MEMBER'S ACCOUNTS. The Management Committee shall maintain separate capital and distribution accounts for each Member. Each Member’s capital account shall be determined and maintained in the manner set forth in Treasury Regulation 1.704-1(b)(2)(iv) and shall consist of his initial capital contribution increased by:
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Hilton Grand Vacations Management, LLC), Operating Agreement (DTWC Spokane City Center SPE, LLC), Limited Liability Company Agreement (DTWC Spokane City Center SPE, LLC)
MEMBER'S ACCOUNTS. The Management Committee shall maintain separate capital and distribution accounts for each Member. Each Member’s Members capital account shall be determined and maintained in the manner set forth in Treasury Regulation 1.704-1(b)(2)(ivl (b)(2)(iv) and shall consist of his initial capital contribution increased by:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (DTWC Spokane City Center SPE, LLC), Limited Liability Company Agreement (Hilton Grand Vacations Management, LLC)
MEMBER'S ACCOUNTS. The Management Committee shall maintain separate capital and distribution accounts for each Member. Each Member’s capital account shall be determined and maintained in the manner set forth in Treasury Regulation 1.704-1(b)(2)(iv1,704 l(b)(2)(iv) and shall consist of his initial capital contribution increased by:
Appears in 2 contracts
Samples: Limited Liability (Hilton Grand Vacations Management, LLC), Limited Liability (DTWC Spokane City Center SPE, LLC)
MEMBER'S ACCOUNTS. The Management Committee shall maintain separate capital and distribution accounts for each Member. Each Member’s capital account shall be determined and maintained in the manner set forth in Treasury Regulation 1.704-1(b)(2)(iv1.704l(b)(2)(iv) and shall consist of his initial capital contribution increased by:
Appears in 2 contracts
Samples: Limited Liability (Hilton Grand Vacations Management, LLC), Limited Liability (DTWC Spokane City Center SPE, LLC)
MEMBER'S ACCOUNTS. The Management Committee shall maintain separate capital and distribution accounts for each Member. Each Member’s capital account shall be determined and maintained in the manner set forth in Treasury Regulation 1.704-1(b)(2)(ivl(b)(2)(iv) and shall consist of his initial capital contribution increased by:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (DTWC Spokane City Center SPE, LLC), Limited Liability (Hilton Grand Vacations Management, LLC)
