Common use of Financial Adjustments Clause in Contracts

Financial Adjustments. No new Members shall be entitled to any retroactive allocation of losses, income, or expense deductions incurred by the Company. The Manager may, at their option, at the time a Member is admitted, close the Company books (as though the Company's tax year had ended) or make pro rata allocations of loss, income, and expense deductions to a new Member for that portion of the Company's tax year in which a Member was admitted in accordance with the provisions of IRC Sec. 706(d) and the Treasury Regulations promulgated thereunder.

Financial Adjustments. No new Members shall be entitled to any retroactive allocation of losses, income, or expense deductions incurred by the Company. The Manager Managers may, at as their option, at the time a Member is admitted, close the Company books (as though the Company's tax year had ended) or make pro rata allocations of loss, income, and expense deductions to a new Member member for that portion of the Company's tax year in which a Member member was admitted in In accordance with the provisions of IRC Sec. 706(d) and the Treasury Regulations promulgated thereunder.

Financial Adjustments. No new Members shall be entitled to any retroactive allocation of losses, income, or expense deductions incurred by the Company. The Manager Managers may, at their option, at the time a Member is admitted, close the Company books boos (as though the Company's ’s tax year had ended) or make pro rata allocations of loss, income, and expense deductions to a new Member for that portion of the Company's ’s tax year in which a Member was admitted in accordance with the provisions of IRC Sec. Section 706(d) and the Treasury Regulations promulgated thereunder.. - 23 - ARTICLE XII

Financial Adjustments. No new Members shall be entitled to any retroactive allocation of losses, income, or expense deductions incurred by the Company. The Manager Directors may, at their option, at the time a Member is admitted, close the Company books (as though the Company's ’s tax year had ended) or make pro rata allocations of loss, income, loss and expense deductions to a new Member for that portion of the Company's ’s tax year in which a Member was admitted in accordance with the provisions of IRC Sec. 706(dCode Section 706(a) and the Treasury Regulations promulgated thereunder.

Financial Adjustments. No new Members shall be entitled to any retroactive allocation of losses, income, or expense deductions incurred by the Company. The Manager Directors may, at their option, at the time a Member is admitted, close the Company books (as though the Company's tax year had ended) or make pro rata allocations of loss, income, loss and expense deductions to a new Member for that portion of the Company's tax year in which a Member was admitted in accordance with the provisions of IRC Sec. 706(dCode Section 706(a) and the Treasury Regulations promulgated thereunder.

Financial Adjustments. No new Members Member shall be entitled to any retroactive allocation of losses, income, or expense deductions incurred by the Company. The Manager may, at their its option, at the time a Member is admitted, close the Company books (as though the Company's tax year had ended) or make pro rata allocations of loss, income, and expense deductions to a new Member for that portion of the Company's tax year in which a Member was admitted in accordance with the provisions of IRC Sec. 706(dss.706(d) and the Treasury Regulations promulgated thereunder.

Financial Adjustments. No new Members shall be entitled to any retroactive allocation of losses, income, or expense deductions incurred by the Company. The Manager may, at their its option, at the time a Member is admitted, close the Company books (as though the Company's tax year had ended) or make pro rata allocations of loss, income, and expense deductions to a new Member for that portion of the Company's tax year in which a Member was admitted in accordance with the provisions of IRC Sec. 706(d) and the Treasury Regulations promulgated thereunder.

Financial Adjustments. No new Members Member shall be entitled to any retroactive allocation of losses, income, or expense deductions incurred by the Company. The Manager Company may, at their its option, at the time a new Member is admitted, close the Company Company's books (as though the Company's tax year had ended) or make pro rata allocations of loss, income, and expense deductions to a new Member for that portion of the Company's tax year in which a Member was admitted in accordance with the provisions of IRC Sec. 706(d) Section 706 of the Code and the Treasury Regulations promulgated thereunder.

Financial Adjustments. No new Members shall be entitled to any retroactive allocation of losses, income, or expense deductions incurred by the Company. The Manager Members may, at their option, at the time a Member is admitted, close the Company books (as though the Company's tax year had has ended) or make pro rata allocations of loss, income, and expense deductions to a new Member for that portion of the Company's tax year in which a Member was admitted in accordance with the provisions of IRC Sec. § 706(d) and the Treasury Regulations promulgated thereunder.