Allocations Distributions. Each item of income, gain, loss, deduction and credit of the Company shall be allocated 100% to the Member. Each distribution of cash or other property by the Company shall be made 100% to the Member. Distributions shall be made to the Member at the times and in the amounts determined by the Member.
Allocations Distributions. Each item of income, gain, loss, deduction, credit and other tax items of the Company shall be allocated 100% to the Member. Each distribution of cash or other property by the Company shall be made 100% to the Member. Notwithstanding any provision to the contrary in this Agreement, the Company, and the Board on behalf of the Company, shall not make a distribution to the Member on account of its interest to the extent that such distribution would violate the Act or other applicable law.
Allocations Distributions. Expenses; Taxes; Books;
Allocations Distributions. Each item of income, gain, loss, deduction and credit of the Company may be allocated 100% to the Members or in such other manner as the Board of Managers determines in its sole discretion. Each distribution of cash or other property by the Company shall be made 100% to the Members pro rata based on the number of Common Units held by them. Distributions may be made to the Members at the times and in the amounts determined by the Board of Managers. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not be required to make distributions to the Members if such distribution would violate the Act or other applicable law.
Allocations Distributions. All income, gain, loss, deductions and credits of the Company shall be allocated to the Member. The timing and amount of distributions shall be determined by the Member, subject only to the provisions of the Act.
Allocations Distributions. 17 Section 5.01. Allocations........................................................................... 17 Section 5.02. Distribution of Cash.................................................................. 22 Section 5.03. REIT Distribution Requirements........................................................ 24 Section 5.04. No Right to Distributions in Kind..................................................... 24 Section 5.05. Limitations on Return of Capital Contributions........................................ 25 Section 5.06.
Allocations Distributions. SECTION 5.1. Allocations of Net Income or Net Loss SECTION 5.2. Special Allocations SECTION 5.3. Other Allocation Rules SECTION 5.4. Allocations of Taxable Income or Loss SECTION 5.5. Distributions SECTION 5.6. Tax Distributions SECTION 5.7. Special PDC Withdrawal
Allocations Distributions. Subject to Section (m), each item of income, gain, loss, deduction and credit of the Company will be allocated among the Members in proportion to the respective amounts of the capital contributions made by them. Each distribution of cash or other property by the Company will be allocated among the Members in proportion to the respective amounts of the capital contributions made by them.
Allocations Distributions. Without limitation of the Garnet Preferred Member's rights pursuant to Section 7.4, during the Extension Period (i) Garnet Net Income, Garnet Net Losses, Net Garnet Capital Gain, and Net Garnet Capital Loss shall be allocated as set forth in Article IV and (ii) Distributions shall be made to the Garnet Preferred Member as set forth in Section 5.1(a) (if applicable) and Section 5.1(b).
Allocations Distributions. Each item of income, gain, loss, deduction, credit and other tax items of the Company shall be allocated between the Members on the basis of their respective Interests. Each distribution of cash or other property by the Company shall be made to the Members on the basis of their respective Interests. Notwithstanding any provision to the contrary in this Agreement, the Company, and the Board on behalf of the Company, shall not make a distribution to the Members on account of their respective Interests to the extent that such distribution would violate the Act or other applicable law. If from time to time a Member receives any payment owed to the Company, such Member shall either (a) remit the payment to the Company, (b) remit to the other Member an amount equal to the product of the payment multiplied by such other Member’s Interest (the “Other Member’s Share”), or (c) hold the Other Member’s Share as agent for such other Member.
