Book Capital Accounts. The Book Capital Account balance of each Holder shall be adjusted each day by the following amounts:
Book Capital Accounts. 4 Section 3.3
Book Capital Accounts. A capital account (the “Book Capital Account”) for each Member shall be maintained at all times during the term of the Company in accordance with this Section 1.2 and the capital accounting rules set forth in Section 1.704-1(b)(2)(iv) of the Income Tax Regulations, as the same may be amended from time to time (“Income Tax Regulations”). The Company shall make all adjustments required by said Section 1.704-1(b)(2)(iv), including the adjustments contained in Section 1.704-1(b)(2)(iv)(g) of the Income Tax Regulations (relating to “Section 704(c) Property”, as defined in Section 2.3B(1) of this Exhibit). In the event that at any time during the term of the Company it shall be determined that the Book Capital Accounts shall not have been maintained as required by this Section 1.2, then said accounts shall be retroactively adjusted so that the same shall conform to this Section 1.2.
Book Capital Accounts. The initial book capital account of Contributor to be reflected on the partnership books and records of Acquiror shall be the face amount of the Preferred Partnership Units.
Book Capital Accounts. (a) A Book Capital Account shall be maintained for each Holder of each Portfolio. With respect to each Portfolio, each Holder's Book Capital Account (i) shall be credited with the amount(s) of consideration paid by the Holder to purchase or increase its Interest in that Portfolio and with the Holder's share of that Portfolio's Net Profits, (ii) shall be charged with the Holder's share of that Portfolio's Net Losses, distributions to the Holder, and withholding taxes (if any), and (iii) shall otherwise appropriately reflect transactions of that Portfolio and its Holders. No interest shall be paid on any amount of consideration paid to the Trust to purchase or increase Interests.
Book Capital Accounts. 52 7.8 Indemnification with Respect to Mortgage Documents . . . . . . . . . . . . . . . . . . . . . . 52 7.9 Contributor's Financing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52 7.10 Preferred Partnership Units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53
Book Capital Accounts. The “Book Capital Account” balances of Investors shall evidence their beneficial interest in the Fund or a Series and shall be determined daily or at such time or times as the Board of Directors may determine. All determinations of Book Capital Accounts shall be in accordance with Section 704(b) of the Code, and the Treasury regulations promulgated thereunder, including without limitation, Regulations §§ 1.704-1(b)(2)(iv)(f) and (g) and 1.704-1(b)(4)(i) relating to revaluations of property as provided in Appendix A hereto. The power and duty to determine and maintain the Book Capital Account balances of Investors may be delegated by the Directors to the Investment Adviser, administrator, custodian or such other person as the Directors may determine.
Book Capital Accounts. A Book Capital Account for the Partnership shall be established for each Partner. The initial balance of each Partner’s Book Capital Account shall be the amount of his initial capital contribution to the Partnership less any applicable upfront charges. The balance of a Partner’s Book Capital Account shall be increased or decreased in accordance with subparagraph (d) below and shall be further increased by the amount of any additional capital contributions and decreased by the amount of any redemptions or other distributions attributable to such Partner.
Book Capital Accounts. A capital account (the "Book Capital --------------------- ------------ Account") for each Partner shall be maintained at all times during the term of ------- the Partnership in accordance with this Section 1.2 and the capital accounting rules set forth in Section ----------- ------- 1.704-1(b)(2)(iv) and in Section 1.704-2 of the Regulations. In the event that ----------------- --------------- at any time during the term of the Partnership it shall be determined that the Book Capital Accounts shall not have been maintained as required by this Section ------- 1.2, then said accounts shall be retroactively adjusted so that the same shall --- conform to this Section 1.2. -----------
Book Capital Accounts. A capital account (the “Book Capital Account”) for each Partner shall be maintained at all times during the terra of the Partnership in accordance with this Section 1.2 and the capital accounting rules set forth in Section 1.704-1(b)(2)(iv) and in Section 1.704-2 of the Regulations- In the event that at any time during the term of the Partnership it shall be determined that the Book Capital Accounts shall not have been maintained as required by this Section 1.2, then said accounts shall be retroactively adjusted so that the same shall conform to this Section 1.2.
