Common use of Item Allocations Clause in Contracts

Item Allocations. To the extent the Executive Committee, upon consultation with the Company's accountants, determines that allocations of Profits and/or Losses over the term of the Company are not likely to produce the Adjusted Capital Account Balances intended under this Section 4.1, then special allocations of income, gain, loss and/or deduction shall be made as deemed necessary by the Executive Committee to achieve the intended Adjusted Capital Account Balances.

Item Allocations. To the extent If the Executive CommitteeCommittee determines, upon consultation with the Company's accountantstax advisors, determines that allocations of Profits and/or and Losses over the term of the Company are not likely to produce the cause each Member's Adjusted Capital Account Balances intended under this Balance to equal the amount that would be distributed to such Member pursuant to Section 4.19.2(b)(ii) upon a hypothetical liquidation of the Company in accordance with Section 5.1(b), then special allocations of income, gain, loss loss, and/or deduction shall be made as reasonably deemed necessary by the Executive Committee to achieve the intended Adjusted Capital Account Balances.