3Special Allocation for 704(c) Property Clause Samples

3Special Allocation for 704(c) Property. In cases where Code Section 704(c) applies to Property of the Company, the Members’ capitalaccounts shallbe adjustedin accordance with Regulations, ‘1.704-1(b)(2)(iv)(g)for allocations to the Members of depreciation, depletion, amortization, gain, and loss, as computed for book purposes, with respect to such Property.