Common use of MEMBER'S ACCOUNTS Clause in Contracts

MEMBER'S ACCOUNTS. The Manager 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-l(b)(2)(iv) and shall consist of his initial capital contribution increased by: Any additional capital contribution made by him/her; Credit balances transferred from his distribution account to his capital account; and decreased by: Distributions to him/her in reduction of Company capital; The Member’s share of Company losses if charged to his/her capital account.

MEMBER'S ACCOUNTS. The Manager shall Managers must maintain separate capital and distribution accounts for each memberMember. Each member’s Member's capital account shall must be determined and maintained in the manner set forth in Treasury Regulation 1.704-l(b)(2)(iv) and shall will consist of his the Member's initial capital contribution increased by: Any additional capital contribution made by him/herthe Member; Credit balances transferred from his the member's distribution account to his the member's capital account; and decreased by: Distributions to him/her the Member in reduction of Company capital; The Member’s 's share of Company losses if charged to his/her the Member's capital account.

MEMBER'S ACCOUNTS. The Manager shall Members must maintain separate capital and distribution accounts for each memberMember. Each member’s Member's capital account shall will be determined and maintained in the manner set forth in Treasury Regulation 1.704-l(b)(2)(iv) and shall 1(b)(2)(iv), each capital account will consist of his the Member’s initial capital contribution contribution: increased by: Any additional capital contribution made by him/herthe Member; Credit balances transferred from his the Member’s distribution account to his or her capital account; and decreased by: Distributions to him/her the Member in reduction of Company capital; The Member’s 's share of Company losses if charged to his/his or her capital account.

MEMBER'S ACCOUNTS. The Manager Managers shall maintain separate capital and distribution accounts for each member. Each member’s 's capital account shall be determined and maintained in the manner set forth in Treasury Regulation 1.704-l(b)(2)(iv1.704I(b)(2)(iv) and shall consist of his initial capital contribution increased by: Any additional capital contribution made by him/her; Credit balances transferred from his distribution account to his capital account; and decreased by: Distributions to 10 him/her in reduction of ot Company capital; The Member’s 's share of Company losses if it charged to his/her capital account.