INVESTMENT GAINS AND LOSSES Sample Clauses

INVESTMENT GAINS AND LOSSES. Except as otherwise provided herein, all or a portion of the funds deposited into the 1998-B SUBI Accounts and the Lease Funding Account shall be separately invested by the Titling Trustee or the 1998-B Securitization Trustee, as applicable, from time to time at the written direction of the Servicer, in any Permitted Investments. All income, gain or loss from investment of monies in the 1998-B SUBI Lease Funding Account shall be for the account of the Servicer and credited or debited, as the case may be, from such account; provided, that, each such investment shall be made in the name of the Titling Trustee on behalf of the Titling Trust, its nominee or its Financial Intermediary. All income, gain or loss from investment of monies in the Lease Funding Account shall be for the account of the UTI Beneficiary and credited or debited, as the case may be, from such account; provided, that, each such investment shall be made in the name of the Titling Trustee on behalf of the Titling Trust, its nominee or its Financial Intermediary. If at any time the Servicer shall not have given the Titling Trustee a timely written investment directive with respect to the Lease Funding Account or the 1998-B Lease Funding Account, the Titling Trustee shall invest and reinvest any monies in such account(s) in a mutual fund offered by the 1998-B Securitization Trustee or an affiliate of the 1998-B Securitization Trustee, each of which meet the requirements of clause (i) of the definition of Permitted Investments, or of the Trust Agent or another affiliate of the Titling Trustee, each of which meet the requirements of clause (i) of the definition of Permitted Investments. All income gain or loss from investment of monies in the 1998-B SUBI Certificateholders' Account shall be for the account of the Certificateholders and credited or debited, as the case may be, from such account(s) provided that each such investment shall be made in the name of the 1998-B Securitization Trustee on behalf of the 1998-B Securitization Trust, its nominee or its Financial Intermediary. All income gain or loss from investment of monies in the 1998-B SUBI Collection Account shall be for the account of the Servicer and credited and debited, as the case may be, from such account; provided, that, each such investment shall be made in the name of the 1998-B Securitization Trustee on behalf of the 1998-B Securitization Trust, its nominee or Financial Intermediary. If at any time the Servicer shall not have g...
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INVESTMENT GAINS AND LOSSES. Except as otherwise provided herein, all or a portion of the funds deposited into the 20[__]-[__] SUBI Collection Account shall be invested by the 20[__]-[__] Securitization Trustee from time to time at the written direction of the Servicer, in any Eligible Investments. All income gain or loss from investment of monies in the 20[__]-[__] SUBI Collection Account shall be for the account of the Servicer and credited and debited, as the case may be, from such account; provided, that, each such investment shall be made in the name of the 20[__]-[__] Securitization Trustee on behalf of the 20[__]-[__] Securitization Trust, its nominee or Financial Intermediary. If at any time the Servicer shall not have given the 20[__]-[__] Securitization Trustee a timely written investment directive with respect to the 20[__]-[__] SUBI Collection Account, the 20[__]-[__] Securitization Trustee shall invest and reinvest any monies in such account in a mutual fund offered by the 20[__]-[__] Securitization Trustee or an affiliate of the 20[__]-[__] Securitization Trustee, each of which meet the requirements of clause [(i)] of the definition of Eligible Investments. The 20[__]-[__] Securitization Trustee shall not be liable for the selection of investments or for investment losses incurred thereon in accordance with the instructions of the Servicer or as otherwise specified in this Section 3.03. The 20[__]-[__] Securitization Trustee shall have no liabilities in respect of losses incurred as a result of the liquidation of any investment prior to its stated maturity or the failure of the Servicer to provide timely written investment direction.
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INVESTMENT GAINS AND LOSSES. The Employee, on behalf of himself, his spouse and his issue, however, assumes all risk in connection with any decrease in value of the Deferred Compensation Account and will benefit from any increase in value of the Deferred Compensation Account.
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INVESTMENT GAINS AND LOSSES and reinvest any monies in such account(s) in a mutual fund offered by the Trust Agent or another affiliate of the Titling Trustee meeting the requirements of clause (i) of the definition of Permitted Investments.
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INVESTMENT GAINS AND LOSSES. All or a portion of the funds deposited into the 1997-A SUBI Accounts shall be separately invested by the Titling Trustee or the 1997-A Securitization Trustee, as applicable, from time to time at the direction of the Servicer, in any Permitted Investments. All income, gain or loss from investment of monies in the Lease Funding Account shall, unless otherwise specified in the Transaction Documents with respect to any Securitized Financing, be for the account of the UTI Beneficiary; provided, that, each such investment shall be made in the name of the Titling Trustee, its nominee or its Financial Intermediary. If at any time the Servicer shall not have given the Titling Trustee a timely investment directive with respect to any 1997-A SUBI Account, the Titling Trustee shall invest and reinvest any monies in such account(s) in a mutual fund offered by the Trust Agent or another affiliate of the Titling Trustee meeting the requirements of clause (i) of the definition of Permitted Investments.
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Related to INVESTMENT GAINS AND LOSSES

  • Net Termination Gains and Losses After giving effect to the special allocations set forth in Section 6.1(d), all items of income, gain, loss and deduction taken into account in computing Net Termination Gain or Net Termination Loss for such taxable period shall be allocated in the same manner as such Net Termination Gain or Net Termination Loss is allocated hereunder. All allocations under this Section 6.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 6.1 and after all distributions of Available Cash provided under Sections 6.4 and 6.5 have been made; provided, however, that solely for purposes of this Section 6.1(c), Capital Accounts shall not be adjusted for distributions made pursuant to Section 12.4.

  • Profits and Losses Distributions Until the admission of additional Members, the Original Member shall be entitled to all allocations of LLC profits and losses and to allocations of distributions.

  • Allocation of Profits and Losses Distributions Profits/Losses. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

  • Allocation of Profits and Losses The Company’s profits and losses shall be allocated to the Member.

  • Net Losses After giving effect to the special allocations set forth in Section 6.1(d), Net Losses for each taxable period and all items of income, gain, loss and deduction taken into account in computing Net Losses for such taxable period shall be allocated as follows:

  • Net Loss After giving effect to the special allocations set forth in Section 6.1(d), Net Loss for each taxable period and all items of income, gain, loss and deduction taken into account in computing Net Loss for such taxable period shall be allocated as follows:

  • Allocations of Profits and Losses Except as otherwise provided in this Agreement, Profits and Losses (and, to the extent necessary, individual items of income, gain or loss or deduction of the Partnership) shall be allocated in a manner such that the Capital Account of each Partner after giving effect to the Special Allocations set forth in Section 5.05 is, as nearly as possible, equal (proportionately) to (i) the distributions that would be made pursuant to Article IV if the Partnership were dissolved, its affairs wound up and its assets sold for cash equal to their Carrying Value, all Partnership liabilities were satisfied (limited with respect to each non-recourse liability to the Carrying Value of the assets securing such liability) and the net assets of the Partnership were distributed to the Partners pursuant to this Agreement, minus (ii) such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, computed immediately prior to the hypothetical sale of assets. For purposes of this Article V, each Unvested Unit shall be treated as a Vested Unit. Notwithstanding the foregoing, the General Partner shall make such adjustments to Capital Accounts as it determines in its sole discretion to be appropriate to ensure allocations are made in accordance with a partner’s interest in the Partnership.

  • Participation in Profits and Losses All profits and losses of the Company will be allocated to the Member.

  • Profits and Losses For financial accounting and tax purposes, the Company’s net profits or net losses shall be determined on an annual basis in accordance with the manner determined by the Board. In each year, profits and losses shall be allocated entirely to the Member.

  • CAPITAL GAINS 1. Gains derived by a resident of a Contracting State from the alienation of immovable property referred to in Article 6 and situated in the other Contracting State may be taxed in that other State.

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