon and accounting procedures applicable thereto, shall be determined by the Board (either directly or by the Investment Manager pursuant to delegated authority) unless specifically and expressly otherwise provided for by the provisions of this Agreement or as required by law, and such determinations and allocations shall be final and binding on all the Members.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (FEG Directional Access Fund LLC)
