Credit to Capital Accounts Sample Clauses

Credit to Capital Accounts. Any and all Capital Contributions made by each Member pursuant to this Section 3.01 and Sections 3.02 and 3.03 shall be credited to the Capital Account and Unrecovered Contribution Account of each such Member as of the date any such Capital Contribution is made.
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Credit to Capital Accounts. All Capital Contributions to, and share of Net Profits and Net Losses of, and all distributions from, the Company shall be credited or charged, as the case may be, both for book and tax purposes, against each Member’s Capital Account.
Sample 1
Credit to Capital Accounts. Upon any Additional Capital Contribution or Warrant Contribution, the aggregate amount contributed shall be credited to the Capital Accounts of the Members in proportion to their Percentage Interests at such time. Notwithstanding the foregoing, in the event the Non-Defaulting Member makes the Default Payment, the Additional Capital Contribution of the Non-Defaulting Member with respect to the call that resulted in the Defaulting Member's default and the Default Payment that is not treated as a loan under Section 4.3(b)(ii) hereof shall, if CT-F2 is the Non-Defaulting Member, be credited solely to the Capital Account of CT-F2, and if General XXXX XX is the Non-Defaulting Member, be applied first to repay the Warrant Purchase Notes and thereafter be credited solely to the Capital Account of General XXXX XX.
Sample 1
Credit to Capital Accounts. Any and all Capital Contributions made by Paladin pursuant to this Section 3.01 and Sections 3.02 and 3.03 shall be credited to the Capital Account and Unrecovered Contribution Account of Paladin as of the date any such Capital Contribution is made. The Class A Capital Contributions and any and all other Capital Contributions made by ERES pursuant to this Section 3.01 and Sections 3.02 and 3.03 shall be credited to the Capital Account and Unrecovered Class A Contribution Account of ERES as of the date any such Capital Contribution is made. The Class B Capital Contributions of ERES shall be credited to the Unrecovered Class B Contribution Account as of the date of this Agreement.
Sample 1

Related to Credit to Capital Accounts

  • Book Capital Accounts The Book Capital Account balance of each Holder shall be adjusted each day by the following amounts:

  • Adjustments to Capital Accounts At the end of each Fiscal Period, the Capital Accounts of the Partners shall be adjusted in the following manner:

  • Deficit Capital Accounts No Member will be required to pay to the Company, to any other Member or to any third party any deficit balance that may exist from time to time in the Member’s Capital Account.

  • Negative Capital Accounts No Member shall be required to pay to any other Member or the Company any deficit or negative balance which may exist from time to time in such Member’s Capital Account (including upon and after dissolution of the Company).

  • Deficit Capital Account Upon the dissolution of the Company, any Member having a deficit balance in its Capital Account shall contribute to the Company the amount of cash or other assets (at their fair market value) necessary to bring the balance of such Member's Capital Account to zero after taking into account all allocations required by the regulations under Section 704(b) of the Code and all distributions of cash and other assets.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Capital Accounts of the Partners A. The Partnership shall maintain for each Partner a separate Capital Account in accordance with the rules of Regulations Section l.704-l(b)(2)(iv). Such Capital Account shall be increased by (i) the amount of all Capital Contributions and any other deemed contributions made by such Partner to the Partnership pursuant to this Agreement and (ii) all items of Partnership income and gain (including income and gain exempt from tax) computed in accordance with Section 1.B hereof and allocated to such Partner pursuant to Section 6.1 of the Agreement and Exhibit C thereof, and decreased by (x) the amount of cash or Agreed Value of all actual and deemed distributions of cash or property made to such Partner pursuant to this Agreement and (y) all items of Partnership deduction and loss computed in accordance with Section 1.B hereof and allocated to such Partner pursuant to Section 6.1 of the Agreement and Exhibit C thereof.

  • Capital Contributions and Capital Accounts (a) The value of the interests contributed by the Class A Certificateholders and the Class I Certificateholders shall equal the amount paid by such Certificateholders for such interests, respectively, and such amounts shall constitute the opening balance in their Capital Accounts (as hereinafter defined). The value of the interests contributed by the Class IC Certificateholder shall equal the fair market value of the Receivables contributed to the Tax Partnership less the value attributed to the Class A Certificateholders and the Class I Certificateholders, as described above. Such amount shall constitute the opening balance in the Class IC Certificateholder's Capital Account.

  • Capital Account (a) There shall be established for each Member on the books of the Company a Capital Account in accordance with Section 704 of the Code and the Treasury Regulations promulgated thereunder.

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