Loss Allocation Limitation. No allocation of Net Loss (or items thereof) shall be made to any Holder to the extent that such allocation would create or increase an Adjusted Capital Account Deficit with respect to such Holder.
Appears in 48 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Up Holding Trust), Trust Agreement (MacroShares $100 Oil Up Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust)
Loss Allocation Limitation. No allocation of Net Loss (or items thereof) shall be made to any Holder Member to the extent that such allocation would create or increase an Adjusted Capital Account Deficit with respect to such HolderMember.
Appears in 8 contracts
Samples: Operating Agreement (Excelsior Buyout Investors LLC), Limited Liability Company Agreement (Marsh & McLennan Companies Inc), Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC)
Loss Allocation Limitation. No allocation of Net Loss (or items thereof) shall be made to any Holder Unitholder to the extent that such allocation would create or increase an Adjusted Capital Account Deficit with respect to such HolderUnitholder.
Appears in 3 contracts
Samples: Agreement and Declaration (Cushing MLP Infrastructure Fund), Agreement and Declaration of Trust (Cushing MLP Infrastructure Fund II), Agreement and Declaration of Trust (Cushing MLP Infrastructure Master Fund)
