Computation of Amounts. For purposes of computing the amount of any item of income, gain, loss, deduction or expense to be reflected in Capital Accounts, the determination, recognition and classification of each such item shall be the same as its determination, recognition and classification for federal income tax purposes; provided that:
Appears in 47 contracts
Samples: Operating Agreement (Boise Building Solutions Manufacturing Holdings Corp.), Limited Liability Company Agreement (DelStaff, LLC), Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC)
Computation of Amounts. For purposes of computing the amount of any item of income, gain, loss, deduction or expense to be reflected in Capital Accounts, the determination, recognition and classification of each such item shall be the same as its determination, recognition and classification for U.S. federal income tax purposes; provided that:
Appears in 12 contracts
Samples: Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC), Limited Liability Company Agreement (KKR Infrastructure Conglomerate LLC), Limited Liability Company Agreement (KKR Infrastructure Conglomerate LLC)
Computation of Amounts. For purposes of computing the amount of any item of income, gain, loss, loss or deduction or expense to be reflected in the Members’ Capital Accounts, the determination, recognition and classification of each any such item shall be the same as its determination, recognition and classification for federal income tax purposes; purposes (including, without limitation, any method of depreciation, cost recovery or amortization used for that purpose), provided that:
Appears in 9 contracts
Samples: Limited Liability Company Agreement (DCP Midstream Partners, LP), Purchase and Sale Agreement (Williams Partners L.P.), Limited Liability Company Agreement (DCP Midstream Partners, LP)
Computation of Amounts. For purposes of computing the amount of any item of income, gain, loss, deduction or expense to be reflected in Capital Accounts, the determination, recognition and classification of each such item shall be the same as its determination, recognition and classification for federal income tax purposes; provided that:
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Success Acquisition Corp), Limited Liability Company Agreement (Success Acquisition Corp), Limited Liability Company Agreement (Solutia Inc)
Computation of Amounts. For purposes of computing the amount of any item of income, gain, loss, deduction or expense to be reflected in Capital Accounts, the determination, recognition and classification of each such item shall be the same as its determination, recognition and classification for federal income tax purposes; provided provided, that:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Alliance Laundry Systems LLC), Limited Liability Company Agreement (Alliance Laundry Systems LLC), Limited Liability Company Agreement (Alliance Laundry Corp)
Computation of Amounts. For purposes of computing the amount of any item of Company income, gain, loss, loss or deduction or expense to be allocated pursuant to this Article IV and to be reflected in the Capital Accounts, the determination, recognition and classification of each any such item shall be the same as its determination, recognition and classification for federal income tax purposes; purposes (including any method of depreciation, cost recovery or amortization used for this purpose), provided that:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Exopack Advanced Coatings, LLC), Limited Liability Company Agreement (Exopack Holding Corp)
Computation of Amounts. For purposes of computing the amount of any item of income, gain, loss, loss or deduction or expense to be reflected in the Partners’ Capital Accounts, the determination, recognition and classification of each any such item shall be the same as its determination, recognition and classification for federal income tax purposes; purposes (including, without limitation, any method of depreciation, cost recovery or amortization used for that purpose), provided that:
Appears in 2 contracts
Samples: General Partnership Agreement (DCP Midstream Partners, LP), General Partnership Agreement (DCP Midstream Partners, LP)
Computation of Amounts. For purposes of computing the amount of any item of Company income, gain, loss, or deduction or expense to be allocated pursuant to this Article and to be reflected in the Capital Accounts, the determination, recognition and classification of each any such item shall be the same as its determination, recognition and classification for federal income tax purposes; purposes (including any method of depreciation, cost recovery or amortization used for this purpose), provided that:
Appears in 1 contract
Computation of Amounts. For purposes of computing the amount of any item of income, gain, loss, deduction Profit or expense Losses to be reflected in Capital Accounts, the determination, recognition and classification of each such item shall be the same as its determination, recognition and classification for federal Federal income tax purposes; provided that:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Colonial Properties Trust)
Computation of Amounts. For purposes of computing the amount of any item of income, gain, loss, loss or deduction or expense to be reflected in Capital Accounts, the determination, recognition and classification of each such item shall be made in accordance with the same as its determinationaccrual method of accounting, recognition and classification for applying federal income tax purposes; provided that:accounting principles, unless another method of accounting is required under the Code.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Media Service Group Inc)
Computation of Amounts. For purposes of computing the ---------------------- amount of any item of income, gain, loss, deduction or expense to be reflected in Capital Accounts, the determination, recognition and classification of each such item shall be the same as its determinationdeter mination, recognition and classification for federal income tax purposes; provided that:: --------
Appears in 1 contract
Samples: Limited Liability Company Agreement (Alliance Laundry Holdings LLC)
Computation of Amounts. For purposes of computing the amount of any item of Company income, gain, loss, loss or deduction or expense to be allocated pursuant to this Section 9 and to be reflected in the Capital Accounts, the determination, recognition and classification of each any such item shall be the same as its determination, recognition and classification for federal income tax purposes; purposes (including any method of depreciation, cost recovery or amortization used for this purpose), provided that:
Appears in 1 contract
Samples: Limited Liability (Integrated Alarm Services Group Inc)
Computation of Amounts. For purposes of computing the ---------------------- amount of any item of income, gain, loss, deduction or expense to be reflected in Capital Accounts, the determination, recognition and classification of each such item shall be the same as its determination, recognition and classification for federal income tax purposes; , provided that:: -------- ----
Appears in 1 contract
Samples: Onepoint Communications Corp /De
