2Decrease in Capital Account Sample Clauses

2Decrease in Capital Account. The capital account of the Member shall be decreased by the following: 11.2.1 The amount of money distributed to the Member by the Company pursuant to Section 14; 11.2.2 The fair market value of Property distributed to the Member by the Company (net of liabilities secured by such Property that the Member is considered to assume or take under Code Section 752); and 11.2.3 Allocations to the Member for the Company’s loss and deductions, including loss and deductions computed for book purposes described in Regulations, ‘1.704-1(b)(2)(iv)(g).